ESG Data Guide 2024

ICE - ICE Impact Bond Classification Service

Data category

  • Environmental data
  • Governance data
  • Social data
  • Impact Bond Data

The data offers solutions for:

  • Environmental impact analysis and insight
  • Investment decisions and portfolio insight
  • Reporting: Impact
  • Social impact analysis and insight

Who are the data users?

  • Financial institutions
  • Investors

Brief description of the data offering

Impact bond issuance continues to grow as investors seek ways for their capital to contribute to sustainability goals. To bring greater transparency to this market, ICE’s Impact Bond Classification Service offers data that align with industry-recognized impact bond frameworks. Clients can supplement the Classification Service data with ICE’s Impact Bond Use of Proceeds, which provides project details, proceeds allocation reports and impact reports. Clients can use this data to support security selection and management of investments by supplying a securities of interest list or receiving the full universe of Impact Bond information.  The Impact Bond datasets can be used independently or to complement ICE’s extensive reference and pricing data services which includes reference data coverage of over 35 million active and retired financial instruments.

Coverage:

  • Extensive database of corporate, sovereign, and municipal debt instruments that identifies bonds independently verified as adhering to an industry recognized impact bond framework. Identification of the industry framework used by   bond issuer to structure its impact bonds is provided as part of the Impact Bond Classification Service. 
  • Complete and timely data - We continually monitor sources to identify new impact bond issuances and expand data attribute coverage via analysis of product documentation and reports from independent verifiers. Newly issued   impact bonds are available on an intraday basis. 
  • Use of proceeds data - Additional module covering global, independently verified corporate and sovereign impact bonds that provides project details, proceed allocation reports and impact reports. This additional level of detail helps users to monitor issuers’ adherence to framework-driven commitments.

What are the key attributes that differentiate the data you offer?

  • Breadth of coverage across corporate, sovereign, supranational and municipal issuers  
  • Select from both universe or bulk delivery of the entire Impact bond universe or receive the datapoints for the universe of interest
  • Use of Proceeds Data module provides granularity of data and insight into projects being funded, assess beneficiaries of the funds and track the positive outcomes from an investment