Intercontinental Exchange Inc.
ICE.US | Administration of financial markets
Intercontinental Exchange, Inc. (ICE) operates global exchanges, clearing houses, and provides data and listing services. It operates exchanges for financial and commodity markets, including futures, options, and over-the-counter (OTC) derivatives. ICE also provides clearing services for various ass...Show More
Better Health for All
0
Intercontinental Exchange Inc. (ICE.US) operates global exchanges, clearing houses, and provides data and listing services for financial markets. Its core business activities do not directly involve health-related products or services, resulting in a neutral impact on health outcomes. While the company offers employee health and wellness programs, including mental health support and parental leave benefits, these initiatives are explicitly excluded from the 'Better Health for All' value, as they pertain to worker respect. Similarly, financial education efforts are not considered health education. Although ICE.US incorporates health data into its Social Impact Scores
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and committed $10 million to COVID-19 response,
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the provided evidence does not offer sufficient specific details or quantitative metrics required by the rubric to score these areas.
Fair Money & Economic Opportunity
0
Intercontinental Exchange Inc. (ICE) operates global exchanges and provides data and listing services, rather than consumer lending or deposit services. As such, KPIs related to underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (loan/insurance book), data accessibility (open-banking APIs), wealth building outcomes, debt burden ratio, geographic inclusion (banking access points), and product simplicity for consumer financial products are not applicable to its core business and are scored 0. ICE has faced significant regulatory actions, including a $10 million SEC fine in May 2024 for failing to promptly report a 2021 cyber intrusion,
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a $14 million SEC fine in January 2024 for multiple regulatory failures related to disruptive market events and misrepresenting stock prices,
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and an $8 million SEC settlement in December 2020 for compliance deficiencies related to securities quotes.
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These fines pertain to market operations and regulatory reporting, not discriminatory or unfair lending practices. While ICE states financial education is a cornerstone of its charitable efforts, supporting programs in the U.S., U.K., and India,
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no quantitative data on the reach or outcomes of these initiatives is provided. Similarly, there is no evidence of profit reinvestment in community finance or profit-sharing with underserved communities as defined by the rubric, beyond matching employee charitable contributions up to $5,000 annually.
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Fair Pay & Worker Respect
-10
Less than 1% of the workforce is covered by collective bargaining agreements.
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For the 2024 fiscal year, the CEO-to-median-employee pay ratio was 144:1
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, with the CEO's total compensation at $19,520,589
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and median employee pay at $135,737.
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Voluntary employee attrition was 8.4% in 2024.
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The employee engagement score was 81% in 2024, based on employees recommending ICE as a good place to work.
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Fair Trade & Ethical Sourcing
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Intercontinental Exchange (ICE) operates as a financial market infrastructure provider, and as such, does not procure or trade physical commodities, nor does it have a supply chain requiring welfare or sourcing audits, or material sourcing of at-risk inputs. ICE has launched the ICE Commodity Traceability Service (ICE CoT) in collaboration with Space Intelligence (2024)
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and Meridia Land B.V. (2023).
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This service helps other entities in the trade of physical commodities like cocoa and coffee by automating due diligence for the EU Deforestation Regulation (EUDR), leveraging geospatial mapping to verify deforestation-free and lawfully produced goods.
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Additionally, ICE has a Modern Slavery Act Statement and a Vendor Management Policy that includes due diligence and risk assessment processes to mitigate modern slavery risks, mandating compliance with anti-slavery legislation from all vendors.
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Honest & Fair Business
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Intercontinental Exchange (ICE) was fined $10 million by the SEC in May 2024 for failing to promptly inform the SEC of a cyber intrusion that occurred in April 2021, violating Regulation Systems Compliance and Integrity.
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ICE maintains a Protected Disclosure Hotline, provided by a third-party service (EthicsPoint), allowing for anonymous inquiries.
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Every inquiry is reported to the Audit Committee chair and management, fully investigated, and reported to the Audit Committee.
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The company commits to non-retaliation, and all employees and contractors globally are trained, tested, and attest to understanding relevant policies annually.
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However, the effectiveness of this program is not publicly measured. ICE has a Global Anti-Bribery Policy (June 1, 2022) and an Anti-Fraud Policy.
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These policies include due diligence requirements for third parties, such as screening against OFAC and checking references.
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Procedures are in place for reporting and approving gifts, meals, and entertainment, with stricter reporting for government officials.
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Kind to Animals
0
Intercontinental Exchange, Inc. (ICE) operates as a financial services company, providing exchanges, clearing houses, and data services. Its business model does not involve product manufacturing, animal testing, animal agriculture, or the sourcing of animal-derived ingredients. Consequently, KPIs related to cruelty-free certification, alternative testing methods, humane operations, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policies and volume, innovation investment in animal-free technologies, animal agriculture ethics, and animal-free R&D collaboration are not applicable to its operations. While ICE participated in a funding round for Space Intelligence, a company focused on nature mapping and forest restoration, there is no specific, measurable data provided regarding ICE's direct financial contribution to wildlife conservation initiatives or documented biodiversity impact metrics from its own operations.
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No War, No Weapons
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Intercontinental Exchange Inc.'s core business in financial markets does not involve the manufacturing of weapons or military contracting, and there is no substantial evidence of direct involvement in military operations.
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The company's Corporate ESG Indices exclude companies with significant or high involvement in controversial weapons based on Sustainalytics scores.
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Additionally, ICE's indices exclude debt issued by the Government of Venezuela and PDVSA on or after August 25, 2017, and debt issued by sanctioned Communist Chinese Military Companies on or after January 11, 2021.
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All debt denominated in Russian or Belarusian ruble, or issued by an entity with a Russian or Belarusian country of risk, also does not qualify for any index.
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Planet-Friendly Business
-30
ICE's total Scope 1, 2, and 3 market-based greenhouse gas emissions in 2024 were 229,284 tCO2e, marking a 12.25% decline from 2023.
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The company purchases Energy Attribute Certificates (EACs) for all electricity consumed in its offices and data centers that is not directly sourced from renewables.
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, with 212,420 MWhs of EACs purchased in 2024, including 202,437 Green-e certified RECs for all U.S. electricity.
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ICE reports through the Task Force on Climate-Related Financial Disclosures (TCFD) framework, integrating environmental risk into its 10-K Risk Disclosure.
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The company purchases registered and certified carbon credits to match all Scope 1 and steam-based Scope 2 emissions.
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, which totaled 6,749 tCO2e in 2024.
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While ICE had committed to a 50% Scope 1 and 2 reduction by 2032 aligned with SBTi 1.5-degree methodology, this target was not submitted for approval and was discontinued in 2023 following an acquisition.
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Respect for Cultures & Communities
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ICE's business model, focused on financial exchanges and data services, has limited direct cultural or community interaction.
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No cultural appropriation incidents or cultural site disruptions have been reported.
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The company does not have specific cultural impact assessment protocols, FPIC processes, or a social license to operate, as these are not applicable to its operations.
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While ICE provides a Protected Disclosure Hotline, accessible via EthicsPoint, it is a standard grievance mechanism, not specifically for community concerns.
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The company facilitates employee charitable contribution matching up to $5,000 annually
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and makes donations to community-centered causes,
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but these efforts do not have a specific cultural heritage focus. No specific cultural incident response framework is detailed, though breaches of compliance policies are investigated.
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Safe & Smart Tech
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Intercontinental Exchange (ICE) and nine affiliates were charged by the SEC on May 22, 2024, agreeing to pay a $10 million penalty for failing to timely inform the SEC of a cyber intrusion discovered in April 2021.
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This delayed disclosure contravened SEC mandates for immediate incident disclosure, although ICE maintained the intrusion was unsuccessful and did not impact operations.
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ICE maintains a comprehensive Cybersecurity Strategy, overseen by its Board of Directors and a dedicated Risk Committee, which includes threat assessment and control performance.
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The company collaborates with ethical hackers and public-sector agencies to strengthen cybersecurity.
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It also has a third-party risk management program to ensure vendor compliance and an Information Security program with continuous improvement.
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ICE has integrated its ServiceNow IT Service Management platform with UpGuard to automate change validation, improve vulnerability management, and scan its IT environment for security issues.
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Zero Waste & Sustainable Products
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No specific, quantifiable evidence was found in the provided articles for any of the Key Performance Indicators related to Zero Waste & Sustainable Products. The articles primarily discuss the company's greenhouse gas emissions, renewable energy purchases, and sustainable finance products and services
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, which do not directly address waste minimization, recycling rates, product recyclability, packaging sustainability, or other waste management metrics as defined by the rubric. While 'reduce waste' is mentioned in relation to data centers
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, no specific data points on waste diversion rates, reduction percentages, or the number and effectiveness of initiatives are provided.