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Scurlock, G.
Platform leverages building footprint data for more than 1.6 billion buildings worldwide to deliver risk scores and transition climate risk metrics.
Fathom scientific flood data has been integrated into the ICE Global Climate Risk Solution to offer users a detailed, building-level view of flood risk.
Launched earlier this month, the ICE Global Climate Risk Solution enables clients to assess climate-related risks across a broad range of asset classes by combining physical risk data, including exposure to eight key hazards such as wildfires, floods and hurricanes, with emissions and climate targets data. The solution covers more than 3 million corporate asset locations, with plans to expand to 9 million.
By integrating Fathom’s data with other flood-focused metrics, the ICE solution provides building-level flood risk insight. It leverages building footprint data for over 1.6 billion buildings worldwide to deliver scenario-aligned, forward-looking risk scores and physical and transition climate risk metrics. It’s particularly useful for investors and asset managers who previously had to rely on data from wider map areas. They are now able to quantify risk at a detailed local level to help make more informed investment decisions.
As part of this integration, Fathom’s independently validated flood maps, which incorporate the most accurate global terrain data available to simulate the flow of water, along with climate-conditioned hazard data and additional metadata, are now key inputs in the ICE Global Climate Risk Solution.
Karena Vaughan, Chief Sales Officer, ESG and Climate Risk at Fathom, said:
“This agreement exemplifies what sets Fathom apart – science-driven, independently validated flood data now enabling granular risk assessment across ICE’s Climate Risk database. A game-changer for risk quantification and climate-aligned investing.”
Learn more about how Fathom’s data support leaders in financial markets
Evan Kodra, Head of Research at ICE Climate, added:
“Incorporating Fathom’s data into ICE’s Climate Risk database and analytics gives market participants an additional insight to better measure and manage flood risk at different locations and for global corporate and sovereign fixed income securities.”
The ICE Global Climate Risk Solution is a service offered by Intercontinental Exchange (NYSE: ICE), a leading provider of technology and data. For more information, head to the ICE website.
For media enquiries contact [email protected].
www.fathom.global
Founded in 2013, Fathom gives risk management professionals the most scientifically robust tools and intelligence to understand the climate’s impact on water risk. By publishing cutting-edge peer-reviewed academic research and applying it to real-world challenges, Fathom powers better decision-making for (re)insurance, civil engineering, corporate risk, financial markets, disaster response and government. Fathom’s dedicated team of scientists harness their passion for innovation and the environment to develop rigorous catastrophe models and comprehensive mapping and geospatial data that make a real-world difference to customers and communities worldwide.
Fathom is now (as of December 2023) part of Swiss Re, one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient.
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines and automates industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block de-sign, NYSE and New York Stock Exchange. Information regarding additional trademarks and in-tellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insur-ance-based Investment Products Regulation can be accessed on the relevant exchange web-site under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncer-tainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not lim-ited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on February 6, 2025.
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