ICE & risQ: Introduce Social Impact Scores
- ICE a leading global provider of data, technology, and market infrastructure, and risQ, a Boston-based startup focused on geospatial climate
- Announced the launch of a new data that designed to allow users to understand and score the potential social impact
- With the broader adoption of ESG and sustainable investing by more companies and investors
- This is particularly the case in the municipal bond market, where proceeds are used to build public works, parks, schools
- When assessing similar bonds issued by different local governments, considering how these funds could impact the population
- These new social impact scores provide a deeper level of socioeconomic and demographic data on the municipal bond market
