Environmentals
Connect to a global environmental portfolio to price climate risk
Sustainable markets to price climate risk. Where there is risk, there is opportunity. Climate risk mitigation is influencing the energy landscape and requires a price signal for the conservation and cultivation of nature. The energy transition is a long-term phenomenon, underpinned by a market-based economy that can deliver cost-effective, scalable solutions. Creating an asset class to properly value natural capital will also be key for a sustainable future.
ICE has been a leader in environmental markets for nearly two decades. Today, our environmental markets span Europe and North America — the world’s most liquid environmental markets.
Our range of products are integral to valuing externalities and balancing the world’s finite carbon budget to meet a 1.5°C pathway to limit climate change. This is the era of carbonomics.
Who uses environmental markets?
Corporates subject to carbon cap and trade programs and renewable fuel standards use our markets to meet obligations and manage their risk in a cost-effective way. Market participants can deliver carbon allowances, carbon credits and renewable energy certificates into a range of registries in Europe and North America.
Access ICE Environmental Markets & Indices
Negative Externalities
Positive Externalities
U.K. Emissions Trading Scheme
The U.K. Emissions Trading Scheme (U.K. ETS) replaces the country’s participation in the E.U. ETS and supports the aim of its carbon pricing policy. Our actions and futures support the continuity of emissions trading for businesses in the U.K.
Monthly & Daily Futures
Auctions
Natural Asset Companies (NACs)
To address the large and complex challenges of climate change and the transition to a more sustainable economy, NYSE and Intrinsic Exchange Group (IEG) are pioneering a new asset class based on nature and the benefits that nature provides (termed ecosystem services). NACs will capture the intrinsic and productive value of nature and provide a store of value based on the vital assets that underpin our entire economy and make life on earth possible.
ICE Carbon Futures Index Family
The ICE Carbon Futures Index Family is made up of pricing of the four most actively traded carbon markets in the world: the European Union Emissions Trading Scheme (EU ETS), the Western Climate Initiative (California Cap and Trade Program), the Regional Greenhouse Gas Initiative (RGGI), and the UK Emissions Trading Scheme (UK ETS).
Global Carbon Index Future
Based on the ICE Global Carbon Index, the futures contract provides exposure to the four largest cap and trade markets in the world in one financially settled instrument. This product offers access to the price of the negative externality of pollution allowing a wide group of stakeholders to manage the price risk associated with their net zero commitments and corresponding carbon liabilities.
Energy Transition
Assess sustainability risks and opportunities with data from the leading provider of environmental markets with access to global & voluntary carbon data, ICE’s sustainable finance data & indices, global renewables and fuels data, and more.
Related Insights
ICE's Gordon Bennett on COP26 and carbonomics
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The move to net zero: navigating the transition
The move to a net zero economy has far reaching implications for companies, investment and the planet. Hear from ICE alongside industry experts in an interactive series of sessions focusing on big questions around the move to net zero.
Gordon Bennett on market-based ESG initiatives
Gordon Bennett sits down with John Lothian News to talk about ESG initiatives, including pricing the cost of carbon and “carbonomics” -- the science of identifying specific opportunities to reduce or eliminate greenhouse gases.
Global environmental markets monthly report
Market highlights, volume, open interest and key dates.
The role of markets in the energy transition
Gordon Bennett, Managing Director ICE Utility Markets, examines the impact of the energy transition on various energy uses through the lens of a market operator and data provider.