The ICE Carbon Reference Entity Data Service (ICE CRED) is a reference data service developed by ICE Benchmark Administration® Limited (IBA) to support the carbon credit markets. It provides standardized, aggregated, and validated data to facilitate the management of carbon credits throughout their trading lifecycle. ICE CRED not only offers registry data but also supplements it with additional fields, including calculated fields and information on the deliverability of credits under ICE Futures contracts. This comprehensive data service aims to reduce operational risk and cost, promoting greater scalability in carbon credit trading operations. ICE CRED assigns a unique ICE Carbon Reference Identifier (ICE CREF) to each project and vintage, providing a universal reference code for carbon credits. The service is designed to support the International Swaps and Derivatives Association’s (ISDA) Verified Carbon Credit Transactions Definitions and aligns with the actions set out by the International Organization for Securities Commissions (IOSCO) to enhance sustainability disclosure standards and promote well-functioning carbon markets.
ICE Benchmark Administration (IBA) provides transparent, fair and sustainable access to its benchmarks and other information and data for all users. IBA licenses the use or redistribution of the benchmarks and other information and data on a commercial and reasonable basis, to help set standards of fairness and transparency in benchmark and other information and data distribution and licensing. ICE CRED Data is made available from its publication time.
Specifications
Key Features
- Standardized Reference Data: Provides normalized, standardized, and aggregated data from global carbon credit registries, enhancing data consistency and reliability.
- Unique Identifier Assignment: Allocates a unique ICE Carbon Reference Identifier (ICE CREF) to each project and vintage, facilitating efficient tracking and management of carbon credits.
- Enhanced Data Fields: Includes additional calculated fields and information on ICE Futures contract deliverability, supporting comprehensive analysis and decision-making.
Products
The evolution of our file-based offering. Bringing together, in a unified solution Corporate Actions, Reference Data, Analytics and our wealth of pricing datasets including ICE Evaluations, CEP, Fair Value Information Services & Listed Market Pricing.
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