NAB Asset Servicing has announced new reporting capabilities that will provide clients with access to environmental, social and governance (ESG) metrics.
The new capabilities will provide clients with information on their portfolios’ carbon emissions, board independence, board diversity and 'bribery events'.
Users will now also be able to “drill down through industries, market capitalisation and specific individual holdings”, NAB said.
These metrics can then be compared with other portfolios and benchmarks.
NAB Asset Servicing's general manager of products, Allyson Bradnum, said the developments offer “new ways in providing insight” into portfolios.
“Increasingly, this kind of reporting is more and more valuable to super funds and investment managers as the community becomes more interested in sustainability,” she said.
Ms Bradnum also noted that the metrics could be used to assist the implementation of complicated ESG policies, which can rely on revenue exposures or carbon intensity being monitored and reported.
“NAB takes ESG issues very seriously and we can now further support our clients with additional reporting on their investment portfolios,” Ms Bradnum said.
“We are excited to continue to work with our clients as ESG reporting requirements continue to evolve into the future.”
New data reveals Australian investment banking activities generated US$1.4 billion in the first nine months of the year, a decrease of 27.9 ...
Bloomberg has announced US equity benchmark capabilities that will form the basis of its new ESG index family of investment products. ...
AMP Capital chief economist Shane Oliver says this isn’t the first time US central bank has cut rates despite a growing economy. ...