A new product launched by NAB Asset Servicing, in partnership with Sustainalytics, will give its clients the ability to assess the carbon intensity of their investments.
The Carbon Report will offer information on carbon intensity “at either a fund or an individual portfolio level”, and NAB Asset Servicing executive general manager John Comito said it would support “identification of significant carbon contributors”.
“The newly launched product assists clients with post trade analysis and monitoring of investment carbon intensity across portfolios and investment managers,” he said.
“It supports the reporting of a fund’s carbon footprint and provides clients additional opportunities to further disclose fund carbon exposures.”
The Carbon Report has been introduced as carbon risk awareness has increasingly been seen as a priority for clients, the firm said.
"With a greater number of companies now disclosing carbon emissions data, NAB Asset Servicing sees this as an important step in helping clients with carbon monitoring and is an important extension to our existing environmental, social and governance reporting,” Mr Comito said.
“With investors and members also becoming more active in seeking additional information, the carbon report supports clients with the implementation of carbon disclosure/monitoring strategies.”
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