NAB Asset Servicing launches carbon tool

By Reporter
 — 1 minute read

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.”

Read more:

Renzi resignation to 'constrain' markets

New private label deal for Netwealth

Global regulators to adopt AI functionality

Australian GDP growth slumps to 1.8%

AMP Capital real estate funds raise over $1bn

The ifa Excellence Awards are back in 2021 and nominations are now open!

This prestigious accolade recognises exceptional professionals within the financial advice industry, shining a light on the outstanding achievements from the nation's best and brightest. If this sounds like you or someone you know, then nominate today for the ifa Excellence Awards 2021! ifa.com.au/excellence-awards


NAB Asset Servicing launches carbon tool
investordaily image
ID logo


related articles

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.