NAB Asset Servicing has brought a new product to market which it says is designed to help clients with carbon monitoring as part of environmental, social, and governance (ESG) investment.
The company announced this week that the Carbon Report product, was the result of a strengthened partnership with Sustainalytics.
It said the product offered clients a sophisticated insight into the carbon intensity of their investments and could be used to monitor CO2 intensity at either a fund or an individual portfolio level, including both sector and stock selection carbon intensity attribution.
Commenting on the launch of the product, NAB Asset servicing executive general manager, John Comito said that, via the service, asset owners could access company level carbon metrics supporting easy identification of significant carbon contributors within individual portfolios.
"Furthermore, the Carbon Report can be enhanced with Asset Servicing's investment trust look-through capabilities," he said.
"The newly launched product assists clients with post trade analysis and monitoring of investment carbon intensity across portfolios and investment managers. It supports the reporting of a fund's carbon footprint (eg. Montreal pledge) and provides clients additional opportunities to further disclose fund carbon exposures," Comito said.
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