State Street Corporation has launched the Carbon Asset Servicing Solution, which will allow asset managers, asset owners, and other financial services institutions around the world to integrate carbon-related assets into their portfolios as the demand for the asset class continues to grow.

Additionally, clients accessing the solution can incorporate carbon assets into existing ESG and non-ESG portfolios, leveraging State Street’s back and middle-office capabilities.

It also provides:

• a range of fund administration and depositary services, including recordkeeping, NAV calculation, reporting and other oversight functions; and
• integration of carbon assets into State Street’s core investment servicing offering.

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