Weighted-average carbon intensity and attributed emissions of sovereign debt most likely measure ESG exposures at...

CFA materials describeweighted-average carbon intensity and attributed emissionsasportfolio-level ESG measures. Theyaggregatecountry-level carbon intensities of sovereign issuersweighted by portfolio exposures. While the data reflects country-level emissions, the metric itself is reported at theportfolio levelto provide an integrated ESG exposure picture.