Render environments vs. transparent backgrounds

So I’m experiencing an interesting issue. I’m doing some product renders, and I’m using HDR environment maps on my files. They look great when I use Render mode in the viewport, and when I do a full render.

However, for these renders to be used in marketing materials and on the web, I want to be able to export them with transparent backgrounds.

It seems that if I enable the “Transparent background” option, I lose the environment reflections on the model itself. Is it not possible to have the reflections present, but the background transparent?

Seems it’s still not implemented…
https://mcneel.myjetbrains.com/youtrack/issue/RH-36746

I guess render one with HDRI then using one with transparency as a mask to delete background from the first…