Submitted by AllianceBernstein
Ahead of Earth Day 2023, AllianceBernstein’s (AB) Chief Responsibility Officer, Erin Bigley and Director of Environmental Research & Engagement, Sara Rosner highlight our continued collaboration with the Columbia Climate School and AB's recent announcement unveiling the Natural Hazards Index Tool in partnership with the National Center of Disaster Preparedness. This tool features an interactive, publicly available dashboard examining climate risk. It helps our investors better understand natural hazards (i.e. physical climate risk) by mapping out risk data based on 14 layers of risk types, like hurricanes, floods and extreme heat, for example.
We’ve been partnering with Columbia for almost four years. In September 2019, we launched the Climate Risk and Investment Research curriculum for Investment teams. This series of climate change training modules—which focuses on enhancing investors’ ability to integrate climate change considerations into their decision-making and investment processes—has been delivered to more than 1000 clients and prospects globally. We are now working on the second iteration of the Climate Academy, which dives into some of the current climate challenges, like global food security, carbon offsets and emerging economies.
At AB, we believe that climate change can present material investment risks and opportunities. We incorporate material ESG risks and opportunities into our investment process for most of our actively managed strategies, with the ultimate goal of improving client outcomes.
AllianceBernstein (AB) is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals, and private wealth clients in major world markets. We believe corporate responsibility, responsible investing and stewardship are intertwined. To be effective stewards of our clients’ assets, we strive to invest responsibly—assessing, engaging on and integrating material issues, including environmental, social and governance (ESG), and climate change considerations in most of our actively managed strategies. We also believe that strive to hold ourselves as a firm to similar practices that we ask of issues. Our stewardship practices, investment strategy and decision-making are guided by our purpose, mission and values.
Our purpose—pursue insight that unlocks opportunity—inspires our firm to act responsibly. While opportunity means something different to each of our stakeholders; it always means considering the unique goals of each stakeholder. AB’s mission is to help our clients define and achieve their investment goals, explicitly stating what we do to unlock opportunity for our clients. We became a signatory to the Principles for Responsible Investment (PRI) in 2011. This began our journey to formalize our commitment to identify responsible ways to unlock opportunities for our clients through integrating material ESG factors throughout most of our actively managed equity and fixed-income client accounts, funds and strategies. AB also engages issuers where it believes the engagement is in the best financial interest of its clients.
Because we are an active manager, our differentiated insights drive our ability to deliver alpha and design innovative investment solutions. ESG and climate issues are important elements in forming insights and in presenting potential risks and opportunities that can have an effect on the performance of the companies and issuers that we invest in and the portfolios that we build.
Our values provide a framework for the behaviors and actions that deliver on our purpose and mission. Values align our actions. Each value emerges from the firm’s collective character—yet is also aspirational.
As of September 30, 2023, AB had $669B in assets under management, $458B of which were ESG-integrated. Additional information about AB may be found on our website, www.alliancebernstein.com.
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