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AB Partners With Alvéole To Install Urban Bee Hive

AB Partners With Alvéole To Install Urban Bee Hive

Published 11-03-23

Submitted by AllianceBernstein

In May 2023, Fifth + Broadway and AllianceBernstein (AB), a leading global investment management and research firm, announced the installation of a honeybee hive on the green deck of the 501 Commerce building in partnership with Alvéole. The installation of the urban honeybee hive occurred earlier this month, leading up to National Bee Day on May 20. This hive demonstrates the joint sustainability efforts of both Fifth + Broadway and AllianceBernstein.

 Alvéole, a social beekeeping company that establishes hives on city rooftops, recently led the installation of the urban honeybee hive at the Nashville development. Sponsored by AllianceBernstein, this honeybee habitat provides a hive and home for the country’s declining bee population within the downtown Nashville corridor.

“We are excited to announce this beehive partnership with Fifth + Broadway,” said AllianceBernstein’s Director of Corporate Responsibility Caroline Everett. “This on-site AB beehive extends our commitment to sustainability beyond our four walls to the downtown Nashville community.”

 Along with the installation of the beehive, Alvéole has also launched an online social presence for “all things bees” at Fifth + Broadway. The website MyHive showcases every hive that Alvéole establishes around the world. Each beehive location has its own page with information, including the numbers of hives and bees, and how many miles the bees travel in a day. The site also alerts followers when the beekeeper will be on site so that people can watch them work with the hives in real time. This platform allows the building’s tenants to regularly follow the hive, while maintaining a continued interest in the hive activity, pollination and harvesting the honey.

According to Senior General Manager for Fifth + Broadway Monika Hartman, “We are thrilled to partner with Alveole to combine environmental initiatives and tenant amenities. We can’t wait to follow the journey of our 5+B AB bees and share the products of their labor with the tenants at 501 Commerce.”

To keep up with all of the latest news about Fifth + Broadway, visit FifthandB.com.

AB hosted “It’s Sweet to Work at ABee,” a conversation featuring Alvéole beekeeper Eddie Roe at its Nashville headquarters, which highlighted AB’s sponsorship of Nashville’s newest urban corporate beehive. AB Employees learned about the beekeeping process, the impact of bees on our ecosystem, and learned about AB’s sustainability journey. Members of Nashville’s Sustainable Employee Wellness Group were invited to an exclusive “meet your bees” session outside with the beekeeper.

Learn more about AB’s approach to responsibility here.

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AllianceBernstein

AllianceBernstein

AllianceBernstein (AB) is a leading global investment management firm that offers diversified investment services to institutional investors, individuals, and private wealth clients in major world markets.

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) considerations into most of our actively managed strategies (approximately 79% of AB’s actively managed assets under management as of December 31, 2024).

Our purpose—to pursue insight that unlocks opportunity—describes the ethos of our firm. Because we are an active investment manager, differentiated insights drive our ability to design innovative investment solutions and help our clients achieve their investment goals. We became a signatory to the Principles for Responsible Investment (PRI) in 2011. This began our journey to formalize our approach to identifying 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. Material ESG factors are important elements in forming insights and in presenting potential risks and opportunities that can affect the performance of the companies and issuers that we invest in and the portfolios that we build. AB also engages issuers when it believes the engagement is in the best financial interest of its clients.

Our values illustrate the behaviors and actions that create our strong culture and enable us to meet our clients' needs. Each value inspires us to be better: 

  • Invest in One Another: At AB, there’s no “one size fits all” and no mold to break. We celebrate idiosyncrasy and make sure everyone’s voice is heard. We seek and include talented people with diverse skills, abilities and backgrounds, who expand our thinking. A mosaic of perspectives makes us stronger, helping us to nurture enduring relationships and build actionable solutions.
  • Strive for Distinctive Knowledge: Intellectual curiosity is in our DNA. We embrace challenging problems and ask tough questions. We don’t settle for easy answers when we seek to understand the world around us—and that’s what makes us better investors and partners to our colleagues and clients. We are independent thinkers who go where the research and data take us. And knowing more isn’t the end of the journey, it’s the start of a deeper conversation.
  • Speak with Courage and Conviction: Collegial debate yields conviction, so we challenge one another to think differently. Working together enables us to see all sides of an issue. We stand firmly behind our ideas, and we recognize that the world is dynamic. To keep pace with an ever changing world and industry, we constantly reassess our views and share them with intellectual honesty. Above all, we strive to seek and speak truth to our colleagues, clients and others as a trusted voice of reason.
  • Act with Integrity—Always: Although our firm is comprised of multiple businesses, disciplines and individuals, we’re united by our commitment to be strong stewards for our people and our clients. Our fiduciary duty and an ethical mind-set are fundamental to the decisions we make. 

As of December 31, 2024, AB had $792B in assets under management, $555B of which were ESG-integrated. Additional information about AB may be found on our website, www.alliancebernstein.com.

Learn more about AB’s approach to responsibility here.

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