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AB Shortlisted in Nine Categories at the Investment Week Sustainable Investment Awards 2024
AB Shortlisted in Nine Categories at the Investment Week Sustainable Investment Awards 2024
Published 08-08-24
Submitted by AllianceBernstein
AllianceBernstein (AB) is honored to have been shortlisted in nine categories at the Investment Week Sustainable Investment Awards 2024. From being shortlisted for Best Sustainable Investment Thought Leadership Paper to Group of the Year for ESG Integration and to a variety of Best Sustainable Fund categories, the industry is recognizing our efforts to integrate material ESG factors into research and investments. These awards honor fund & service providers, research teams, and individuals who play a key part in the field of sustainable investing. To learn more about the Investment Week Sustainable Investment Awards, visit: https://event.investmentweek.co.uk/sustainableinvestmentawards2024/en/page/methodology.
The full list of shortlisted submission can be found on Investment Week’s website.
The publication, Bridging ESG Silos: The Intersection of Climate Change and Modern Slavery, that was produced by AB and Walk Free—an international human rights organization—was shortlisted for the Best Sustainable Investment Thought Leadership Paper. This paper helps investors to understand the links between material risks related to climate change and modern slavery. It also helps investors address such risks through providing two new tools to manage and disclose climate-related modern slavery risks: a climate-reporting supplement and investor stewardship guidance.
AB’s Environmental Research and Engagement Team was shortlisted for Best Sustainable Investment Research Team. The team collaborates with AB’s investment teams across our assets globally to support the integration of material environmental issues into their decision-making through education, research, engagement external partnerships, and the development of tools and resources. It seeks to develop and share the firm’s knowledge capital on issues such as the energy transition, coal and principles for responsible asset transfer to coalesce with peers, clients, regulators and other stakeholders on best practices within the financial markets. In 2023, biodiversity emerged as a key strategic focus as an increasingly material risk and opportunity in several key industries and asset classes that is highly interrelated with climate change. Some of the team’s thought leadership can be found here.
AB is the founding member of the Columbia Climate School’s Corporate Affiliate Program. Our Climate Change and Investment Academy, developed in partnership with Columbia Climate School, was shortlisted for the Best Sustainable Investment Education Initiative. More details on the partnership can be found here.
AB’s Fixed Income Responsible Investing Team was shortlisted for Group of the Year for ESG Integration. The team’s work in enhancing AB’s proprietary credit-rating and risk-scoring platform—PRISM—is particularly notable. With this latest iteration, the team worked to improve scoring consistency and free up analysts’ time for activities such as engagements. One of the major developments of PRISM 3.0 is the ability to link the financially material E, S and G factors to specific ESG data metrics, which then can be leveraged to populate “objective” base scores across industries.
Lastly, several of our Portfolios with Purpose—AB’s platform of ESG-focused strategies—were shortlisted for product-based categories, including: Best Sustainable Global Equity Fund, Best Sustainable Specialist Fund, Best Sustainable Multi-Asset Fund, Best Sustainable Bond Fund, and Best Newcomer Sustainable Bond Fund.
Learn more about AB’s approach to responsibility here.
AllianceBernstein
AllianceBernstein
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.
- Invest in One Another means that we have a strong organizational culture where diversity is celebrated and mentorship is critical to our success. When we invest in one another, we empower our employees to reach their potential, so that they can help our clients realize theirs. This enables us to partner with clients to design and deliver improved investment outcomes.
- Strive for Distinctive Knowledge means that we collaboratively identify creative solutions to clients’ economic, ESG and climate- related investment challenges through our expertise in a wide range of investment disciplines, close collaboration among our investment experts and creative solutions.
- Speak with Courage and Conviction informs how we engage our AB colleagues and issuers. We seek to learn from other parts of our business to strengthen our own views. And we engage issuers for insight and action by sharing ideas and best practices.
- Act with Integrity—Always is the bedrock of our relationships and has specific meaning for our business. Unlike many other asset managers, we’re singularly focused on providing asset management and research to our clients. We don’t engage in activities that could be distracting, or create conflicts—such as investment banking, insurance writing, commercial banking or proprietary trading for our own account. We are unconflicted and fully accountable.
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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