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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 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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