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AB and Columbia Climate School Kicked Off Its Climate Change Curriculum 2.0

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AllianceBernstein (AB) has launched its Climate Change Curriculum 2.0 in collaboration with Columbia Climate School. This program aims to train AB's investment professionals in understanding and addressing climate change issues, potentially impacting investment strategies and decision-making.
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NORTHAMPTON, MA / ACCESSWIRE / November 30, 2023 / AllianceBernstein - Last week, AB and Columbia Climate School kicked off the first module of its Climate Change Curriculum 2.0, a training program for AB's investment professionals to learn about the physical changes observed in the global climate from the scientific and academic community, and how these are shaping research and forecasts for the global weather phenomena and hydrological cycles that underpin economics, businesses and society. The training took place in our New York office as well as virtually.

About 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.

Learn more about AB's approach to responsibility here.

View additional multimedia and more ESG storytelling from AllianceBernstein on 3blmedia.com.

Contact Info:
Spokesperson: AllianceBernstein
Website: https://www.3blmedia.com/profiles/alliancebernstein
Email: info@3blmedia.com

SOURCE: AllianceBernstein



View source version on accesswire.com:
https://www.accesswire.com/811742/ab-and-columbia-climate-school-kicked-off-its-climate-change-curriculum-20

FAQ

What is the latest initiative launched by AllianceBernstein (AB) in collaboration with Columbia Climate School?

AB has launched its Climate Change Curriculum 2.0 in collaboration with Columbia Climate School.

What is the purpose of the Climate Change Curriculum 2.0?

The program aims to train AB's investment professionals in understanding and addressing climate change issues.

How does the training program potentially impact AB's investment strategies and decision-making?

The training program may impact investment strategies and decision-making by addressing climate change issues.

What is the significance of the partnership between AB and Columbia Climate School?

The partnership aims to address climate change issues and educate investment professionals.

How does the Climate Change Curriculum 2.0 benefit AllianceBernstein (AB)?

The program benefits AB by providing training for its investment professionals to address climate change issues.

How does the collaboration between AB and Columbia Climate School contribute to addressing environmental concerns?

The collaboration aims to contribute to addressing environmental concerns by educating investment professionals on climate change issues.

AllianceBernstein Holding, L.P.

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