AB Received High Designation on Responsible Investment Brand Index
AllianceBernstein (AB) has been ranked as the third-best company headquartered in the US by the Hirschel and Kramer Responsible Investment Brand Index (RIBI) 2024. The index evaluates over 600 asset managers globally on their commitment to sustainable development. AB's strategy integrates environmental, social, and governance (ESG) factors into its investment processes. As of September 30, 2023, AB managed $669 billion in assets, with $458 billion ESG-integrated. AB's values emphasize corporate responsibility, stewardship, and integrity, aiming to empower clients and employees while delivering innovative investment solutions.
- AB ranked third-best company in the US by RIBI 2024.
- AB integrates ESG factors in $458B out of $669B in assets.
- AB is a signatory to the Principles for Responsible Investment since 2011.
- Focused on providing asset management and research, avoiding potential conflicts of interest.
- Strong organizational culture promoting diversity and mentorship.
- Press release lacks detailed financial performance metrics.
- No specific mention of recent revenue growth or profitability figures.
- Potential overemphasis on ESG factors might not appeal to all investors.
- No new product or service announcements.
- Absence of forward-looking financial guidance.
AllianceBernstein is honored to have received the designation of Third Best Company Headquartered in the US by the Hirschel and Kramer Responsible Investment Brand Index 2024. The RIBI 2024 evaluates over 600 asset managers globally on their commitment to sustainable development into their brands. To read more about the RIBI 2024, visit: https://www.ri-brandindex.org/
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
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 the original press release on accesswire.com
FAQ
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