AllianceBernstein: Strength in Numbers

Rhea-AI Summary

AllianceBernstein announced that Erin Bigley, the Chief Responsibility Officer, is recognized in the Dress for Success Worldwide campaign for promoting sustainable female leadership. Bigley emphasizes the importance of mentorship and advocacy in the workplace. Her role focuses on integrating environmental, social, and governance (ESG) factors into investment strategies. AllianceBernstein holds $646 billion in assets under management, with $445 billion ESG-integrated. Their mission is to help clients achieve investment goals while maintaining responsible practices. The firm has been a PRI signatory since 2011, reinforcing its commitment to responsible investing.

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• Erin Bigley's recognition in the Dress for Success campaign highlights the company's commitment to sustainable female leadership.
• $646 billion in assets under management demonstrates the firm's significant market presence.
• $445 billion of assets are ESG-integrated, showcasing a strong commitment to responsible investing.

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• None.

NORTHAMPTON, MA / ACCESSWIRE / March 8, 2023 / AllianceBernstein

As we kick off Womens History Month today, we are proud to announce AB's Chief Responsibility Officer Erin Bigley is being honored by Dress for Success Worldwide's "Your Hour, Her Power" 2023 campaign to celebrate the "Power of Sustainable Female Leadership."

Bigley explains, "I've been fortunate to have examples of sustainable female leadership throughout my life-from my grandmother to my mother to the four exceptional female managers I've been fortunate to work with during my career at AB. It is important for me to pay that forward and encourage others to do the same through mentorship, sponsorship and advocacy in the workplace. I believe there is strength in numbers, and women are stronger together," Bigley says.

In her position, she ensures that AllianceBernstein, an asset management firm, maintains responsible practices and strategies. This work involves integrating environmental, social, and governance considerations throughout the firm's research, engagement, and investment processes.

She is also the co-chair of AB's Women's Leadership Council, which seeks to cultivate an empowering environment for women to build and broaden leadership roles at AB. "It is our responsibility to find ways to lift other women up, take the time to encourage and mentor, and ultimately pave the path forward for future women in the workplace."

Read more about Erin in Oprah Daily: https://lnkd.in/gtH47Ssc #DressForSuccess

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 being a responsible firm allows us to be more responsible investors. 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 that go beyond the desire for financial returns. AB's mission is to help our clients define and achieve their investment goals, explicitly stating what we do each day to unlock opportunity for our clients. We became a signatory to the Principles for Responsible Investment (PRI) in 2011. This formalized our commitment to identify responsible ways to unlock opportunities for our clients through ESG integration in most of our actively managed equity and fixed-income client accounts, funds and strategies.

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 key elements in forming insights and in presenting potential risks and opportunities that can have an impact 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. Each value challenges us to become a more responsible version of AB.

• 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 December 31, 2022, AB had $646B in assets under management, $445B 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/742858/AllianceBernstein-Strength-in-Numbers

FAQ

Who is Erin Bigley and why was she honored by Dress for Success Worldwide?

Erin Bigley is the Chief Responsibility Officer of AllianceBernstein, recognized in the Dress for Success Worldwide campaign for her advocacy of sustainable female leadership.

What is AllianceBernstein's approach to responsible investing?

AllianceBernstein integrates environmental, social, and governance (ESG) factors into its investment strategies, with $445 billion of its $646 billion assets under management being ESG-integrated.

What are the total assets under management for AllianceBernstein as of December 31, 2022?

As of December 31, 2022, AllianceBernstein had $646 billion in assets under management.

What is the significance of AllianceBernstein being a signatory to the Principles for Responsible Investment?

Being a signatory since 2011 formalizes AllianceBernstein's commitment to responsible investing and ESG integration in their strategies.