AB and the Environment
Fitwel is a commercial building rating system that provides guidelines on how to design and operate healthier buildings.
BREEAM's third-party certified standards have helped improve asset performance at every stage, from design through construction to use and refurbishment.
To achieve LEED certification, a project earns points by adhering to prerequisites and earning credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. for its sustainable and efficient design.
The building also holds an Indian Green Building Council (IGBC) Platinum certification. The IGBC is the leading green building certification authority in India and assesses buildings based on the following pillars: sustainable architecture and design, water conservation, energy efficiency, building materials and resources, indoor environmental quality, and innovation and development.
Greening AB’s Workspaces
In 2024, we relocated our New York office and completed a multi-year journey to enhance our workspaces and locate 85% of employees in green buildings. This move helped us exceed our goal, ultimately locating 90% of our people in green buildings.
Our New York office is located in the Spiral, a LEED Gold-certified building known for its green terraces that spiral upward around the building. The building’s design offers ample natural light and outdoor access, while AB’s offices are 3-Star Fitwel certified.
Other offices located in green buildings include our Nashville headquarters (LEED Silver), our London offices (BREEAM Outstanding) and our Pune building (Indian Green Building Council Platinum).
Office Waste
We seek to minimize our office waste through both waste separation at our offices and conscious decommissioning of our offices.
Composting and recycling are available at our Nashville, New York and London offices. Trash separation is available elsewhere.
Energy Use
We recognize that renewable energy is a key element of reducing emissions and delivering on our commitment to operational net zero Scope 1 and 2 emissions by 2050. We consider credible renewable energy procurement to be a multiyear process.
AB's Nashville and London offices leverage renewable energy. In Nashville, AB participates in the Tennessee Valley Authority's Green Flex program via Green-e Energy-certified renewable energy certificates. In London, our landlord procures renewable energy for the building certified by the UK's Carbon Trust.
Employee Engagement
Our Sustainability Councils invite employees to use resources efficiently and practice sustainability at work and home. They host events, such as tree planting, sampling local or sustainable foods. These activities complement other activities at the firm, such as healthy snacks and fair-trade coffees in our pantries.
Reporting on our Greenhouse Gas Emissions
Our Climate Change Statement
Through strategic partnerships, stewardship practices and research, we can address the material investment risks and opportunities stemming from climate change. We report annually on our strategy and the climate-related activities that we’ve undertaken for our investments and operations in alignment with the TCFD recommendations.