Climate Change is an Investment Risk that Also Creates Opportunities

At AB, we’re fully invested in accelerating the transition to a low-carbon economy, and ensuring our clients thrive in the process

CLIMATE STATEMENT & TCFD REPORT

Our Climate Approach

We recognise our responsibility in limiting global warming and accelerating the economic transition to a lower-carbon world through our investment and stewardship activities.

Our Climate Beliefs
Our Climate Goals

Climate Change Generates Risk and Opportunities That The Market Misprices

Understanding Physical and Transition Risks and Opportunities Will Give AB an Investment Edge

We Assess, Engage and Integrate All Material Issues Related to Climate Change

Our Environmental Footprint is Just as Important as Our Investment Impact

Reduce Our Contribution to Global GHG Emissions

Contribute to the Growing Research Pool

Add to the growing pool of research and insight on the investment impacts and opportunities of climate change.

Provide Investment Solutions for Climate Opportunities

Address climate change risks in our investment strategies.

CLIMATE SOLUTIONS

Help Clients Manage and Reduce Their Climate Risks

Report Transparently

Disclose the metrics and targets of our funds and business.

Advocate for Policy Change

Advocate for policy change to lower global emissions and drive investment in climate solutions.

Our Climate Strategy

To take action on our climate beliefs and achieve our climate goals, we have developed a four-pillar climate strategy.

Pillar 1: Partnership

Our partnership with the Columbia Climate School, including our founding of the Corporate Affiliate Program at the Climate School, is bringing together investors and academics to better understand climate risks and develop solutions to support the low-carbon transition.

LEARN ABOUT OUR PARTNERS

Pillar 2: Integration

Every company in every industry should be preparing for climate change. That’s why our research analysts across sectors are integrating climate-related issues into their fundamental analysis of companies, including climate strategy and management, the political/regulatory backdrop, potential environmental liabilities, greenhouse gas (GHG) emissions, low carbon technologies and climate opportunities.

Investment modeling—is being developed to incorporate climate scenario analysis and carbon data
Research and valuation—is including climate change considerations, which influence investment recommendations
Security selection and portfolio construction—increasingly reflects an integrated view of climate change-related risks and opportunities

Pillar 3: Stewardship

ESG engagement campaigns aim to encourage issuers to disclose a climate strategy and set decarbonization targets.

Collaborative engagement with investors through CA100+, CPD and Ceres.*
Escalation, for example by taking action against laggards through private letters to boards or management teams, voting against relevant board members, voting supporting or filing appropriate shareholder proposals and in some cases reducing our position or selling securities
Advocating for change includes efforts to promote appropriate government policy and market regulation to improve disclosure and accelerate transition activities.
Working with syndicates to support the growth of ESG debt markets.

Pillar 4: Portfolios with Purpose

These portfolios are designed to pursue financial goals while also achieving specific ESG and climate-related objectives.

Sustainable portfolios focus on issuers that meet present needs without compromising the well-being of future generations, via alignment with the UN Sustainable Development Goals (SDGs) in health, climate and empowerment.
Impact solutions aim to produce measurable social or environmental impacts with their investments.
Responsible+ investment solutions focus on responsibility and climate conscious and ESG themes, such as carbon neutrality, and adopt a range of approaches—including negative and positive screens, carbon emissions and pricing filters.

LEARN ABOUT OUR FULL RANGE

*CA100+ - is an investor initiative targeting engagement with the world’s largest corporate greenhouse gas emitters. CPD - Continuing Professional Development is the term used to describe the learning activities professionals engage in to develop and enhance their abilities. Ceres - non-profit organization, working with capital market leaders to solve sustainability challenges through networks and global collaborations of investors, companies and nonprofits.

The value of an investment can go down as well as up and investors may not get back the full amount they invested. Capital is at risk.

AB Climate Change Statement and TCFD Report

AB Supports the Paris Agreement and is committed to playing its role in reducing GHG emissions in order to keep global temperature in line with a 1.5⁰C increase by 2100. Our Climate Change represents AB’s climate policy and annual climate report, complying with the reporting recommendations of the TCFD for asset managers.

Learn more

CONTINUE TO CLIMATE ACADEMY

This information is provided by AllianceBernstein Limited, 60 London Wall, London, EC2M 5SJ. Registered in England, No. 2551144. AllianceBernstein Limited is authorised and regulated in the UK by the Financial Conduct Authority (FCA - Reference Number 147956). It is provided for informational purposes only and does not constitute investment advice or an invitation to purchase any security or other investment. The views and opinions expressed are based on our internal forecasts and should not be relied upon as an indication of future market performance. The value of investments in any of the Funds can go down as well as up and investors may not get back the full amount invested. Past performance does not guarantee future results. This information is directed at Professional Clients only and is not intended for public use.