Corporate Responsibility and Governance

Our Vision of Corporate Responsibility*

At AB, we view responsibility as an active pursuit that unites our firm—from the way we work and act to our community service and the investment solutions we deliver to our clients. Whether you’re a global institution, fund selector or wealth manager, we’re committed to being your most valued partner.

AB has a strong commitment to being a responsible firm.

ESG integration and engagement are fundamental to our responsible investment and research processes.

Leveraging our perspective as a responsible firm and investor, we've designed Portfolios with Purpose to achieve financial objectives with a dedicated ESG focus.

* We integrate material ESG factors into most of AB’s actively managed strategies

Serving Our Communities

In many ways, 2020 demonstrated just how expansive the concept of community is. From the COVID-19 pandemic to natural disasters and race and gender inequities, the call for service is stronger than ever. In 2019, we launched AB Gives Back, a holistic platform for all volunteerism, gift-matching and grant-giving activities. We want AB employees to have more time for community and charitable outreach. That’s why we organize coordinated service opportunities and offer paid time off allowances through our Day of Service program.

Over $5M
Total charitable in 2022
Over 14,000
Charitable organizations in 2021
198
Days of service in 2019-2021
11,000
Total volunteer service hours in 2019-2021

AB as of 31 December 2022

Engaging Our Employees

To help our workforce thrive, we need to do more than develop talent and careers. By encouraging employees to celebrate their commonalities and shared interests, we’re creating a diverse, inclusive and connected firm.

Putting Employee Wellness First

Staff wellness is always top of mind at AB. We’ve assembled a comprehensive program focused on the whole person: offering competitive benefits, learning and career development and promoting financial, physical and mental wellness. Our goal is to make AB a better and more fulfilling place to work—and a firm that better reflects the society we live in.

We’ve put the health and safety of our employees and their loved ones first, enhancing our wellness programs to include a robust catalog of offerings and tools such as physician podcasts, mindfulness and meditation apps, parenting resources, and virtual therapy programs, while emphasizing transparency in senior leadership decision-making.

Diverse, Independent Corporate Leadership

AB’s Executive Officers and Board of Directors oversee the firm’s strategic direction. The following board characteristics reflect our belief in strong governance guided by diversity of thought:
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Majority—independent 12-person Board of Directors

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Independent Chairman of the Board

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Separation of duties between Chairman and CEO

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Unique skills, perspectives and backgrounds

Four Standing Board Committees

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Executive

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Audit & Risk

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Compensation and Workplace Practices

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Corporate Governance

 

Diversity and Inclusion

Promoting Gender and Racial Equity


The civil injustice and unrest that erupted in the US and elsewhere has reinforced the need for progress. At AB, we recognize the value of diverse perspectives, ideas and backgrounds, and we’re committed to being a force for change. We’re taking—and evaluating—many actions to fight racial injustice and inequity.

These efforts include advancing the recruiting, development and retention of diverse talent, and ensuring that more diverse leaders are on a path to senior decision-making roles. We’re revisiting corporate philanthropy and promoting diversity and adherence to ethical and human rights standards among our suppliers. As investors, we’re working to influence positive change that also leads to better financial outcomes for our clients.

Leading by Example: Driving Diversity and Inclusion

 

  • AB has received a score of 100% on the Human Rights Campaign Foundation's Corporate Equality Index for the sixth consecutive year in a row.
  • CEO Seth Bernstein is a member of CEO Action for Diversity & Inclusion, the largest CEO-driven business commitment to advance diversity and inclusion within the workplace.
  • AB collaborates with nonprofits including Girls Who Invest, Year Up, Cristo Rey Network, INROADS, and Investment 20/20, and we’ve developed AB’s Sophomore Summer Leadership Program to help recruit young, underrepresented talent.
  • In response to the COVID-19 pandemic, AB’s Diversity & Inclusion team hosted a webinar to discuss the history of pandemics, behaviors they can cause and the disparate impact on vulnerable communities.

Public Company Related Documents

The corporate governance documents that help promote the effective functioning of the Board, its committees and our company as a whole can be viewed on our Corporate website.

Responsible Investing and Proxy Voting Information

AB's policies, statements and reports concerning responsible investing, stewardship proxy voting and governance as well as our fund sustainability-related disclosures (SFDR Classifications) are all available in our commitment to responsible investing section.

Climate Science Meets Investing

In a first-of-its-kind program developed by AB investment professionals and top Lamont-Doherty Earth Institute at Columbia University research professors, we have collaborated to create a climate change and impact investment curriculum.

Responsible Investing

We share a collective mission to serve our clients, employees, communities, and future generations in a responsible way. That’s why we’ve dedicated ourselves to being responsible in our actions as a corporation and in how we invest.