Commitment Takes Action Responsibility isn’t passive. At AB, we view corporate responsibility as an active pursuit that unites all parts of our firm—from the way we work and act to our community service and the investment solutions we deliver to our clients. Overview Environmental Stewardship Social Responsibility Corporate Governance Responsible Investing Data Disclosures Latest News AB Gives Back AllianceBernstein is investing in our local comunities by supporting nonprofit organizations that are making a difference. Watch video about the AB Gives Back program Watch Video Columbia Earth Institute Collaboration We are pleased to announce AB and Columbia University’s Earth Institute, home of the world-renowned Lamont-Doherty Earth Observatory, have collaborated to create a first-of-its-kind climate change and impact investment curriculum, “Climate Science and Portfolio Risk.” Learn more about AB's collaboration with Columbia University's Earth Institute Learn More Our Vision of Corporate Responsibility Adhere to a fiduciary culture that embraces core ethical values—and that’s supported by rigorous risk management Foster an inclusive, diverse and collaborative environment that offers a world of opportunity to build empowering careers Advance our communities by encouraging philanthropy through charitable giving and employee volunteer efforts Steward our environment by making our operations more sustainable and providing investment solutions for a better tomorrow Serving Our Clients… Responsibly AB’s vision is to be the most trusted investment firm in the world—and that trust starts with our people. We share a passion for research, driven by a culture committed to relentlessness, ingenuity, team orientation and accountability. Each of our three businesses is focused on generating better outcomes for our clients…and doing it in a responsible way. Asset management with a unique combination of expertise, innovative solutions and global reach, advancing the success of clients ranging from individual investors to the world’s largest institutions Independent sell-side research and brokerage services delivering trusted research and execution that keeps our clients ahead of what’s next Sophisticated wealth-planning tools and advice for high-net-worth individuals, families and smaller institutions, giving them clarity to make well-informed financial decisions and achieve their goals Commitment Takes Action AB Riders Supports Bike MS 2018, New York City, USA Responsibility—in Actions and Investments At AB, 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. Here’s one way we’re walking the walk: We’re committed to housing our employees in environmentally friendly offices. We’ve set a goal to increase the percentage of AB employees working in green buildings—as defined by Leadership in Energy and Environmental Design (LEED) or other local standards—to 65% by 2025. “To us, corporate responsibility is an ongoing commitment—a journey, not a destination. It’s woven tightly into the fabric of who we are as a firm.” —Seth Bernstein, President and CEO A Letter from Our CEO We Act Responsibly We have an unwavering commitment to advancing our efforts as a responsible firm. Environmental Stewardship Social Responsibility Corporate Governance We Invest Responsibly We fully integrate ESG considerations in our investment process and design purpose-driven solutions. Responsible Investing We Act Responsibly Ethnically Diverse = African American/Black, Hispanic/Latino, Asian. Ethnic diversity information is US only. Data as of Dec 31, 2018. The environmental, social and governance (ESG) categories are a common framework for assessing corporate responsibility efforts. At AB, we strive every day to become a more responsible firm, and as measured by the Global Reporting Initiative, we continue to advance on each of these fronts. Environmental Stewardship As responsible investors, we scrutinize the environmental behavior of every company we research. It’s critical that we turn that same lens on ourselves, evaluating the impact we have on the environment—and how we can become better environmental stewards. 30% Reduction In Office- Building Energy Consumption from 2013 to 2018 65% of Employees Planned to Be in Sustainable Buildings by 2025 Learn more about Environmental Stewardship at AB Learn More Social Responsibility The rewarding thing about making social progress at our firm and in our communities is knowing that it also contributes to a broader global impact. We’re making strides in diversity and inclusion, employee engagement and community service. 35% Ethnically Diverse New Hires in 2018 30 ERGs and EWGs with 800+ Total Participants 5,300 Hours Volunteered in 87 Community Events in 2018 Learn more about Social Responsibility at AB Learn More Corporate Governance Good corporate governance starts with taking a critical look at our own practices and behaviors. We have a strong fiduciary culture and leadership that promotes it. Rigorous compliance, security and business-continuity infrastructure fosters strong corporate stewardship. 4 Standing BODCommittees Including Compensation &Workplace Practices Learn more about Corporate Governance at AB Learn More We Invest Responsibly Data as of June 30, 2019. Top 4 Ranked by Ceres, 2018. Responsible Investing As responsible investors, we scrutinize the environmental behavior of every company we research. It’s critical that we turn that same lens on ourselves, evaluating the impact we have on the environment—and how we can become better environmental stewards. $447 Billion in Assets Managed with ESG FullyIntegrated in Investment Process $29 Billion in Our Platform of ResponsibleInvesting Solutions Top 4 Rank Globally in Proxy Voting for Climate-Related Proposals Learn more about Responsible Investing at AB Learn More Data Disclosures Explore tables with detailed data on AB’s corporate responsibility efforts, including information on our workforce, greenhouse gas emissions and philanthropy. Explore the Data Come Join Our Team Discover opportunities to advance your career and help us build a better tomorrow for our clients. Visit Careers Previous Reports AB Corporate Responsibility Report 2015/2016 PDF AB Corporate Responsibility Report 2014 PDF Contact Us We welcome questions or comments related to this report and AB’s approach to corporate responsibility. Please contact cr@AllianceBernstein.com