Responsible Investing:
Our Commitment

Better Behaviour Is a Strategic Imperative

Behaving responsibly is more than just a buzzword. It’s a way of life, that defines how we at AB behave, both as a firm and as investors. And since it’s a strategic imperative, we continue to invest in Responsible Investing, as it’s inextricably linked with corporate responsibility.

Every day, AB employees are working to create a dynamic, diverse, inclusive and intellectually challenging environment. By bringing out the best in our people, we aim to help advance the many communities we serve.

Top 10
Most supportive asset managers on shareholder sustainability proposals for the five proxy seasons ending in 20191
10,000+
Meetings with company management teams in 20192
US $456
Billion in assets managed using ESG integration3

1 AB Ranked 6 out of 50. 2019 ESG Proxy Voting Trends, Morningstar Manager Research, February 2020
2 Includes economic meetings with sovereign issuers.
3 As of 30 June 2020. Assets using ESG integration include active fixed-income and equity strategies. Portfolios with Purpose are listed separately, and therefore not included in the integration total.

Demanding the Same Behaviours of Ourselves as the Companies Our Portfolios Invest In

AB’s Chief Responsibility Officer oversees the continual examination of our own corporate practices with the guidance of the Responsibility Steering Committee.

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"We're committed to being leaders in responsibility in both how
we act as a firm and how we invest on behalf of our clients".

Seth Bernstein, President and CEO, AllianceBernstein

Our People Driving AB’s Responsible Investing Strategy

Our teams help drive and guide our firm-wide efforts in advancing AB’s corporate responsibility practices and polices, implementing strategy and providing clients with responsible solutions and communication that meet their needs.

Responsibility Team

The team develops our firmwide approach to responsibility and collaborates with investors.


12
Team Members

Responsibility Steering Committee

The committee of experts, from across the spectrum of asset management disciplines, develops our responsibility strategy and oversees execution.


13
Team Members

Corporate Responsibility Steering Committee

The committee develops and executes AB’s corporate responsibility strategy. It also evaluates and recommends corporate responsibility-related initiatives to join or sign.


20
Team Members

Proxy and Governance Committee

The committee has formal oversight of our proxy voting process, establishing our policy and overseeing voting activities.


11
Team Members

Social Advancements Have Global Impact

Diverse and inclusive teams generate better ideas and reach more balanced decisions. That’s why we seek to leverage the unique backgrounds of our employees to meet the needs of a broad range of clients and to best engage the communities in which we operate.

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Building a Diverse Culture

  • Dedicated recruiter for diverse talent
  • 40% female VP
  • 31% ethnically diverse new hires1
  • AB received a perfect score on the Human Rights Campaign Foundation Corporate Equality Index for five years in a row
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Engaging Employees

  • 30 employee resource groups (ERG) and employee wellness groups (EWG), with 800+ participants2
  • Over 100 ERG and EWG events hosted globally2
  • Learning and dialogue encouraged across all levels of the firm
  • Annual "AB Voice" employee engagement surveys3
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Serving Our Communities

  • US$3.2 million donated to charitable causes4
  • Over 1,400 different charities supported across the globe5
  • 7,000 total hours of service by employees in 2019
  • 124 unique volunteer events firmwide, in 2019

1. Ethnically diverse includes African American/Black, Hispanic/Latino and Asian. Ethnic diversity information is for the US only as of 31 December 2019
2. For 2018.
3. Effective 2019, moving to annual from biannual
4. Total for 2019 by employees and eligible for company matching gifts
5. Number of organizations impacted worldwide
Source: Human Rights Campaign Foundation and AB

History of Our Commitment

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fpo

Source: AB as of 30 September 2019
1. Response to UK Stewardship Code is updated periodically, most recently in September 2016.
2. Principles for Responsible Investment
3. Principles for Financial Action for the 21st Century
4. Asset Management/Securities/Investment Banking Working Group

Memberships

Logos, brands and other trademarks are the property of their respective trademark holders. They are used for illustrative purposes only.

PRI

Principles for Responsible Investment

AB has invested responsibly for many years. In 2011, we honed and formalized our approach by signing the United Nations Principles for Responsible Investment (PRI). The six PRI are voluntary and aspirational, offering possible actions for incorporating ESG issues into investment analysis, decisions and practices.

Principles were developed by investors, for investors. In implementing them, signatories contribute to developing a more sustainable global financial system. We’re committed to implementing all six principles as we continue to advance our responsible investing efforts.

READ MORE ABOUT THE PRI PRI TRANSPARENCY REPORT 2020 PRI ASSESSMENT REPORT 2020

Reporting

A comprehensive breakdown of corporate performance, data and reporting disclosures can be found by visiting our Corporate website.

See Data Disclosures