Alliancebernstein
AllianceBernstein Holding L.P., commonly referred to as AllianceBernstein, is a leading global investment management firm headquartered in the United States. Founded in 1967, the company has established a strong presence in major operational regions, including North America, Europe, and Asia. Specialising in a diverse range of investment strategies, AllianceBernstein offers services in equity, fixed income, and multi-asset solutions, catering to institutional and individual investors alike. The firm is renowned for its research-driven approach and commitment to delivering innovative investment solutions that stand out in a competitive market. With a robust reputation for excellence, AllianceBernstein has achieved significant milestones, including its listing on the New York Stock Exchange. The firm continues to be recognised for its strong performance and client-centric focus, solidifying its position as a trusted partner in the investment management industry.
DitchCarbon Score
How does Alliancebernstein's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Alliancebernstein's score of 19 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Alliancebernstein's reported carbon emissions
In 2022, AllianceBernstein reported total carbon emissions of approximately 10,389,000 kg CO2e, with significant contributions from Scope 3 emissions, particularly from business travel, which accounted for about 2,926,000 kg CO2e. This marked an increase from 2021, where total emissions were approximately 7,807,000 kg CO2e, with business travel emissions at about 572,000 kg CO2e. In 2020, the firm achieved a notable reduction in total emissions, reporting approximately 7,482,000 kg CO2e, down from 14,379,000 kg CO2e in 2019. The decrease in emissions from 2019 to 2020 was significant, indicating a proactive approach to reducing their carbon footprint. Despite these fluctuations in emissions, AllianceBernstein has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction commitments suggests a need for further clarity on their long-term climate strategy. Overall, while AllianceBernstein has made strides in emissions reduction, particularly in 2020, the lack of defined targets raises questions about their ongoing commitment to addressing climate change effectively.
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Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | - | - | - | - |
| Scope 3 | 7,207,000 | 0,000,000 | 000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Alliancebernstein is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
