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AllianceBernstein L.P., frequently referred to as AllianceBernstein or AB, stands as a leading global investment management firm. Headquartered in the US with a significant international presence, including operations across EMEA and APAC, the company specialises in financial intermediation services, excluding insurance and pension funding.
Established in 1967 through the merger of Alliance Capital and Sanford C. Bernstein, AllianceBernstein has evolved into a prominent player in the asset management industry. They offer a diverse range of investment solutions, including actively managed equities, fixed income, multi-asset strategies, and alternative investments, catering to institutional, high-net-worth, and retail clients worldwide.
Their expertise lies in delivering insightful research and differentiated investment strategies designed to help clients achieve their financial objectives. AllianceBernstein's commitment to rigorous analysis and bespoke solutions positions them as a trusted partner in wealth creation and preservation.
-1 vs industry average
AllianceBernstein L.P.’s score of 36 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
AllianceBernstein L.P., a US-based financial intermediation services company, reported total Scope 3 emissions of approximately 10,389,000 kg CO2e in 2022. This includes about 2,926,000 kg CO2e from business travel. In 2021, their total Scope 3 emissions were approximately 7,807,000 kg CO2e, with business travel accounting for around 572,000 kg CO2e. For 2020, total Scope 3 emissions were about 7,482,000 kg CO2e, including approximately 1,216,000 kg CO2e from business travel. In 2019, AllianceBernstein L.P. reported total Scope 3 emissions of approximately 14,379,000 kg CO2e, with business travel being approximately 7,207,000 kg CO2e.
AllianceBernstein L.P. has committed to achieving net-zero Scope 1 and 2 carbon emissions from its operations by 2050, as part of its 2023 Climate Action Plan. The company also has a net-zero target for Scope 3 emissions by 2050, though a specific percentage reduction target for Scope 3 has not been disclosed. Additionally, AllianceBernstein L.P. aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2030, using a 2019 base year.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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