Alliancebernstein

Alliancebernstein's reported carbon emissions

AllianceBernstein, headquartered in the US, is committed to climate action and has established targets for reducing its greenhouse gas emissions. For the reporting year 2022, the company reported total emissions of approximately 10,389,000 kg CO2e, primarily comprising Scope 3 emissions, with business travel accounting for approximately 2,926,000 kg CO2e. Reviewing historical data, AllianceBernstein reported total emissions of approximately 7,807,000 kg CO2e in 2021 and 7,482,000 kg CO2e in 2020. In 2019, total emissions were approximately 14,379,000 kg CO2e, with business travel alone contributing approximately 7,207,000 kg CO2e. It is important to note that Scope 1 and Scope 2 emissions data were not explicitly disclosed for these years, with the reported totals representing Scope 3 emissions. AllianceBernstein has set a long-term goal to achieve net-zero emissions across Scopes 1 and 2 by 2050, using 2019 as a baseline. The company also has a net-zero target for Scope 3 emissions by 2050, although a specific percentage reduction target has not been defined for this scope. Furthermore, there is a commitment to reducing absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2030 from the 2019 base year. The company is developing its 2023 Climate Action Plan to support these objectives, which is detailed in its Climate Change Statement and TCFD Report.