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.
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.
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.
Alliancebernstein's score of 33 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, AllianceBernstein reported total carbon emissions of approximately 10,389,000 kg CO2e, with Scope 3 emissions from business travel accounting for about 2,926,000 kg CO2e. This marked an increase from 2021, when total emissions were about 7,807,000 kg CO2e, with Scope 3 emissions from business travel at approximately 572,000 kg CO2e. In 2020, total emissions were around 7,482,000 kg CO2e, with business travel contributing about 1,216,000 kg CO2e. The highest recorded emissions were in 2019, with total emissions reaching approximately 14,379,000 kg CO2e, where business travel alone accounted for about 7,207,000 kg CO2e. AllianceBernstein has set ambitious climate commitments, aiming for net zero across its Scope 1 and 2 emissions by 2050, as outlined in its 2023 Climate Action Plan. Additionally, the firm has committed to reducing its absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2030 from a 2019 baseline. Furthermore, AllianceBernstein has established a net zero target for Scope 3 emissions by 2050, although it has not specified a percentage reduction target for this scope. The emissions data is not cascaded from any parent organization, and all figures are reported directly by AllianceBernstein.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
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Scope 1 | - | - | - | - |
Scope 2 | - | - | - | - |
Scope 3 | 7,207,000 | 0,000,000 | 000,000 | 0,000,000 |
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 participating in any of the initiatives that 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.