Benzinga | Apr 28, 2021 07:38AM EDT

AllianceBernstein Unveils Collaboration with Columbia Climate School

Leading global investment management firm AllianceBernstein L.P. ("AB") (NYSE:AB) has been announced as the Founding Member of the Corporate Affiliate Program at the newly launched Columbia Climate School, the first purpose-built school of its kind in the world focused exclusively on tackling climate change and its related challenges by integrating climate activity at the university to connect, amplify, and advance new areas of inquiry into climate with a laser focus on developing solutions.

AB's commitment to the Climate School marks a new paradigm in how financial services firms are addressing the challenges posed by climate change. For Columbia, the inclusion of a commercial enterprise in the development of the landmark Columbia Climate School signals a recognition that the size, scope and challenge presented by climate change warrants a new approach in academia that proactively leverages the role of businesses and capital markets in solving for, and impacting, these issues.