Our CEO is briefed on our responsible investment activities through 1:1 discussions and at Partner meetings. One of our partners has firm-wide responsibility for oversight as well. Our heads of Fixed Income and Equities are also briefed and are key in driving our efforts within their respective business units. Our PMs drive discussions in research reviews on material ESG issues. Our analysts are accountable for ensuring ESG issues are addressed as part of their research, and discuss them in research review meetings with PMs. Each team implements this differently within their own research and investment decision process.
Oversight/Accountability: Responsible Investment Committee: A key element of our ESG management structure is our Responsible Investment Committee that we created in 2011 at the time we signed the PRI. Our RI Committee has a diverse global membership, including senior representatives from our fixed income and equity investment organization, our client-facing teams, and our Legal Department. The composition of our RI Committee reflects our integration-oriented focus on ESG issues. This Committee develops our ESG strategy and thought leadership in partnership with investment teams, monitors our firm's progress on RI strategy and implementation, and provides ESG-related advice to our investment and client teams.
Implementation Responsibility: Our fundamental research analysts have primary responsibility for incorporating ESG factors into the research process. We believe bottom-up ESG integration in fundamental company research analysis is an important part of identifying investment risks as well as opportunities. As such, within our separate asset-class-specific investment teams, Chief Investment Officers/Portfolio Managers are responsible for overseeing the integration of ESG factors into our investment processes, and ensuring that potential ESG issues are appropriately identified, raised, researched, and addressed. Our disciplined fundamental research processes have long included the analysis of ESG factors, in many cases well before AB signed the PRI in 2011.