Our 2024 Sustainability Report
Download our latest report to learn more about our sustainability approach and initiatives.
“We believe that value creation and sustainable development are complementary goals.”
Chief Executive Officer
Sustainability at Brookfield
We draw on our 100+ year heritage as an owner and operator to invest for value and seek to generate strong returns for our clients across economic cycles. Our Sustainability Policy outlines our approach and is based on the following guiding principles:
Mitigate the impact of our operations on the environment
- Strive to minimize the environmental impact of operations and improve efficient use of resources over time.
- Support the ambition of reaching net-zero greenhouse gas (GHG) emissions by 2050 or sooner.
Strive to ensure the well-being and safety of our workforce
- Foster a positive work environment based on respect for human rights, valuing diversity, and having zero tolerance for workplace discrimination, violence or harassment.
- Operate with robust health and safety practices to support the goal of achieving zero serious safety incidents.
Uphold strong governance practices
- Operate to the highest ethical standards by conducting business activities in accordance with our Code of Business Conduct and Ethics.
- Maintain strong stakeholder relationships through transparency and active engagement.
Be good corporate citizens
- Strive to ensure the interests, safety and well-being of the communities in which we operate are integrated into our business decisions.
- Support philanthropy and volunteerism by our employees.
Integrating Sustainability into Our Investment Process
We seek to embed material sustainability considerations, while evaluating risks and value creation opportunities, throughout our investment life cycle1
Due Diligence
- Evaluate material sustainability risks and value creation opportunities
- Perform climate impact analysis
- Understand policies and procedures
- Consider other sustainability factors
- Identify opportunities
Investment Committee Approval
- Assess sustainability criteria and flag key risks and opportunities to the investment committee
- Develop a post-acquisition sustainability plan
- Escalate material diligence findings to the investment committee for discussion
- Describe climate risks and mitigants
- Highlight sustainability-related opportunities
Ongoing Management
- Identify, prioritize and monitor sustainability issues on an ongoing basis
- Document and measure KPIs on relevant issues or incidents
- Collaborate with portfolio companies to collect, analyze, and use sustainability data
- Manage climate and other sustainability factors and execute value-accretive opportunities
- Report internally and externally
Exit
- Outline potential value creation derived from relevant sustainability considerations
- Prepare qualitative and quantitative data summarizing sustainability performance
- Create summary case studies
- Share relevant key performance indicators with buyers
- Transition ongoing initiatives
- Learn from experience
Disclosure: 1Refers to investments where Brookfield has control or significant influence.
Sustainability Resources
| Document title | Download link |
|---|---|
| Positive Work Environment Policy | Download link |
| Modern Slavery Statement | Download link |
| Vendor Management Guidelines | Download link |
| Document title | Download link |
|---|---|
| Sustainability Policy | Download link |
| Anti-Bribery and Corruption Program | Download link |
| Personal Trading Policy | Download link |
| Business Continuity and Crisis Management Plan | Download link |
| Whistleblowing Policy | Download link |
| Tax Governance Framework | Download link |
| Code of Business Conduct and Ethics | Download link |
| Tax Risk Management Policy BAM | Download link |
| Anti-Money Laundering Policy | Download link |
| Vendor Code of Conduct | Download link |
| Document title | Page link |
|---|---|
| Corporate Governance | Download link |