“We believe that value creation and sustainable development are complementary goals. Throughout our operations, we are committed to practices that have a positive impact on the communities in which we operate.”
Responsibility

Our 2022 Sustainability Report
Download our latest report to learn more about our sustainability approach and initiatives.
ESG at Brookfield
Our ESG strategy is centered on supporting business resilience and creating value for our investors and stakeholders—now and in the future.
OUR GUIDING ESG PRINCIPLES
Mitigate the impact of our operations on the environment
Strive to minimize the environmental impact of our operations and improve our efficient use of resources over time.
Support the goal of net-zero greenhouse gas (GHG) emissions by 2050 or sooner.
Ensure the well-being and safety of employees
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 leading health and safety practices to support the goal of 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
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.
Our Net-Zero Commitment
We are aligned with the global imperative of decarbonization and have set an ambition to achieve net zero across all our assets under management by 2050.
Affiliations and Partnerships
In support of advancing our ESG efforts, we align and engage with ESG frameworks and sustainability organizations.
ESG Integration into Our Investment Process
ESG is embedded throughout our investment process, starting with the initial due diligence through to the exit of the investment. Below is a summary of how we integrate ESG factors.
Due Diligence
We tailor ESG due diligence to each investment and follow a structured approach, leveraging relevant industry frameworks.
- Proactively identify material ESG risks and opportunities relevant to the potential investment
- Leverage our investment and operating expertise and utilize industry-specific guidelines that may incorporate SASB guidance
- Where warranted, perform deeper due diligence, working with internal experts and third-party consultants
- We enhanced our ESG due diligence guidelines to more specifically address climate change, human rights and modern slavery risks
Investment Committee Approval
All potential investments must incorporate ESG matters into their evaluation and be approved by the Investment Committee.
- Investment teams outline for the Committee the merits of each transaction and material risks, mitigants and significant opportunities for improvement, including those related to ESG
- Material ESG factors may include bribery and corruption risks, health and safety risks and environmental and social risks
Ongoing Management
Upon company acquisition, for assets where we have control, we create a tailored integration plan that includes any applicable material ESG-related matters for review and execution.
- Brookfield looks to advance ESG initiatives and improve ESG performance to drive long-term value creation, as well as to manage any associated risks
- It is the responsibility of the management teams within each portfolio company to manage ESG risks and opportunities through the investment’s life cycle, supported by the applicable investment team
Exit
- As part of divestiture, we create robust business plans outlining potential value creation deriving from several different factors, including relevant ESG considerations
- We also prepare both qualitative and quantitative data that summarize the ESG performance, where applicable, of the investment and provide a holistic understanding of how Brookfield has created value and managed the investment during the holding period
Building a Diverse and Inclusive Environment
Building a diverse, equitable and inclusive work environment reinforces our culture of collaboration and strengthens our ability to develop our people, maintain an engaged workforce and create value for our investors.