PDF Brookfield Properties 2019 Sustainability Report Computershare endobj Through our Manager, Brookfield Asset Management, we are engaged with leading ESG frameworks, actively involved in discussions to advance ESG awareness across private and public markets, and we are enhancing our ESG reporting and protocols in line with evolving best practices. Strive to minimize the environmental impact of our operations and improve our efficient use of resources over time. endobj /Prev 11899 PDF Brookfield Properties 0000002027 00000 n 0000001323 00000 n 10 0 obj We tailor ESG due diligence to each investment and follow a structured approach, leveraging relevant industry frameworks. xSISI%(HR"x(xSTP8J TG*a+b^~4OT1`0^RU\rRS452?4gV P"x117puS_"O](xMSOB2#z4Ej.> In addition to driving impact through transition investing, we are one of the world's largest investors in renewable power globally. >> Maintaining independence and editorial freedom is essential to our mission of empowering investor success. stream endstream flagship-listed business services and industrials company of Brookfield . Our 2022-2023 environmental, social and governance report . } /Border [0 0 0] PDF Building a Better World, Together - Brookfield Properties @media (max-width: 1024px){ /Type /Font This report outlines our progress and goals and includes our disclosures against the TCFD recommendations. Brookfields moves are expected to cut the total direct carbon emissions of the companys US office portfolio by about 80%. 4 0 obj Signatory to Net Zero Asset Managers initiative supporting the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5 degrees Celsius; and to supporting investing aligned with net zero emissions by 2050 or sooner. OUR ESG JOURNEY 6 REDUCING FOOD WASTE 10 OUR PLANET 13 OUR ASSOCIATES 22 OUR COMMUNITIES 30 OUR FACILITIES 36 GOVERNANCE AND INTEGRITY 42 2 ENVIRONMENTAL, SOCIAL, AND GOVERNANCE REPORT 2021. /OpenAction [7 0 R Brookfield Asset Management Investor Presentation June 2023: Brookfield Asset Management Investor Presentation June 2023. margin-bottom: 0; .avg_footer_top-section ul li a{ /XXAlt (TPG Global, LLC Logo) ESG is embedded throughout our investment process, starting with the initial due diligence through to the exit of the investment. height: 28px; Support the goal of net zero greenhouse gas (GHG) emissions by 2050 or sooner. 0000001209 00000 n font-size: 14px; Our report highlights our sustainable business model and strategy ESG+F structured around stewardship of the environment and society, driven by our governance and financial strength. This figure represents a 9% increase compared to the results obtained in 2021, highlighting a growing focus on ESG metrics. Toronto, ON << AST Shareholder Services Call Center: Hours: 8 AM - 8 PM ET Monday through Friday. WASHINGTON, June 27, 2023--A report by UNITE HERE finds that Brookfield, one of the world's largest alternative asset managers and a leader in ESG investing, has made billions of dollars of new . More than 65% of Brookfield's office space will shift to zero-emissions electricity by 2024, and the rest will be completed over the next two years, the . Over the last several years we have built a global business that is well positioned to navigate all economic cycles. /Length 41 /URI (mailto:shareholders@tpg.com) Wed like to share more about how we work and what drives our day-to-day business. PDF ESG in Executive Remuneration Report - assets.kpmg.com www.amstock.com, Shareholder Services (Mon. While the simultaneous pursuit of growth, sustainability, and inclusion may seem to present trade-offs, we are embracing all three in partnership with our clients. Q3 Stock Market Outlook: Time to Batten Down the Hatches or Raise the Sail? align-items: center; font-weight: 400; The report . A sustainable future started 30 years in the past, A historic approach to waste and energy reduction. We're reimagining real estate through sustainable solutions. Our units trade on the New York and Toronto stock exchanges under Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN). ESG is embedded throughout our investment process, starting with the initial due diligence through to the exit of the investment. Sustainability reporting - implications for remuneration. Do You Want to Become an Avangrid Supplier? At its heart are the 17 SDGs, which are an urgent call for action by all countries developed and developing in a global partnership. We believe that being responsible stewards of our operations is the right thing to do and is essential to preserving capital, mitigating risk and creating long-term value. %%EOF /Fabc10 10 0 R PDF 2020 Corporate Responsibility Report - United Rentals - Industrial /Rect [478.775 495.175 500.675 506.175] Brookfield Business Partners L P : Inaugural ESG Report PDF Brookfield Asset Management Ltd. June 2023 The Global Reporting Initiative (GRI) is a framework for economic, environmental and social performance reporting. flex-wrap: nowrap; Brookfield describes Brookfield Renewable as a Global Leader in Decarbonization and pure-play renewable power platform. But an ESG-minded investor who chooses to invest in Brookfield Renewable after seeing it on lists of top green energy stocks might not know that it is invested in several infrastructure funds with fossil fuel investments, including in Canadian oil sands pipelines. stream When Will the Fed Start Cutting Interest Rates? North America: 1-833-236-0278 11219 As of December 31, 2019, Brookfield Properties operated, entirely or with joint venture partners, over 170 retail properties located throughout the United States. 0000001477 00000 n This site is protected by reCAPTCHA and the Google And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. Sustainability Report & Metrics - AVANGRID Email: help@astfinancial.com In recognition of the significance of the United Nations leadership in this critical endeavour, we have aligned our ESG disclosures with the SDGs. >> /Type /Annot >> Support philanthropy and volunteerism by our employees. /Size 17 VDOMDHTMLe>Document Moved. We have a global investment team of 150 professionals including more than 30 dedicated business-operating professionals, many of whom are senior executives with deep experience in governance, strategy development and the management of global companies. As at September 30, 2021, we have $54 billion in assets, and the majority of our operations have scale, stable operations and resilient cash flows. Website: www.astfinancial.com. The Industrials segment includes advanced energy storage operations, graphite electrode operations, water and wastewater operations, solar power solutions operations, engineered component manufacturing, and other businesses. list-style: none; 5 Growth Stock Picks From a Top Fidelity Manager, Investors Bail on Large-Value Stock Funds, Markets Brief: These Stocks Led Us Into a New Bull Market. . We are committed to operating in accordance with the highest ethical standards and maintaining strong governance. Ted Waechter twaechter@unitehere2.org 919-636-1124, View source version on businesswire.com: https://www.businesswire.com/news/home/20230627624675/en/. .avg_footer_top-section ul li{ << Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. line-height: 17.34px; Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. margin-top: 30px; Our work for the last eight years has produced dramatic decreases in greenhouse gas emissions, water consumption, electricity usage, and a 52% diversion from landfill. font-size: 12px; A report by UNITE HERE finds that Brookfield, one of the worlds largest alternative asset managers and a leader in ESG investing, has made billions of dollars of new investments in fossil fuel infrastructure through its affiliates since 2020 and that its well-publicized net zero pledge excludes most of the emissions associated with these investments. Proactively identify material ESG risks and opportunities relevant to the potential investment, Leverage our investment and operating expertise and utilize industry-specific guidelines that incorporate SASB guidance, Perform deeper due diligence if required, utilizing internal experts and third-party consultants as needed. >> /Type /Annot We work to maintain strong stakeholder relationships through transparency and active engagement. Presentations | Brookfield Asset Management (BAM) >> /H /N In support of advancing our ESG efforts, we align and engage with ESG frameworks and sustainability organizations. As part of each acquisition, investment teams create tailored integration plans that include material ESG-related matters for review or execution, Brookfield actively 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 investments life cycle, supported by the investment team responsible for the investment, As part of our divestiture plan, we prepare robust business plans outlining potential value creation from several different factors, including ESG considerations, We also prepare both qualitative and quantitative data that summarize the ESG performance of the investment and provide a holistic understanding of how Brookfield has managed the investment during the holding period. /S /URI Brookfield Corporation; Brookfield Asset Management; Listed Affiliates. Brookfield, "ESG Investing" Leader, Made Billions of New Investments in Highlights 20 21 1.8 million single use plastic items were avoided nationally 7% employment growth across the business nationally 3,600+ free coffees redeemed nationally via the axiis app as part of Our 2022 ESG Report details our progress toward accelerating sustainable and inclusive growth in the societies where we live and work. From 2024, WGEA will actively report on the gender pay gap within each organisation (and in future years this will mean that may show specific employers whose gender pay gap has improved or widened . www.computershare.com/investor, Brookfield Infrastructure Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare .avg_footer_bottom-section .d-flex{ } For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare Trust Company of Canada Learn how it impacts everything we do, https://www.businesswire.com/news/home/20230627624675/en/, Do Not Sell or Share My Personal Information. <46B5997D797E2A437E76C752063E05A1>] Who We Are. Brookfield Renewable Partners is a globally diversified multi-technology company with over $57 billion in power assets, which consists of hydroelectric, wind, solar and storage facilities managed by nearly 3,000 employees in North America, South America, Europe and Asia. font-weight: 400; 4 13 Brookfield, "ESG Investing" Leader, Made Billions of New Investments in gap: 15px; << USA. .avg_footer_bottom-section .avg_footer_awards-stamps li{ A report by UNITE HERE finds that Brookfield, one of the world's largest alternative asset managers and a leader in ESG investing, has made billions of dollars of new investments in fossil fuel infrastructure through its affiliates since 2020 and that its well-publicized "net zero" pledge excludes most of the emissions associated with these investments. PDF financialservices.house.gov We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. } This report outlines some of the current and future initiatives we are committed to addressing as part of our overall ESG strategy. #0i" yNun%)aIs4#&'s%Q;e5@8p@T f0aEu\tK{3+t]M&2 On average, 79% of the funds in the total portfolio are Active in the ESG space, as evidenced by their implementation of an ESG policy and/or the sharing of ESG reports with Limited Partners. Privacy Policy and /Fabc8 8 0 R Provide specific products and services to you, such as portfolio management or data aggregation. Alliance Member of the IFRS Sustainability Alliance, a global membership program established to develop globally accepted accounting and sustainability disclosures, and whose industry-specific standards are designed to be evidence-based and market-informed, to further formalize the integration of ESG considerations into our due diligence process. Rachel Nappi The past year brought unique challenges to our world and to our business. Brookfield Renewable Partners ESG Report. 2021 ESG Report View Now. PDF 2021 Esg Report %Urrn4hog Qiudvwuxfwxuh 3duwqhuv X Health, Safety & Wellness: We implemented PDF 2021 ESG Report - Australia - Brookfield Properties >> } endstream Operate to the highest ethical standards by conducting business activities in accordance with our Code of Business Conduct and Ethics. Email: inquiries@tmx.com For example, a Brookfield affiliate is the largest shareholder in the Dalrymple Bay coal terminal in Australia, but the terminals emissions accounting excludes the burning of the coal that moves through the terminal. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. flex-wrap: wrap; We recognize that how we interact with our environment, our people, and the communities in which we operate are critical to our ongoing success. .avg_footer_bottom-section .avg_footer_social-media li a img{ Brookfield Infrastructure 2021 ESG Report Learn more about some of the measures we are taking and the positive impact we have made. . /E 11652 Below is a summary of how we integrate ESG factors. display: flex; Delayed Quote Local & International: 718-921-8124. Below is a summary of how we integrate ESG factors. /Subtype /Type1 0000000032 00000 n } /URI (mailto:media@tpg.com) The terms "we", "us", and "our" may also be used. 100 University Avenue, 8th Floor Upon company acquisition, we create a tailored integration plan and ensure ESG risks and opportunities are actively managed. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Supporters of the Task Force on Climate-related Financial Disclosures (TCFD), which aims to guide companies in incorporating the considerations of the effects of climate change into business and financial decisions to help facilitate the transition to a more sustainable, lower carbon economy. Maintain strong stakeholder relationships through transparency and active engagement. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. /O 7 UNITE HEREs report also finds that even Brookfields renewable power affiliate Brookfield Renewable, is invested in fossil fuel infrastructure. Global +1-416-363-9491, 301 - 100 Adelaide St. West .avg_footer_bottom-section .avg_footer_social-media{ /Source (WeJXFxNO4fJduyUMetTcP9+oaONfINN4+d7l7bbvLEA3x0CBKHXqTcw+OD5K3EZpB9khgm8VtCFmyd8gIrwOjQRAIjPsWhM4vgMCV\ of core developments are LEED Gold or higher, of core office have a sustainability designation, million KWh of electricity generated from solar. /BitsPerComponent 8 Information on Brookfield Corporation . They recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth all while tackling climate change and working to preserve our oceans and forests. /Annots [11 0 R 12 0 R 13 0 R] Our tomorrow's world approach, a philosophy that sits at the core of our investment process and business operations, informs our long-term view of real estate investments for the enduring benefit of both clients and society. Brookfield, "ESG Investing" Leader, Made Billions of New Investments in We are members of PESMIT, which works to bring together private equity firms to identify ways that the industry can accelerate progress towards a more sustainable future. This is an excerpt of the original content. This is an ongoing and evolving effort that we will continue to progress. >> 15 0 obj ESG at Brookfield | Brookfield Asset Management (BAM) For additional investor-related information please call our investor line: North America: 1-866-989-0311 PDF 2018 ESG Report - brookfield.com Brookfield Business Partners ("BBU", "we", "our", "the Company") is the . Brookfield claims to follow the Paris Aligned Investment Initiatives Net Zero Investment Framework, but its investments run counter to the frameworks recommendation that investors should not make new investments in companies exploiting oil sands. endobj We may use it to: To learn more about how we handle and protect your data, visit our privacy center. /Type /Catalog /Iabc5 16 0 R Shareholder correspondence should be mailed to: startxref Close popup. Terms of Service apply. Object Moved. 0000002757 00000 n margin-top: 38px; /Type /Group Contact Data. Our developments and properties are efficient, resilient and future-fit, supporting the needs of our tenants and communities - today and tomorrow. Brookfield has more than 70 million square feet (6.5 million square meters) of office properties across the US, AI-powered legal analytics, workflow tools and premium legal & business news. We are pleased to present our inaugural ESG report and look forward to providing you an annual update of our activities. Annual Reports | Brookfield Property Partners 0000005032 00000 n Highlights are as of September 30, 2021. Climate Change Strategy.. Energy and Emissions. Water and Waste. GRI Content Index BROOKFIELD BUSINESS PARTNERS INAUGURAL ESG REPORT. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. A report by UNITE HERE finds that Brookfield, one of the world's largest alternative asset managers and a leader in ESG investing, has made billions of dollars of new investments in fossil fuel . /MediaBox [0 0 612 792] /Fabc9 9 0 R flex-direction: column; endobj Strive to minimize the environmental impact of our operations and improve our efficient use of resources over time. Questions relating to distributions, transfer of units, address changes or unit certificates for the Class A preferred units, Series 1 (NASDAQ: BPYPP) should be directed to our transfer agent, American Stock 0000001707 00000 n endobj Through our Brookfield Global Transition Fund, signatory to the IFCs Operating Principles for Impact Management, which provide a framework for the design and implementation of impact management strategy. 13 0 obj As a member of the Iberdrola group of companies, of which Iberdrola, S.A. is the controlling member, additional information regarding AVANGRIDs sustainability practices and performance is included in the following reports. list-style: none; Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. We tailor ESG due diligence to each investment and follow a structured approach, leveraging relevant industry frameworks. It's why we're committed to reaching Net Zero GHG emissions by 2050 or sooner across the entirety of our global portfolio. PDF Environmental, Social and Governance /Width 147 2021 ESG Report | Brookfield >> Brookfield, "ESG Investing" Leader, Made Billions of - Morningstar We realize real estate reimagined through collaboration and partnerships to create vibrant, engaged, sustainable communities. /URI (https://cms.tpg.com/wp-content/uploads/2022/08/TPG-ESG-Report-2022_FINAL.pdf) /XObject << While the terminal pledges to work closely with Brookfield to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions by 2050, it does not account for emissions from the later burning of the millions of tons of coal that are transported through the facility each year. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. /Subtype /Type1 Investment teams provide the Committee with a detailed memorandum, The Investment Committee memorandum outlines the merits of the 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. We build value by pursuing an operations-oriented approach ensuring that all our operations have a clear, concise business strategy that is focused on profitability and sustainable cash flows. Supporters of the Task Force on Climate-related Financial Disclosures (TCFD), which aims to guide companies in incorporating the considerations of the effects of climate change into business and financial decisions to help facilitate the transition to a more sustainable, lower carbon economy. We thank all our employees for their continued hard work and dedication and our investors for their ongoing support. Email:bip.enquiries@brookfield.com. >> /Filter /FlateDecode width: 30px; stream margin-top: 14px; At Brookfield, sound ESG practices are integral to building resilient businesses and creating long-term value for our investors and other stakeholders. We are proud to share our 2020 Environmental, Social, and Governance (ESG) Report. PDF 2022 Sustainability Report - brookfield.com Our goal is to generate growth in intrinsic value per unit primarily through long-term capital appreciation with a modest distribution yield. We tailor ESG due diligence to each investment and follow a structured approach, leveraging relevant industry frameworks. Brookfield Business Partners L.P. is a Bermuda-based business service and industrial company. - Fri. 8 am - 8 pm ET): 1-800-937-5449 , Members of Accounting for Sustainability (A4s), which seeks to inspire action through a knowledge-sharing network of leading CFOs from businesses aiming to embed ESG into resilient business models and sustainable strategies., Members of Business for Social Responsibility (BSR), a global non-profit organization focused on working with companies to develop sustainable business strategies and solutions., Series 13 Green Preferred Units Report September 2021, Series 14 Green Preferred Units Report January 2022, Governance and Nominating Committee Charter, Evolving to offer the best of both worlds, Mitigate the impact of our operations on the environment, Ensure the well-being and safety of employees. - 03:59:35 2023-06-30 pm EDT. We focused our efforts on safeguarding employees and strengthening alignment with stakeholders and the communities in which we operate while ensuring continuity of our operations. gap: 0; padding-right: 5px; We exercise capital discipline and monetize operations when their value can be maximized, recycling capital into new acquisitions and opportunities within our existing operations. ESG initiatives. padding-left: 0; We own and operate high-quality services and industrial operations that benefit from being market leaders or having low-cost positions. grbK[|MD6qU59ts,%#{bl`?tf3q[Cy)oincfSDb }M\-+?7j`Ef+C[[IlH~Ss? << 2021 ESG REPORT | Brookfield Asset Management. xc``b``fP``P"@ Operate to the highest ethical standards by conducting business activities in accordance with our Code of Business Conduct and Ethics. Faced with property closures due to government mandates, our team created industry-leading Brookfield Business Partners L P : Inaugural ESG Report, Brookfield Business Partners L.P.2023 Second Quarter Conference Call and Webcastfor Investors and Analysts, Brookfield signs deal to buy Network International for about $3.7 billion, CFIUS Clearance: Brookfield Business Partners L.P. And Westinghouse Electric Company, Brookfield Business Partners L P : Q1 2023 Transcript, Brookfield Business Partners L P : UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF - Form 6-K, Transcript : Brookfield Business Partners L.P., Q1 2023 Earnings Call, May 05, 2023, Brookfield Business Partners Brief: National Bank In Q1 2023 First Look Says Impact Neutral As Notes Slight EBITDA and EFO Miss, Brookfield Business Partners' Q1 Net Income, Revenue Rise; Quarterly Dividend Maintained. You can view past editions of our Sustainability Report here: .avg_footer{ << . } Our commitment to lead on sustainable solutions is demonstrated by strong environmental improvements. .avg_footer_top-section ul li{ Hours: 8 AM 8 PM ET Monday through Friday, Toll Free: 800-937-5449 These products and services are usually sold through license agreements or subscriptions. Brooklyn, NY 11219 These so-called Scope 3 emissions come from the burning of fossil fuels transported through infrastructure that Brookfield affiliates own or are invested in, including oil sands pipelines and coal terminals. >> Our financial discipline, coupled with access to large-scale institutional partner capital, global sourcing opportunities and the breadth of Brookfield's operational capabilities, is integral to our strategy and provides us the ability to participate in large-scale transactions. We are a premier global alternative asset manager with $720 billion of assets under management across renewable power & transition, infrastructure, private equity, real estate, and credit & insurance solutions. Tel: +1-416-682-3860 endobj /PageMode /UseNone