Brookfield Asset Management.
BAM.US | Fund management activities
Brookfield Asset Management is a leading global alternative asset manager focused on real estate, infrastructure, renewable power and private equity. The company manages a range of public and private investment products and services for institutional and retail clients. Brookfield's activities inclu...Show More
Better Health for All
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Brookfield Asset Management is a global alternative asset manager, and the provided articles detail its investments in various sectors, including healthcare (e.g., Neighbourly Pharmacy
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, Orthopedic Care Partners
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, Sono Bello
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) and education (GEMS Education
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). The company does not produce or sell food or nutritional products, making the 'nutrition_and_food_safety' KPI not applicable to its operations.
Fair Money & Economic Opportunity
0
Brookfield Asset Management is an asset manager, not a direct provider of consumer financial services such as lending or deposit accounts. Consequently, KPIs related to direct consumer interactions, including underserved client share, pricing fairness, exploitative fee exposure, customer data accessibility, fair lending compliance, wealth building outcomes, debt burden ratio, geographic inclusion, and product simplicity, are not applicable to its core business model. The company does not operate a 'loan/insurance book' or offer financial literacy programs as defined by the rubric, leading to the omission of these KPIs.
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Fair Pay & Worker Respect
30
The total compensation for the Chief Financial Officer and Senior Managing Partner is $2,157,199.
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The median estimated annual employee salary is $127,220.
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This results in a CEO to median employee pay ratio of approximately 16.96:1.
Fair Trade & Ethical Sourcing
0
No specific quantitative data was found in the provided articles to assess Brookfield Asset Management against the KPIs for Fair Trade & Ethical Sourcing. While a fine of R$800,000 ($163,000) for slave labor offences at Fazenda Colorado in December 2021 was reported, the evidence did not provide details on remediation speed or public reporting, which are required to match the specific rubric tier for forced or child labor incidents.
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Similarly, no data was provided for fair-trade certification share, audit frequency, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend.
Honest & Fair Business
0
Brookfield Asset Management and its subsidiaries incurred $43.8 million in ethics-related regulatory fines between 2023 and 2024.
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These included a $43.35 million fine in 2023 for an air pollution violation
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, a $375,000 fine in 2024 for an investor protection violation
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, and a $75,000 fine in 2024 for an insurance violation.
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The company has a Whistleblowing Policy, effective January 2025, which applies to all staff and subsidiaries.
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It provides a 24/7, multi-language, anonymous hotline managed by an independent third party
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and states zero tolerance for retaliation.
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Brookfield also maintains an Anti-Bribery and Corruption Policy with a zero-tolerance approach
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, requiring annual training for all employees
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, conducting due diligence on third parties
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, and involving regular program review and reporting to the Board's Risk Management Committee.
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Kind to Animals
0
No specific, concrete data points were found in the provided articles for Brookfield Asset Management (BAM.US) regarding its direct impact on animal welfare, animal testing, or ethical sourcing practices. Information related to animal welfare was primarily found for subsidiaries like Brookfield Renewable Partners (regarding dam impact on salmon)
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, Brookfield Zoo (animal care and conservation)
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, or other companies like Shake Shack (cage-free eggs, humane sourcing)
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, which do not apply to BAM.US as a whole. General statements about sustainability policies and vendor codes of conduct for BAM.US did not include specific metrics or policies related to animal welfare
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, nor did they provide measurable outcomes for wildlife conservation
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.
No War, No Weapons
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Brookfield Asset Management has indirect ties to controversial weapons through its ownership of Westinghouse, which plays a role in sustaining the American nuclear weapons arsenal
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. In contrast, a subsidiary, Clarios, reported that 100% of its in-scope suppliers for 3TG minerals either did not source from conflict-affected countries or were confirmed RMI compliant if they did, with this information refreshed annually
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.
Planet-Friendly Business
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Brookfield Asset Management's total Scope 1, 2, and 3 greenhouse gas emissions for 2024, including corporate, controlled portfolio, and financed emissions, amounted to 43,963,447 tCO2e.
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The company's waste diversion rate for recycled material is 50%.
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In 2024, no material environmental incidents were noted across its controlled portfolio companies.
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Brookfield Asset Management states its disclosures are consistent with TCFD recommendations and includes climate scenario analysis.
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The company reported approximately $65.5 billion in exposure to fossil fuels in 2022, with impact targets integrated into asset investment business plans to align with Paris Agreement goals.
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Respect for Cultures & Communities
0
Brookfield Asset Management's subsidiary, Brookfield BRP Canada Corp., faces a $100 million lawsuit filed in 2022 by Mississauga First Nation, alleging a lack of consultation regarding dam operations and their 2002 sale, and devastation of the First Nation's territory and rights.
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Brookfield BRP denies any duty to consult or damages, indicating no community representation in governance for this significant operation and a reactive response to the cultural incident.
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In contrast, the company provides robust grievance mechanisms, including a Whistleblowing Policy applicable to all operating businesses and portfolio companies, supplemented by local grievance mechanisms for community concerns.
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Furthermore, Brookfield demonstrates language inclusivity by stationing full-time social and environmental assistants to facilitate communication in local languages like Spanish and Wayunaiki, establishing a 24/7 independent whistleblower hotline in local languages, and working with local suppliers in their own languages.
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Safe & Smart Tech
-10
Brookfield Asset Management experienced an unauthorized data use incident between May 30, 2023, and June 30, 2023, through a third-party vendor, The Vitality Group, which uses MOVEit file-transfer software.
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This breach compromised employee names, Social Security numbers, and other personal information
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, though the number of affected individuals is undetermined.
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The incident did not affect Brookfield's internal computer systems.
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The company provides mandatory continuing cybersecurity training for all employees, with additional training for higher-risk functions.
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Brookfield's privacy policy outlines user rights to access, withdraw consent, rectify, erase, object, and restrict data processing.
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The company emphasizes compliance with applicable data protection legislation, including EU data protection laws, CCPA, and regulations in Canada and Australia
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, and reported the data breach to the California Attorney General.
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Zero Waste & Sustainable Products
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Brookfield Asset Management demonstrates commitment to waste management through significant investments and initiatives. Its partnership with Closed-Loop Partners established Circular Services with an initial $200 million investment, potentially rising to $700 million, aiming to expand annual recycling capacity from over one million tons to five million tons within five years.
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This entity is set to become the largest privately held recycling company in North America, handling diverse materials.
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Brookfield Properties also achieved a 91% increase in recycling rate across 12 locations, raising their average waste diversion rate from 22% to 42% in three months, diverting nearly 4,000 cubic yards from landfills.
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Furthermore, Brookfield Properties' One East property in Shanghai received RESET Waste certification for its digital waste management program, which includes continuous monitoring and real-time data collection.
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