MASHINIi

BRAEMAR PLC.

BMS.LSE | Service activities incidental to water transportation

Braemar PLC is a leading international provider of shipbroking, financial advisory, and logistics services to the shipping, energy, and offshore industries. The company operates through three primary divisions: Shipbroking, providing chartering, sale and purchase, and offshore services; Financial Ad...Show More

Ethical Profile

Mixed.

Braemar PLC's ethical standing is mixed. The company holds a £9.9 million contract with the UK Ministry of Defence, which critics highlight as a concern for 'No War, No Weapons' values. Reports also cite a 2020 FCA fine for failure to notify personal trades and a past payment issue leading to temporary share suspension. Conversely, Braemar was recognized as a 'Europe's Climate Leader' by the Financial Times, achieving carbon neutrality since 2017 through offsetting and expanding renewables. Employee reviews suggest mixed sentiment, with compensation and senior management ratings lower than overall satisfaction, despite adherence to UK employment regulations.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect10
-100100
Fair Trade & Ethical Sourcing-20
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business20
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

Braemar Plc's core operations in shipbroking, investment advisory, and logistics are without direct contributions to healthcare access or public health improvements.

1
The company's business approach aligns more with environmental values than 'Better Health for All'.
2

Fair Money & Economic Opportunity

0

Braemar PLC operates primarily in shipbroking, financial advisory, and logistics services for the shipping, energy, and offshore industries, which are business-to-business (B2B) sectors. The company does not offer lending or deposit services, consumer credit products, or financial services aimed at low-income, rural, immigrant, minority, or credit-invisible populations. Therefore, KPIs related to consumer financial products, fair lending, wealth building outcomes for consumers, or geographic inclusion for banking deserts are not applicable to its core business model. While the company engages in workforce diversity initiatives

1
and general compliance, there is no evidence of dedicated programs or financial products specifically for underserved communities or consumer financial literacy.

Fair Pay & Worker Respect

10

Braemar Plc's employee engagement score is 68 out of 100, based on an overall rating of 3.4 out of 5 stars from 44 Glassdoor reviews

1
, with 57% of employees recommending the company
2
. In the past year, no instances of slavery or human trafficking were identified
3
. The company conducts annual compensation reviews with external benchmarking
4
and has implemented mandatory governance training for all employees
5
, alongside enhanced Know Your Client (KYC) processes to mitigate modern slavery risks
6
. As of May 29, 2025, Braemar had 411 staff members across 18 offices in 13 countries
7
. An ESOP Trust held 1,583,460 shares at February 28, 2025
8
, with 1,600,095 shares released during the year
9
. The company also offers an electric car leasing scheme for employees
10
.

Fair Trade & Ethical Sourcing

-20

Braemar PLC, as a service provider in shipbroking, financial advisory, and logistics, does not procure or trade physical commodities. Consequently, fair-trade certifications, traceability of physical goods, and high-risk material sourcing are not applicable to its operations. The company reported zero instances of slavery or human trafficking identified in the past year (FY25/2024-25).

1
As no violations were reported, no remediation processes were required. However, for the period of 1 March 2020 to 28 February 2021, the company explicitly stated it did not carry out any social audits.
2
Furthermore, during that same period, its policies did not include prohibitions against child labour, worker-paid recruitment fees, compulsory overtime, freedom of movement, freedom of association, or confiscation of workers' original identification documents.
3
Policies also did not provide access to remedy, compensation, and justice for victims of modern slavery.
4
No data was provided on the number of substantiated forced- or child-labour findings in the last three years, the percentage of suppliers with enforceable ethical-sourcing clauses, or the percentage of procurement budget directed to diverse suppliers.

Honest & Fair Business

-20

The company's external audit covered 69% of its revenue and 91% of its underlying profit before taxation in 2024.

1
In 2023, global transport data was restated due to a change in reporting fuel spend, which was above the 5% materiality threshold.
2
Braemar has a clear and accessible whistleblower policy that supports anonymous reporting of misconduct to an independent external provider.
3
The company also implements training programs to update employees on governance policies and legal obligations, including the UK Bribery Act and Anti-Money Laundering regime.
4

Kind to Animals

0

Braemar PLC is a service-oriented company providing shipbroking, financial advisory, and logistics services. The provided articles do not contain specific, measurable evidence related to animal testing, animal-derived products, animal agriculture, or direct animal welfare practices. While the company's 'Braemar Offset' initiative includes projects aimed at protecting habitats for critically endangered species in Indonesia

1
, the articles do not provide measurable biodiversity impact, species recovery metrics, or the percentage of revenue allocated to these initiatives, which are required for scoring the 'wildlife_conservation_impact' KPI. Similarly, mentions of engagement with financial regulations are not relevant to 'public_policy_engagement' concerning animal welfare. Therefore, no KPIs under the 'Kind to Animals' value can be scored based on the available information.

No War, No Weapons

0

Braemar signed a seven-year contract worth up to £9.9 million with the UK Ministry of Defence in 2022, providing shipbroking services.

1
The company is also involved in developing LNG containment systems, a technology explicitly stated as being without direct military applications
2
and unrelated to military operations, meaning it has no dual-use items requiring screening.
3
Furthermore, Braemar's ESG policy, updated in October 2023, states it does not invest in companies that derive revenue from controversial weapons or civilian firearms.
4

Planet-Friendly Business

20

Braemar has been carbon neutral since 2017

1
, achieving this through investments in offset programs that cover 100% of its residual emissions
2
. These offsets are sourced from globally accredited projects
3
and vetted by ESG experts
4
. The company's total Scope 1, 2, and 3 emissions averaged approximately 700 tonnes of carbon dioxide equivalent annually over the last five years
5
. In April 2023, Braemar was recognized as one of 'Europe's Climate Leaders' for its progress in reducing Scope 1 and 2 emissions
6
. The company plans to develop a strategy for transitioning to net-zero carbon emissions by 2025
7
and aims to collaborate with expert organizations to protect marine biodiversity by the same year
8
. Braemar also launched 'Braemar Offset' in June 2022
9
, a digital platform for clients to track and offset vessel emissions
10
, and is expanding its renewables offering to support the low-carbon transition
11
.

Respect for Cultures & Communities

0

No specific, concrete evidence was found in the provided articles to assess Braemar Plc against any of the 'Respect for Cultures & Communities' KPIs. Information regarding formal partnerships with indigenous or local community groups, revenue reinvested in local development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community grievance mechanisms, complaint resolution times, FPIC participation, community governance inclusion, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license, cultural charitable giving, community fund allocation, language inclusivity, cultural incident response, or cultural training completion for Braemar Plc was not available. Some articles discussed other companies or contained general statements and future plans for Braemar, which do not constitute measurable evidence for the defined KPIs.

1

Safe & Smart Tech

0

Braemar's privacy policy indicates a commitment to data minimization, but explicitly states a 5-year retention period for customer contracts, identification verification, financial crime, anti-money laundering checks, and complaint details.

1
The company demonstrates strong regulatory compliance, explicitly stating adherence to UK GDPR and the Data Protection Act 2018,
2
and has invested in its compliance function, increasing headcount and using technology to improve systems.
3
It also obtained UK Organised Trading Facility approval in May 2025
4
and is applying for a European OTF.
5
User data control is supported by providing users with rights to access, rectification, erasure, restriction of processing, objection, data portability, and withdrawal of consent,
6
along with an opt-out for marketing.
7
The company prioritizes cybersecurity through regular penetration testing, software patching, and 24x7 monitoring by an outsourced Security Operations Centre,
8
alongside cyber due diligence for third-party risks.
9
Authentication security includes multi-factor authentication (MFA) and frequent complex password changes.
10
A group-wide training program is in place to ensure employee awareness of legal and regulatory obligations.
11

Zero Waste & Sustainable Products

-40

Braemar has implemented an IT upgrade program across the business, replacing old desktop computers with new efficient laptops, which serves as a waste reduction initiative.

1
The company has set a target to achieve net zero emissions by 2050, including a 90% reduction target by 2050 or sooner, calculated from a 2023 baseline and aligned with the Science-Based Targets initiative (SBTi) methodology.
2
Furthermore, Braemar provides comprehensive advisory services to clients on greener recycling practices for end-of-life vessels
3
, facilitates climate-smart shipping
4
, and shares best practices at industry events and global forums
5
. This includes advising on alternative fuels
6
, providing analysis on the transition to a green economy
7
, and offering the Braemar Offset platform and a weekly 'Net Zero Report' to help clients make sustainable decisions.
8

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.