What is Brookfield's approach to sustainability?

Brookfield Asset Management has established a comprehensive approach to sustainability that integrates environmental, social, and governance factors into its investment strategy and operations. The firm recognizes that sustainable practices are not only essential for corporate responsibility, but they also enhance long-term value for investors and other stakeholders. Brookfield prioritizes the management of environmental impacts across its various asset classes, focusing on reducing carbon emissions, improving energy efficiency, and promoting sustainable resource management. The firm emphasizes responsible investing by engaging with the companies it invests in to encourage sustainable practices. This commitment is reflected in its adherence to recognized frameworks such as the Principles for Responsible Investment. Additionally, Brookfield seeks to identify and invest in opportunities that support the transition to a more sustainable economy, such as renewable energy projects and green real estate developments. Socially, Brookfield is dedicated to fostering diversity, inclusion, and community engagement within its workforce and the communities where it operates. It believes that a diverse and inclusive environment drives innovation and better decision-making. Governance is another critical element of Brookfield's sustainability approach, as the company aims to uphold high ethical standards and ensure transparency in its operations. The firm measures and reports its sustainability progress regularly, highlighting its ongoing commitment to creating a positive impact. For more details on specific initiatives and policies, one may refer to the sustainability section on their official website.