
Brookfield Corporation
Corporate Bias Rating
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Risk Level:
Summary:
Brookfield Corporation often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Brookfield occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.
View Full Corporate Bias Ratings ReportHas canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
Brookfield Corporation is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (1)(2). Brookfield Asset Management integrates ESG into its business practices, “actively look[ing] to advance ESG initiatives and improve ESG performance in driving long-term value creation throughout the lifecycle of our investments” (3). However, Brookfield Corporation has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (4).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Brookfield Corporation does not appear to discriminate against charitable organizations based on views or beliefs. Its charitable giving focus areas are “homelessness, youth and education, healthcare, and the environment” (1). From its 2022 Sustainability Report: “Our global matching program allows employees to donate to a not-forprofit of their choice and Brookfield will match their donation” (2).
Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.
Brookfield Asset Management is a signatory of the Institutional Limited Partners Association’s Diversity in Action Initiative, committing itself to specific actions that advance DEI within the governance and policies of the organization and the private equity industry more broadly (1)(2)(3). Brookfield Corporation and its subsidiaries do not provide viewpoint protections for its employees (4).
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Brookfield Public Securities Group is a signatory to the CFA Institute’s Diversity, Equity, and Inclusion Code, indicating its support of DEI in its recruitment, hiring, onboarding, and promotions. Furthermore, the company pledges to integrate DEI into its policies, promote DEI in the investment industry, and provide regular reporting on its DEI metrics to the CFA Institute (1)(2)(3). Brookfield Asset Management is part of the Net Zero Asset Managers initiative, committed to carbon neutrality with its investments by 2050 (4)(5). Brookfield Corporation is aligned with the Paris Agreement, which entails a commitment to net zero carbon emissions by 2050 (6). Brookfield Property Group’s former chairman Ric Clark is a signatory to CEOs for Gun Safety (7).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Uses corporate political actions and/or financial contributions for ideological, non-business purposes.
Board Bias
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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.