Brookfield Property Group

New York
Real Estate

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Brookfield Property Group, vets vendors for LGBTQ policies and does not provide viewpoint protections for its employees. However, the company has not publicly terminated business relationships based on views or beliefs. Brookfield is a signatory to the United Nations Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices. It regularly supports LGBTQ Pride and has frequently used corporate funds to support LGBTQ organizations. However, the company does not appear to discriminate against religious organizations in its charitable giving and has not used its political contributions for ideological purposes. For these reasons, Brookfield Property Group receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Brookfield is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (1). The company has a written policy pledging to vet vendors for LGBTQ policies. Its Vendor Code of Conduct requires vendors to include sexual orientation in its nondiscrimination policy (2). However, the company has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Brookfield does not appear to discriminate against religious organizations in its charitable giving (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Brookfield does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Brookfield regularly supports LGBTQ Pride (1)(2)(3). The company supports ESG within its business practices. “100% of [its] board meetings covered ESG risks and opportunities” and it has “been recognized for [its] efforts by ESG industry experts on multiple fronts” It also conducts annual ESG training for its leadership team (4). Brookfield is committed to carbon neutrality by 2050 (5).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Brookfield Cares donated to AKT an LGBTQ+ young adult help center in 2022 and collaborated with Pride Circle Foundation which promotes LGBTQ+ inclusion (1)(2). The company sponsored a pride march to show its support for the LGBTQ+ community and partners with Institutional Limited Partners which advocates for an inclusive environment (3)(4).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Brookfield has not used its PAC donations or lobbying for ideological purposes (1)(2).

All links were last accessed and all information was updated on:
November 9, 2023

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