Brookfield Asset Management Ltd

Lobbying Transparency and Governance

Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:

Direct Lobbying Transparency
Overall Assessment Comment Score
Moderate Brookfield Asset Management offers a moderate level of transparency on its climate-related lobbying. The company explicitly names two major policy files it has engaged on—the U.S. Inflation Reduction Act (IRA) and Europe’s RePowerEU programme—demonstrating that its advocacy is directed at identifiable pieces of legislation rather than only broad themes. It also explains several ways it seeks to influence policy, stating that it “advocated within Congress and to the Biden administration” on the IRA and that it “worked alongside trade groups and industry coalitions,” while additionally contributing to public consultations through groups such as REALPAC and BOMA. These disclosures identify both direct and indirect mechanisms and at least two specific government targets, although details such as the form of those engagements (letters, meetings, testimony, etc.) and the targets for non-U.S. advocacy are left unspecified. On the outcomes sought, Brookfield discloses only a broad objective—securing “policy certainty and fair treatment across renewable energy technologies”—and otherwise speaks generally about supporting clean-energy mandates and carbon pricing, without setting out concrete amendments, targets, or timelines. Taken together, the company provides clear indications of what it lobbies on and how it does so, but offers limited insight into the precise policy changes it wants to achieve. 2
Lobbying Governance
Overall Assessment Comment Score
None Brookfield Asset Management does not clearly disclose any specific governance process for its climate-related lobbying activities. Although the company highlights that “we seek opportunities to work with public stakeholders where we can help shape public opinion and influence government actions and decisions,” and that it “advocate[s] directly and through our involvement with trade associations for topics such as renewable mandates, carbon pricing, and research and development,” it does not describe a policy, internal review mechanism, or board sign-off to ensure alignment of those lobbying activities with its climate goals. References to governance bodies such as the “Net Zero Operational Committee” and the “ESG Steering Committee” focus on broader ESG initiatives rather than on oversight or monitoring of lobbying, and there is no disclosure of a named individual or committee tasked with reviewing or managing lobbying alignment with climate policy. We found no evidence of any formal process for reviewing climate lobbying activities or criteria for assessing the company’s participation in industry associations. 0