Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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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 |