Throughout our history, we have learned that acting responsibly toward our stakeholders is fundamental to operating a productive, profitable business. It is for this reason that we embed environmental, social and governance (ESG) principles across our operations and pursue philanthropic initiatives that strengthen our foundations in the communities in which we do business.
These efforts help us ensure that our business model is sustainable well into the future.
With more than a century of experience as a business operator, we have developed expertise in areas such as energy and water conservation, reduction of greenhouse gas emissions, recycling and wildlife preservation. Across our businesses, we pursue innovative programs that foster environmental responsibility.
As we pursue our value-related goals, the following principles and associated practices ensure that we manage our investments with integrity, balancing economic goals with good corporate citizenship.
Ensuring the Well-Being and Safety of Employees
Employee Well-Being: Meet or exceed all applicable labor laws and standards in jurisdictions where we operate, which includes respecting human rights, offering competitive wages and implementing nondiscriminatory, fully inclusive hiring practices.
Health & Safety: Aim to have zero serious safety incidents within our businesses by working towards implementing consistent health and safety principles across the organization.
Be Good Stewards in the Communities in Which We Operate
Community Engagement: Engage with community groups that might be affected by our actions to ensure that their interests, safety and well-being are appropriately integrated into our decision-making.
Philanthropy: Empower our employees to participate in — and use our resources to give back to — the communities in which we operate.
Mitigate the Impact of our Operations on the Environment
Environmental Stewardship: Strive to minimize the environmental impact of our operations and improve our efficient use of resources over time.
Conduct Business According to the Highest Ethical and Legal/Regulatory Standards
Governance, Ethics and Fairness: Operate with high ethical standards by conducting business activities in compliance with applicable legal and regulatory requirements, and with our Code of Business Conduct and Ethics.
Transparency: Be accessible to our investors and stakeholders by being responsive to requests for information and timely in our communication.
Being a good corporate citizen and operating with integrity is central to how we do business. We help build economies and communities globally.
We invest in our communities and partner with local organizations to provide creative solutions that respond to neighborhood development needs.
We believe we have a fundamental responsibility to help our clients and communities. In 2013,
we invested $110 million to non-profits and volunteered more than 540,000 hours.
Our leading scale and expertise help us reduce environmental risks while generating new opportunities to create a more sustainable global economy.
Governance and Ethics
Upholding fair and effective business practices is a cornerstone of being a responsible global citizen. Across Brookfield, we have adopted strong governance practices to ensure our activities are conducted with the utmost honesty and integrity and in full compliance with all legal and regulatory requirements. Brookfield’s Code of Business Conduct and Ethics sets out the commitments expected by Brookfield. We believe this is critical to maintaining the confidence of our customers, investors and invests.
Brookfield maintains a reporting hotline to report suspected unethical, illegal or unsafe behavior in English and other languages. The reporting hotline can be accessed online or by jurisdiction as noted in the Code of Conduct.