AUM: $1 Trillion
CEO: Connor Teskey
HQ: New York, NY; Toronto, ON, Canada
What Changed: Brookfield’s portfolio company, Oaktree, exited several upstream investments since the 2024 scorecard report, which contributed to Brookfield’s overall significant reduction in emissions.
Read the Full Report and View 2026 Scorecard
Private Equity Fossil Fuel Asset Tracker
Brookfield/Oaktree Capital Management
View full tracker here.
2023 REPORT
Brookfield’s Climate Paradox: Climate Pledges vs. Fossil Fuel Reality
This report highlights a stark discrepancy between Brookfield’s reported emissions and its actual carbon footprint. Its current fossil fuel investments emit nearly 159 million metric tons of CO2 equivalent (CO2e) a year, much of that through its ownership of Oaktree Capital, a private equity firm with $183 billion in assets. This emissions figure is nearly 14 times higher than the figures Brookfield discloses in its most recent sustainability report.
The report is written by the Private Equity Stakeholder Project, Americans for Financial Reform Education Fund, and Global Energy Monitor.
2023 REPORT
Brookfield’s Climate Paradox: Climate Pledges vs. Fossil Fuel Reality
Updated: December 5, 2023
