{"query_echo":{"q":"","filters":{"analysis_type":["emissions accounting"]},"warnings":[{"code":"facet_value_not_in_vocabulary","message":"Value 'emissions accounting' for facet 'analysis_type' is not in the controlled vocabulary."}]},"total":{"value":2,"relation":"eq"},"page":1,"page_size":20,"self":"https://climateinsightsdirectory.org/api/v1/search?analysis_type=emissions+accounting","stability":"beta","ai_marking":{"digital_source_type":{"uri":"http://cv.iptc.org/newscodes/digitalsourcetype/trainedAlgorithmicMedia","name":"Created using Generative AI"},"notice":"Summary and key insights are generated using artificial intelligence."},"results":[{"id":"pestake-000007","url":"https://climateinsightsdirectory.org/document/pestake-000007","title":"Brookfield’s Climate Paradox: Climate Pledges vs. Fossil Fuel Reality","publisher":{"name":"Private Equity Stakeholder Project","organization":"private-equity-stakeholder-project"},"document_type":"executive summary","language":"en","date_published":"2023-12-05","source_url":"https://pestakeholder.org/reports/brookfields-climate-paradox-climate-pledges-vs-fossil-fuel-reality/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The report alleges that Brookfield Corporation engages in greenwashing by underreporting its carbon footprint and maintaining significant fossil fuel investments, specifically through its ownership of Oaktree Capital, while publicly pledging to reach net-zero emissions.","ai_generated":true,"unit":"pestake-000007#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Brookfield Corporation's actual annual emissions from fossil fuel investments, including those of Oaktree Capital, are estimated at 159 million metric tons of CO2 equivalent (CO2e), which is nearly 14 times the 11.8 million mt CO2e disclosed in the company's sustainability reports.","ai_generated":true,"unit":"pestake-000007#insight-1","date_modified":"2026-10-23"},{"text":"The acquisition of a majority stake in Oaktree Capital Management added assets responsible for an estimated 82 million mt CO2e per year, including investments in methane polluters such as Caerus Oil & Gas, yet these emissions were omitted from Brookfield's 2021 and 2022 sustainability reports.","ai_generated":true,"unit":"pestake-000007#insight-2","date_modified":"2026-10-23"},{"text":"Brookfield's net-zero commitment is considered unreliable due to the company's incomplete accounting of Scope 3 emissions, which represent the largest part of a financial institution's carbon footprint.","ai_generated":true,"unit":"pestake-000007#insight-3","date_modified":"2026-10-23"}],"climate_tags":["Net-zero emissions","greenwashing","Scope 3","methane emissions","carbon footprint"],"geography_discussed":["Canada"],"frame_perspective":[],"analysis_type":["corporate accountability","emissions accounting"]},{"id":"pecliri-000004","url":"https://climateinsightsdirectory.org/document/pecliri-000004","title":"Brookfield’s Climate Paradox: Climate Pledges vs. Fossil Fuel Reality","publisher":{"name":"Private Equity Climate Risks","organization":"private-equity-climate-risks"},"document_type":"report","language":"en","date_published":"2023-12-04","source_url":"https://peclimaterisks.org/brookfield-emissions/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"Brookfield Corporation claims to be a leader in decarbonization with a goal of net-zero emissions by 2050, yet it maintains a vast portfolio of over 215 fossil fuel assets. The report estimates these assets emit nearly 159 million metric tons of CO2e annually, a figure approximately 14 times higher than what Brookfield discloses in its sustainability reports. A significant portion of these emissions stems from Oaktree Capital Management, which Brookfield owns 61% of but excludes from its sustainability reporting. The report also highlights the contradiction in the leadership of Mark Carney, who advocates for global net-zero targets while overseeing these investments. Geographically, the portfolio is concentrated in North America, with significant assets in the United States and Canada, as well as international investments in the United Arab Emirates.","ai_generated":true,"unit":"pecliri-000004#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Brookfield's estimated annual emissions from its fossil fuel portfolio are nearly 159 million metric tons of CO2 equivalent (CO2e), which is approximately 14 times the 11.8 million mt CO2e disclosed in its most recent sustainability report.","ai_generated":true,"unit":"pecliri-000004#insight-1","date_modified":"2026-10-23"},{"text":"The firm's fossil fuel holdings include at least 215 different assets across 31 portfolio companies, spanning the entire supply chain from extraction to power generation.","ai_generated":true,"unit":"pecliri-000004#insight-2","date_modified":"2026-10-23"},{"text":"Oaktree Capital Management, which is 61% owned by Brookfield, contributes significantly to the total emissions footprint, with an estimated 82 million mt CO2e per year, yet Brookfield excludes Oaktree's activities from its 2021 and 2022 Sustainability Reports.","ai_generated":true,"unit":"pecliri-000004#insight-3","date_modified":"2026-10-23"},{"text":"Three upstream companies—Diversified Energy Company, Vedanta Resources, and Caerus Oil and Gas—account for approximately 48% of the total annual estimated emissions for Brookfield and Oaktree, totaling about 76 million mt CO2e.","ai_generated":true,"unit":"pecliri-000004#insight-4","date_modified":"2026-10-23"},{"text":"Caerus Oil & Gas, an Oaktree portfolio company, is identified as the third highest methane polluter among the top 100 US oil and gas producers and the ninth highest greenhouse gas emitter.","ai_generated":true,"unit":"pecliri-000004#insight-5","date_modified":"2026-10-23"},{"text":"Brookfield maintains significant midstream assets, including the Sabine Pass and Cove Point LNG terminals in the US, the Dalrymple Bay Coal Terminal in Australia, and a gas pipeline network in the United Arab Emirates.","ai_generated":true,"unit":"pecliri-000004#insight-6","date_modified":"2026-10-23"},{"text":"The report argues that Brookfield's net-zero commitment is undermined by an incomplete accounting of Scope 3 emissions and the use of complex private equity structures to avoid transparency and regulatory oversight.","ai_generated":true,"unit":"pecliri-000004#insight-7","date_modified":"2026-10-23"}],"climate_tags":["Net-zero emissions","Scope 3","greenwashing","methane emissions","liquefied natural gas","renewable energy","climate finance","environmental, social and corporate governance"],"geography_discussed":["Canada","United States","United Arab Emirates","Australia"],"frame_perspective":[],"analysis_type":["corporate accountability","emissions accounting"]}]}