Company: BPYPN
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001545772-25-000008
Chunk: 43

Company: Brookfield Property Partners L.P.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 4
Chunk 43
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 years. In 2024, 14 of Brookfield’s real estate segments responded to GRESB. The GRESB survey is comprised of the Standing Investments Benchmark and Development Benchmark. Brookfield’s average score in the Standing Investments Benchmark was 84% in 2024, and Brookfield’s average score in the Development Benchmark was 92% in 2024. Brookfield’s scores are higher than the global averages of 76% and 92%, respectively, for the aforementioned benchmarks. Brookfield’s results highlight its integrated environmental data program, interim GHG emissions reduction target setting progress, and achieving building certifications by reducing our portfolio’s environmental footprint.

Our commitment to sustainability and intelligent design has earned us global recognition. Across Brookfield’s real estate business our properties have achieved 129 WELL Health & Safety certifications, 140 LEED certifications, 55 Energy Star certifications in the United States, 44 UL Verified Healthy Building certifications in the United States, 58 BOMA 360 office certifications in the United States and Canada, 82 IREM certifications in our Retail business in the United States, 40 NABERS certifications in Australia, 34 Fitwel certifications internationally, and 111 BREEM certifications in the United Kingdom.

Social

Diversity, Equity and Inclusion

Building a diverse, equitable and inclusive work environment reinforces our culture of collaboration and strengthens our ability to develop and promote all our people to their potential. Our approach to diversity, equity and inclusion is deliberate and integrated into our human capital development processes and initiatives. Over the past five years, our primary focus has been on gender diversity. Our efforts led to a significant increase in female representation at the senior levels. In addition to disciplined human capital processes and the development activities, we undertake other activities to reinforce the importance of diversity, equity and inclusion in our business. We continue our global process for employees to self-identify their ethnicity. This information assists us in identifying specific areas of focus related to increasing ethnic diversity. Our succession process includes identifying a diverse slate of candidates and focuses on the development of early career candidates through stretch roles and exposure. We support a number of Employee Resource Groups organized by employees around shared interests, characteristics or experiences. We are involved with several organizations to promote diverse representation in our talent pool, including summer interns.

Occupational Health and Safety

Managing health and safety risk is an integral part of the management of our business and the portfolio companies in which we invest. We have implemented a health and safety governance initiative to propagate a strong health and safety culture, encourage