Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 214

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 4
Chunk 214
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 traditional territories they operate. Following these principles, when developing the NEBC Connector, a twinned pipeline project, NorthRiver conducted community-led land use Maintaining Indigenous Relationships studies with Indigenous communities to ensure that their voices were heard regarding potential project impacts. NorthRiver successfully received federal approval for the project in December 2023. In addition, NorthRiver has entered into Executed Relationship Agreements with two Treaty Eight First Nations to date. NorthRiver’s Indigenous Programs, which seek to advance employment, business opportunities and long-term meaningful relationships, include: Indigenous contracting initiative, relationship and project agreements, equity offerings, tangible community support and open communications.

Overview of Sustainability & the Investment Process

Brookfield’s sustainability strategy is centered on combining economic goals, supporting business resilience and preserving or creating value for our investors and stakeholders, now and in the future. Our global Sustainability Policy codifies our operating principles related to sustainability and illustrates our longstanding commitment to integrating sustainability into our asset management activities. Our Sustainability Policy is guided by the following principles:

• Mitigate the impact of our operations on the environment

◦ Strive to minimize the environmental impact of our operations and improve our efficient use of resources over time

◦Support the goal of net-zero greenhouse gas emissions by 2050 or sooner

•Strive to ensure the well-being and safety of employees

◦ Operate with leading health and safety practices to support the goal of zero serious safety incidents

◦ Foster a positive work environment based on meritocracy, valuing diversity and having zero tolerance for workplace discrimination, violence, or harassment

• Uphold strong governance practices

◦ Operate to the highest ethical standards by conducting business activities in accordance with our Code of Business Conduct and Ethics

◦ Maintain strong stakeholder relationships through transparency and active engagement

• Be good corporate citizens

◦ Strive to ensure the interests, safety and well-being of the communities in which we operate are integrated into our business decisions

◦ Support philanthropy and volunteerism by our employees

We seek to integrate sustainability into all aspects of investment decision-making and ongoing portfolio management. This includes initial due diligence, financial model and business trends, investment valuations, performance monitoring and engaging with management teams. Our investment processes align with the PRI.

Brookfield Infrastructure 99

As part of investment due diligence, we seek to assess sustainability-related risks and opportunities and factor them into the overall investment decision. This includes leveraging leading industry guidance to identify sustainability factors most likely to materially impact the financial condition or operating performance of companies in a