Oaktree Capital
Asset management
Formed in 1995. Today they have offices in 19 cities in 14 countries, with the majority of their investments in North America. Canada's Brookfield Asset Management bought 62% of Oaktree in 2019. Previously owned surfwear giants Quiksilver and Billabong.

Overall

Owned CAN
Rating F
About the Ratings

Company Ownership

Oaktree Capital Management LP
USA
Brookfield Asset Management Ltd
owns 62% of Oaktree Capital Management LP
CAN
Asset management
Global alternative asset manager with over US$750 billion of assets under management across renewable power & transition, infrastructure, private equity, real estate, and credit.
Brookfield Corporation
owns 75% of Brookfield Asset Management Ltd
CAN
Asset management
Formerly Brookfield Asset Management Inc. One of the world's largest alternative investment management companies. Acquired Oaktree Capital in 2019.

Company Assessment

(Last updated Nov 2024)
Oaktree Capital Management LP
Criticism
Involvement in gambling
This company has an investment in two companies which supply products to the gambling sector, Interblock and J&J Ventures Gaming.
Information
Unconventional oil & gas operations
This company has an investment in EXCO Resources, an unconventional oil and natural gas exploration, exploitation, development and production company, with a focus on shale resource plays. Operates mainly in Texas, Louisiana, and Appalachia.
Involvement with Israel
This company is recommended for divestment by the Project of the American Friends Service Committee for its involvement in the Israeli occupation of parts of Palestine. Oaktree bought Veolia's operations in Israel, including a dump site in the occupied West Bank and a wastewater facility that serves illegal settlements.
Source: AFSC (2021)
Socially responsible investing claims
Foolow the link to see this company's policy on socially responsible investing.
UN Principles for Responsible Investment signatory
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Brookfield Asset Management Ltd
Criticism
6/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2022 and received a score of 6/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
22/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 22/100 in the Diversified Financial Services and Capital Markets category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 22 Sept 2023). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Information
Responsibility claims
This company has responsibilty claims on its website in the areas of community support, reducing environmental impact, integrating ESG principles, and policy statements.
Brookfield Corporation
Criticism
11% in Human Rights Benchmark
This company was among the worst-performers in the Renewable Energy & Human Rights Benchmark 2021, which evaluates the human rights policies and practices of 15 of the largest global renewable energy companies. The highest score was 60% and the average score was 28%. This company scored 11%.
6.5/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2023 and received a score of 6.5/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
10.9% in Financial System Benchmark
The 2022 Financial System Benchmark ranks 400 financial institutions across three measurement areas: governance and strategy, respecting planetary boundaries (environment, climate and biodiversity) and adhering to societal conventions (human rights). This company ranked #206/400, with a total score of 10.9/100.
Information
41.5% in Newsweek Green Ranking 2017
This company received a score of 41.5/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
UN Principles for Responsible Investment signatory
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
41/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 41/100 in the Diversified Financial Services and Capital Markets category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sept 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
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Company Details

Type:
Public company
Founded:
1995
Revenue:
2.2 billion USD (2018)
Employees:
1,012 (2018)
Subsidiaries:
Marlin Management Services Ltd (50% owned)
Consumer durables
Acquired Albi in 2016, Decor in 2017, and Willow Ware in 2018. Serves more than 18,000 retailers throughout Australia and New Zealand. Acquired by investment companies Oaktree Capital Management and Alceon Group in 2019.
The Decor Corporation Pty Ltd
Homewares
Founded in Melbourne in 1958 and acquired by Marlin Brands in 2017. Bought Willow Ware in 2018.
Willow Ware Australia Pty Ltd
Houseware and cookware
Founded in Melbourne in 1887. Acquired Starmaid in 2013 to become the largest peg manufacturer in Australia. One manufacturing facility in Tullamarine, Melbourne. Acquired by Marlin Brands-owned Decor Corporation in 2018.

Contact Details

Address:
Los Angeles, California, USA
Website:
www.oaktreecapital.com

Products / Brands

Marlin Brands (50% owned)
Zanui Homewares Stores
Decor Corporation (50% owned)
Aura Pegs
Decor Food Storage Containers
Decor Brushware & Mops
Reva Pegs
Starmaid Document Storage
Willow BBQ Needs
Willow Document Storage