Climate Change Data

Brown Advisory

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:2698 tCO2e/year
Scope 1 Emissions:2 tCO2e/year
Scope 2 Emissions:1121 tCO2e/year
Scope 3 Emissions:1575 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:3.98 MTCO2e/colleague (2019)

ESG Focus Areas

  • Climate Change
  • Diversity and Inclusion

Environmental Achievements

  • Calculated and reported carbon footprint for the first time (2,698 metric tons CO2e), planning to offset 100% of emissions starting in 2020.
  • Relocated data centers to mitigate weather-related disaster risks, with new centers being LEED certified.
  • Implemented policies banning single-use plastics and moving towards paperless operations.

Social Achievements

  • Developed a comprehensive Diversity & Inclusion (D&I) program with five pillars: Leadership, Assessment, Training, Recruiting, and Retention.
  • Established Colleague Resource Groups (CRGs) for various communities.
  • Achieved a perfect score of 100 on the Human Rights Campaign’s Corporate Equality Index (CEI) in its first year of submission.
  • Women and underrepresented minorities make up almost 40% of the executive team.

Governance Achievements

  • Maintained an independent board of directors and audit committee since founding.
  • Annual ethics and compliance training for all colleagues and board members.
  • Ethics and compliance hotline for reporting concerns.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Reducing carbon emissions from business travel.
  • Increasing diversity and inclusion across all levels of the firm.
  • Maintaining robust cybersecurity practices.
Mitigation Strategies
  • Offsetting 100% of CO2e emissions through RECs and carbon offset investments.
  • Implementing a comprehensive D&I strategy with specific goals.
  • Investing in a robust cybersecurity program with a SOC, third-party risk assessments, and other safeguards.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • More comprehensive policy to prohibit single-use plastic.

Climate-Related Risks & Opportunities

Physical Risks
  • Weather-related disasters
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: SustainServ

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed