Berkshire Hathaway

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Berkshire Hathaway, American holding company based in Omaha, Nebraska, that serves as an investment vehicle for Warren Buffett. In the early 21st century it was one of the largest corporations, measured by revenues, in the United States. The company was also notable for the high price of its stock (some $350,000 for one Class A share in 2020) and the small size of its headquarters staff (about 25 people). Berkshire Hathaway traces its history back to two Massachusetts textile firms: Hathaway Manufacturing Company (incorporated 1888) and Berkshire Cotton Manufacturing Company (incorporated 1889). Berkshire Cotton became Berkshire Fine Spinning Associates in 1929 and merged with Hathaway to form Berkshire Hathaway, Inc., in 1955. An investment group led by Buffett took full control of the company in 1965. Berkshire Hathaway liquidated its textile operations in 1985, by which time it was well-established as a holding company for Buffett’s other investments and corporate acquisitions.

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3.9

Overall Excellence Rating

Industry

Insurance Brokers & Agencies

Category

Insurance Carriers

ESG/Ethical Impact

The Berkshire Hathaway Sustainability Leadership Council (SLC) is an autonomous group of representatives from Berkshire Hathaway companies committed to championing the sustainability efforts of their organizations and serving as a resource to other Berkshire Hathaway subsidiaries as they create and execute their respective sustainability strategies. Share sustainability strategies ? Advance best practices on sustainability and ESG-related areas ? Provide subject matter expertise ? Support development of resource library ? Identify and communicate emerging sustainability issues ? Plan sustainability-related events, including annual sustainability summit for Berkshire companies. Council members actively participate in monthly calls and one in-person meeting ? Contribute resources and time required to achieve the objectives of the Council ? Champion efforts and achievements of subsidiary companies ? Encourage engagement from all Berkshire subsidiaries on sustainable practices ? Chair maintains interface with Berkshire Hathaway.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer.

Awards Received

2023

Revenues

$75,700,000,000.00

Website Traffic

Employee Rating

4.3

Customer Rating

5

Company Size

10000+

ESG Risk Rating

3

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