Apollo, officially known as Apollo Global Management, Inc., is a leading investment firm headquartered in the United States. Founded in 1990, the company has established a strong presence in various operational regions, including North America, Europe, and Asia. Specialising in private equity, credit, and real estate, Apollo has consistently delivered innovative financial solutions tailored to meet diverse client needs. With a focus on value creation, Apollo's core services include asset management and investment advisory, setting it apart through its strategic approach and extensive industry expertise. The firm has achieved notable milestones, including significant acquisitions and a robust portfolio that underscores its market position as a top-tier investment manager. Apollo's commitment to excellence and strategic growth continues to drive its reputation in the competitive financial landscape.
How does Apollo's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Apollo's score of 59 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Apollo reported total carbon emissions of approximately 193,000,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 1,231,000,000 kg CO2e, while Scope 2 emissions (location-based) totalled approximately 10,854,000,000 kg CO2e. The most substantial impact came from Scope 3 emissions, which reached approximately 180,563,000,000 kg CO2e, primarily driven by purchased goods and services (about 156,608,000,000 kg CO2e) and business travel (approximately 15,318,000,000 kg CO2e). In 2023, Apollo's emissions were slightly lower, with total emissions of about 21,007,000,000 kg CO2e, comprising 1,182,000,000 kg CO2e from Scope 1, 9,802,000,000 kg CO2e from Scope 2, and 21,007,000,000 kg CO2e from Scope 3. This indicates a trend of increasing emissions over the years, particularly in Scope 3 categories. Apollo has set ambitious climate commitments, aiming for a 27.5% reduction in Scope 1 and 2 GHG emissions by 2030, based on a 2019 baseline. Additionally, the organisation is committed to achieving net zero emissions across all scopes by 2050. These targets reflect a proactive approach to addressing climate change and align with industry standards for sustainability. The emissions data is sourced from Apollo Global Management, Inc., and is not cascaded from any parent organisation. Apollo's climate initiatives are part of a broader commitment to sustainability and responsible management of environmental impacts.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,882,580 | 000,000 | 000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 9,331,940 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | - |
| Scope 3 | 2,333,000 | 000,000 | 0,000,000 | 00,000,000 | 00,000,000,000 | 000,000,000,000 |
Apollo's Scope 3 emissions, which increased by 760% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 87% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Apollo has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
