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 33 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Apollo reported total carbon emissions of approximately 31,000,000 kg CO2e, with emissions distributed across various scopes: 1,182,000 kg CO2e from Scope 1, 9,802,000 kg CO2e from Scope 2, and 21,007,000 kg CO2e from Scope 3. This marked a significant increase in total emissions compared to previous years, particularly in Scope 3 emissions. In 2022, Apollo's total emissions were about 27,000,000 kg CO2e, with Scope 1 emissions at 1,171,000 kg CO2e, Scope 2 at 8,546,000 kg CO2e, and Scope 3 at 10,481,000 kg CO2e. The trend indicates a growing reliance on activities contributing to Scope 3 emissions, which often encompass the supply chain and product use. The company has not disclosed specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi) or other climate pledges. This lack of formal commitments may reflect a broader industry context where many companies are still developing comprehensive climate strategies. Overall, Apollo's emissions data highlights the need for enhanced climate commitments and reduction strategies to address the increasing carbon footprint, particularly in Scope 3 emissions, which are often the most challenging to manage.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,883,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 9,332,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 2,333,000 | 000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Apollo is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.