Apollo

Apollo has reported its carbon emissions and set climate commitments. In 2024, Apollo's Scope 1 emissions were approximately 1.2 million kg CO2e, its Scope 2 emissions were around 10.8 million kg CO2e, and its Scope 3 emissions totalled approximately 180.5 million kg CO2e. This includes about 15.3 million kg CO2e from business travel, roughly 5.1 million kg CO2e from employee commuting, approximately 156.6 million kg CO2e from purchased goods and services, and about 251,000 kg CO2e from waste generated in operations.

Looking ahead, Apollo has several climate commitments. It aims to achieve net-zero emissions globally by 2050. Additionally, one of its portfolio companies, Verallia SA, is committed to reducing Scope 1 and 2 greenhouse gas emissions by 27.5% across all operations between 2019 and 2030. Another portfolio company, Yondr, has a target to achieve net-zero Scope 1 and 2 carbon emissions by 2030. Novolex, another portfolio company, is committed to a 30% reduction in greenhouse gas emissions by 2030 from a 2019 baseline, and Miller Homes aims to reach net-zero carbon emissions by 2045. Furthermore, a Science Based Target initiative (SBTi) validated target exists to reach net-zero by 2040, aiming for a 77% reduction in Scope 1, 2, and 3 emissions (excluding category 11). There is also a target to reduce Scope 3 emissions from category 11 (Use of sold products) by 67% between 2018 and 2030.