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 87% 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 21,007,000 kg CO2e, with emissions distributed across Scope 1 (1,182,000 kg CO2e), Scope 2 (9,802,000 kg CO2e), and Scope 3 (about 10,023,000 kg CO2e). 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 10,481,000 kg CO2e, with Scope 1 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 shows a concerning rise in emissions, especially in Scope 3, which often represents the largest share of a company's carbon footprint. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. However, it is essential to note that Apollo's emissions intensity for Scopes 1 and 2 was reported at 1,960 kg CO2e per employee in 2019, indicating a focus on improving operational efficiency. Overall, while Apollo has made strides in reporting its emissions, the lack of defined reduction targets raises questions about its long-term climate strategy and commitment to sustainability.
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.