Ares Capital Corporation, commonly referred to as Ares Capital, is a leading player in the business development company sector, headquartered in the United States. Founded in 2004, Ares Capital has established a strong presence in the private equity and debt markets, primarily focusing on middle-market companies across various industries. With a commitment to providing flexible financing solutions, Ares Capital offers a range of services, including senior secured loans, mezzanine debt, and equity investments. Their unique approach combines deep industry expertise with a robust network, enabling them to tailor solutions that meet the specific needs of their clients. Recognised for its strong market position, Ares Capital has achieved significant milestones, including a substantial portfolio of investments and a reputation for delivering consistent returns. This positions Ares Capital as a trusted partner for businesses seeking growth and financial stability.
How does Ares Capital'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.
Ares Capital's score of 23 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Ares Capital reported carbon emissions of approximately 1,787,000 kg CO2e for Scope 2 and about 2,230,000 kg CO2e for Scope 3. The company had no reported emissions for Scope 1. In 2019, emissions were significantly higher, with Scope 2 emissions at around 1,946,000 kg CO2e and Scope 3 emissions reaching approximately 10,898,000 kg CO2e. Despite these figures, Ares Capital has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of detailed emissions data for the years 2021 and 2022 suggests a potential gap in their reporting or a shift in their emissions profile. Overall, while Ares Capital has made strides in tracking their emissions, the lack of clear climate commitments or reduction strategies indicates an area for improvement in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 1,946,000 | 0,000,000 |
Scope 3 | 10,898,000 | 0,000,000 |
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.
Ares Capital 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.