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 78% 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. In 2019, the company recorded Scope 2 emissions of around 1,946,000 kg CO2e and Scope 3 emissions of approximately 10,898,000 kg CO2e. Notably, Ares Capital has not disclosed any Scope 1 emissions, indicating a potential focus on indirect emissions. Despite the available data, Ares Capital has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests that the company may still be in the early stages of formalising its climate action plans. As a financial services firm headquartered in the US, Ares Capital operates within an industry increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear sustainability goals moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 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.