Ares Commercial Real Estate Corporation, often referred to as Ares CRE, is a prominent player in the commercial real estate industry, headquartered in the United States. Founded in 2013, the company has rapidly established itself as a leader in providing innovative financing solutions across major operational regions, including the East Coast and West Coast. Specialising in commercial mortgage loans, Ares CRE distinguishes itself through its deep market expertise and a commitment to tailored financial solutions. The firm has achieved significant milestones, including a robust portfolio of investments and a reputation for reliability in the competitive real estate market. With a focus on delivering value to clients, Ares Commercial Real Estate Corporation continues to solidify its position as a trusted partner in the evolving landscape of commercial real estate finance.
How does Ares Commercial Real Estate Corporation'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 Real Estate Services 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 Commercial Real Estate Corporation's score of 30 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ares Commercial Real Estate Corporation, headquartered in the United States, has made significant commitments towards addressing climate change, although specific carbon emissions data is currently unavailable. The company has set a long-term net-zero target, aiming for full emissions reduction across all scopes by 2050. This commitment is part of their alignment with the Science Based Targets initiative (SBTi), which underscores their dedication to sustainable practices within the real estate sector. While no absolute emissions figures are reported, Ares Commercial Real Estate Corporation is actively engaged in climate initiatives, having previously been a member of the BA1.5 group, which focuses on limiting global warming to 1.5 degrees Celsius. However, it is important to note that some near-term targets have been removed, indicating a shift in their strategic approach. As the company continues to develop its climate strategy, it remains committed to transparency and accountability in its environmental impact, reflecting a growing trend within the real estate industry to prioritise sustainability and carbon neutrality.
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 Commercial Real Estate Corporation is participating in some of the initiatives that 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.
