Ares Management
Ares Management Corporation, commonly referred to as Ares, is a leading global alternative investment manager headquartered in the United States. Founded in 1997, Ares has established a strong presence across major operational regions, including North America, Europe, and Asia. The firm operates within the private equity, credit, and real estate sectors, offering a diverse range of investment solutions tailored to meet the needs of its clients. Ares is renowned for its innovative approach to asset management, providing unique products and services that leverage deep industry expertise and a robust network. With a commitment to delivering superior risk-adjusted returns, Ares has achieved significant milestones, including substantial growth in assets under management. The firm’s strategic positioning in the market is underscored by its reputation for excellence and a proven track record of success in navigating complex investment landscapes.
DitchCarbon Score
How does Ares Management'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.
Industry Average
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.
Industry Benchmark
Ares Management's score of 12 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ares Management's reported carbon emissions
In 2023, Ares Management reported total carbon emissions of approximately 42,848,000 kg CO2e. This figure includes 47,000 kg CO2e from Scope 1 emissions, 5,431,000 kg CO2e from Scope 2 emissions, and a significant 36,006,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the total emissions were about 19,269,000 kg CO2e, with Scope 1 emissions at 35,000 kg CO2e, Scope 2 at 3,114,000 kg CO2e, and Scope 3 emissions reaching 15,332,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023. In 2021, Ares Management's total emissions were approximately 6,206,000 kg CO2e, with Scope 1 emissions at 46,900 kg CO2e, Scope 2 at 2,380,000 kg CO2e, and Scope 3 at 3,783,300 kg CO2e. Despite the increase in emissions over the years, Ares Management has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. Overall, Ares Management's emissions data highlights the importance of establishing clear climate commitments and reduction strategies to address their significant carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000 | 00,000 | 00,000 |
| Scope 2 | 1,947,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 10,898,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 Management 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.
