Oaktree Capital Management

Oaktree Capital Management's reported carbon emissions

In 2024, Oaktree Capital Management reported total carbon emissions of approximately 14.7 million kg CO2e. This figure includes Scope 1 emissions of about 2.8 million kg CO2e, Scope 2 emissions of approximately 1.2 million kg CO2e (market-based), and significant Scope 3 emissions totalling around 10.7 million kg CO2e. The previous year, 2023, Oaktree's total emissions were approximately 12.7 million kg CO2e, with Scope 1 at about 2.5 million kg CO2e, Scope 2 at approximately 1.0 million kg CO2e (market-based), and Scope 3 at around 9.3 million kg CO2e. In 2022, the firm reported total emissions of about 8.5 million kg CO2e, with Scope 1 emissions of approximately 2.0 million kg CO2e, Scope 2 emissions of about 1.4 million kg CO2e (market-based), and Scope 3 emissions of around 5.2 million kg CO2e. Oaktree Capital Management has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The organisation does not appear to inherit emissions data from any parent company, indicating that all reported figures are directly from Oaktree Capital Management, L.P. Overall, Oaktree's emissions data reflects a growing trend in carbon output, particularly in Scope 3 emissions, which are often the most challenging to manage. The firm continues to engage with climate-related initiatives but has yet to establish formal reduction targets.