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 17 is lower than 87% 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 had emissions of around 1,946,000 kg CO2e for Scope 2 and approximately 10,898,000 kg CO2e for Scope 3. Notably, Ares Capital has not disclosed any emissions data for the years 2021 and 2022. Despite the absence of specific reduction targets or initiatives, Ares Capital's emissions profile indicates a focus on managing Scope 2 and Scope 3 emissions, which are critical for understanding the broader environmental impact of their operations. The company has not committed to any formal climate pledges or reduction targets, reflecting a potential area for future improvement in their sustainability strategy.
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.