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 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Ares Capital Corporation reported total carbon emissions of approximately 4,210,000 kg CO2e, comprising 1,787,000 kg CO2e from Scope 2 and 2,230,000 kg CO2e from Scope 3 emissions. The company has not disclosed any emissions data for the years 2021 and 2022, nor has it provided specific Scope 1 emissions figures. Ares Capital has not set any documented reduction targets or initiatives, nor does it appear to have cascaded any climate commitments from a parent organisation. The absence of specific climate pledges or SBTi targets indicates a lack of formalised climate action strategies at this time. Overall, Ares Capital's emissions data reflects a significant reliance on Scope 2 and Scope 3 emissions, highlighting the need for enhanced transparency and commitment to climate action in future reporting.
Access structured emissions data, company-specific emission factors, and source documents
2020 | |
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Scope 1 | - |
Scope 2 | 1,787,000 |
Scope 3 | 2,230,000 |
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 participating in any 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.