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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 in financial intermediation services, specifically excluding insurance and pension funding services. The firm operates across key regions, including North America, Europe, and Asia, providing a diverse range of investment solutions.
Ares is renowned for its expertise in credit, private equity, and real estate, offering unique products that cater to a variety of investor needs. 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 approach and innovative investment strategies have solidified its position as a prominent player in the financial services industry.
38
DitchCarbon score
+1 vs industry average
Ares Management’s score of 38 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Ares Management's reported carbon emissions
Ares Management reported total carbon emissions of approximately 42.85 million kg CO2e in 2023. This includes about 47,000 kg CO2e from Scope 1, 5.43 million kg CO2e from Scope 2 (market-based), and 36.01 million kg CO2e from Scope 3 emissions.
In 2022, the company's total emissions were approximately 19.27 million kg CO2e, comprising around 35,000 kg CO2e from Scope 1, 3.11 million kg CO2e from Scope 2 (market-based), and 15.33 million kg CO2e from Scope 3.
Looking back to 2021, Ares Management's total emissions were approximately 6.21 million kg CO2e, with around 46,900 kg CO2e from Scope 1, 2.36 million kg CO2e from Scope 2 (market-based), and 3.78 million kg CO2e from Scope 3. Specific Scope 3 categories disclosed for 2021 include approximately 1.28 million kg CO2e from employee commute, 44,200 kg CO2e from waste generated in operations, 186,500 kg CO2e from fuel and energy-related activities, and 83,200 kg CO2e from upstream transportation and distribution.
The company has set long-term net-zero GHG emission reduction targets for Scope 1 and Scope 2 by financial year 2050. These commitments are for Ares Management Corporation itself, as indicated by the cascading information. It should be noted that ARE Oy, a separate entity, has a "Committed" status for near-term Science Based Targets initiative (SBTi) targets, but this is not directly cascaded to Ares Management Corporation.
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Ares Management’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Ares Management22 days ago
38
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Frequently asked questions
Common questions about Ares Management’s sustainability data and climate commitments
Usage policy
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