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.
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.
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 Management's score of 26 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. The previous year, 2022, saw total emissions of 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 at 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 of 46,900 kg CO2e, Scope 2 emissions of 2,380,000 kg CO2e, and Scope 3 emissions of 3,783,300 kg CO2e. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. However, it continues to report emissions across all three scopes, indicating a commitment to transparency in its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
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.