Ares Management

Ares Management, a US-based financial intermediation services company, reported total greenhouse gas emissions of approximately 42.8 million kg CO2e in 2023. This figure includes scope 1, 2, and 3 emissions. In 2022, their total emissions were approximately 19.3 million kg CO2e. The company has set ambitious climate goals, aiming for net zero for scope 1 and 2 greenhouse gas emissions by FY2050. Ares Management also reported scope 1 emissions of approximately 47,000 kg CO2e and scope 2 emissions (market-based) of approximately 5.4 million kg CO2e in 2023. Scope 3 emissions for 2023 were approximately 36 million kg CO2e. While scope 3 data for purchased goods and services is noted as missing, the company's reporting spans all three scopes. In 2021, total emissions were approximately 6.2 million kg CO2e, with scope 1 at about 46,900 kg CO2e and scope 2 at approximately 2.3 million kg CO2e. Scope 3 emissions in 2021 were around 3.8 million kg CO2e. Prior to that, in 2020, total emissions were approximately 4.0 million kg CO2e, comprising approximately 1.8 million kg CO2e for scope 2 and 2.2 million kg CO2e for scope 3. Scope 1 emissions were reported as 0 kg CO2e in 2020. In 2019, total emissions reached approximately 12.8 million kg CO2e, with scope 2 at about 1.9 million kg CO2e and scope 3 at approximately 10.9 million kg CO2e. Scope 1 emissions were also reported as 0 kg CO2e in 2019. The company's emissions intensity per employee was reported as 15,000 kg CO2e in 2023, down from 7,520 kg CO2e in 2022. Emissions intensity per employee in 2021 was 2,750 kg CO2e.