Ares Management Corporation
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate Change
- Diversity, Equity, and Inclusion (DEI)
- Philanthropy
- Responsible Investment
- Corporate Sustainability
Environmental Achievements
- Carbon neutral for Scope 1, 2, and 3 (business travel)
- Publishing inaugural TCFD Report in May 2022
- Sustainability Linked Lending
Social Achievements
- Ares and its PE portfolio companies are undergoing a deep strategic review of our DEI practices to drive multi-year improvement
- Great Places to Work certified
- HRC Corporate Equality Index Score of 100%
- $6.1 million contributed in 2020 for COVID relief, diversity programming and social justice initiatives
- 1,800+ volunteer hours in 2020
- 300+ team members in 2020 who participated in virtual service and fundraising events
- $560,000+ in matching dollars in 2020 to augment team members’ charitable donations
- $31 million in employee pledges for AltFinance: Investing in Black Futures
Governance Achievements
- Head of ESG reports directly to Ares’ CEO and President
- ~90 ESG champions lead bespoke ESG integration efforts within each line of business
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Certifications: Great Places to Work