Ares Capital Corp
Ares Capital's GHG Emissions Data Preview
In 2021, Ares Capital completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, Ares Capital has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2021 | 2020 | 2019 | 2018 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature. b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. b | Copy/Paste is a PRO feature. b | 0000000 |
Verified Sources Behind Ares Capital’s Greenhouse Gas (GHG) Emissions Data
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Insights into Ares Capital's Operational Emissions
In 2021, the total operational greenhouse gas (GHG) emissions of Ares Capital amounted to 2,376.4 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2020, the total operational greenhouse gas (GHG) emissions of Ares Capital increased by 32.98%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Ares Capital's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Ares Capital's Scope 1 emissions?
In 2021, the total Scope 1 emissions of Ares Capital were 46.9 metric tons of CO₂ equivalent (tCO₂e).a
What are Ares Capital's Scope 2 emissions?
In 2021, Ares Capital reported Scope 2 greenhouse gas (GHG) emissions of 2,362.8 tCO₂e using the market-based method and 2,329.5 tCO₂e using the location-based method.a
Has Ares Capital reduced its Scope 2 emissions over time?
Since 2019, Ares Capital's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 19.71%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2020), Ares Capital's Scope 2 emissions (Location-Based) rose by 30.36% in 2021, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Ares Capital use for Scope 2 reporting?
In 2021, Ares Capital reported its Scope 2 emissions using the market-based method and using the location-based method.a
Ares Capital's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Ares Capital's Value Chain Emissions
In 2021, Ares Capital reported 3,783.3 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2021 disclosure of Ares Capital includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2020, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
Ares Capital's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Ares Capital's Scope 3 emissions?
In 2021, Ares Capital reported total Scope 3 emissions of 3,783.3 metric tons of CO₂ equivalent (tCO₂e).a
Has Ares Capital reduced its Scope 3 emissions over time?
Since 2019, Ares Capital's Scope 3 emissions have decreased by 65.28%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2020), Ares Capital's Scope 3 emissions increased by 69.65%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
Insights into Ares Capital’s GHG Emissions Intensity Compared to Industry Peers
In 2021, Ares Capital reported Scope 1 greenhouse gas (GHG) emissions of 46.9 tCO₂e and total revenues of USD 1,681 millions. This translates into an emissions intensity of 0.03 tCO₂e per millions USD.a
Ares Capital's Scope 1 Emissions Intensity Compared to Peers
How does Ares Capital's GHG emissions intensity compare to its peers?
In 2021, Ares Capital reported a Scope 1 emissions intensity of 0.03 tCO₂e per millions USD. Compared to the peer group median of 0.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Ares Capital rank on GHG emissions intensity within its industry?
In 2021, Ares Capital ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Ares Capital among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Ares Capital's Total Carbon Footprint
In 2021, Ares Capital reported a total carbon footprint of 6,159.7 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 53.34% increase compared to 2020, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Ares Capital's total carbon footprint was Scope 3 emissions, accounting for 61.42% of the company's total carbon footprint, followed by Scope 2 emissions at 37.82%.a