Ares Capital Corp

Common Name
Ares Capital
Country
United States
Sector
Financial Services
Industry
Asset Management
Employees
N/A
Ticker
ARCC
Exchange
NASDAQ/NGS
Description
Ares Capital Corporation is a leading specialty finance company focused on providing innovative financing solutions to middle-market companies. As a business development company (BDC), it plays a pivo...

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)2021202020192018 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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Location-Based
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0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Ares Capital’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Ares Capital’s data sources below and access millions more through our Disclosure Search.

a. Ares Capital's GRI index 2021
a. Ares Capital's GRI index 2021
b. Ares Capital's Sustainability Report 2020
b. Ares Capital's Sustainability Report 2020

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. a b

Ares Capital's Scope 1 Emissions Over Time

201920202021015304560tCO2e
  • 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. a b

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 energy a b

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

20192020202106001.2 k1.8 k2.4 ktCO2e
  • 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

20192020202103 k6 k9 k12 ktCO2e-80%+70%
  • 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. a b

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. a b

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

5202002,00020,000Scope 1 Emissions (tCO2e)1005002,00020,00050,000Revenues (Millions of USD)ATEAAres ManagementYear: 2023Scope 1: 47 tCO2eRevenue: $M 5,000Scope 1 Intensity: 0.01 tCO2e/$MBlue Owl CapitalYear: 2024Scope 1: 6 tCO2eRevenue: $M 2,308Scope 1 Intensity: 0.00 tCO2e/$MInvescoYear: 2024Scope 1: 585 tCO2eRevenue: $M 6,068Scope 1 Intensity: 0.10 tCO2e/$MPrincipal Financial GroupYear: 2024Scope 1: 5,015 tCO2eRevenue: $M 16,130Scope 1 Intensity: 0.31 tCO2e/$MAAArtisan PartnersYear: 2024Scope 1: 106 tCO2eRevenue: $M 1,112Scope 1 Intensity: 0.10 tCO2e/$MSEI InvestmentsYear: 2023Scope 1: 117 tCO2eRevenue: $M 1,921Scope 1 Intensity: 0.06 tCO2e/$MTTTPGYear: 2023Scope 1: 287 tCO2eRevenue: $M 1,817Scope 1 Intensity: 0.16 tCO2e/$MApollo Global ManagementYear: 2024Scope 1: 1,231 tCO2eRevenue: $M 26,136Scope 1 Intensity: 0.05 tCO2e/$MCarlyle GroupYear: 2024Scope 1: 975 tCO2eRevenue: $M 3,402Scope 1 Intensity: 0.29 tCO2e/$MEEEquitable HoldingsYear: 2024Scope 1: 1,548 tCO2eRevenue: $M 12,434Scope 1 Intensity: 0.12 tCO2e/$MKKR & CoYear: 2022Scope 1: 786 tCO2eRevenue: $M 5,567Scope 1 Intensity: 0.14 tCO2e/$MRaymond James FinancialYear: 2022Scope 1: 392 tCO2eRevenue: $M 10,859Scope 1 Intensity: 0.04 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MAAAllianceBernstein HoldingYear: 2024Scope 1: 278 tCO2eRevenue: $M 462Scope 1 Intensity: 0.60 tCO2e/$MNorthern TrustYear: 2021Scope 1: 1,797 tCO2eRevenue: $M 6,464Scope 1 Intensity: 0.28 tCO2e/$MBlackRockYear: 2023Scope 1: 6,689 tCO2eRevenue: $M 17,861Scope 1 Intensity: 0.37 tCO2e/$MAmeriprise FinancialYear: 2023Scope 1: 5,534 tCO2eRevenue: $M 15,536Scope 1 Intensity: 0.36 tCO2e/$MMorningstarYear: 2024Scope 1: 239 tCO2eRevenue: $M 2,274Scope 1 Intensity: 0.11 tCO2e/$MT Rowe Price GroupYear: 2024Scope 1: 1,845 tCO2eRevenue: $M 7,093Scope 1 Intensity: 0.26 tCO2e/$MAffiliated Managers GroupYear: 2022Scope 1: 601 tCO2eRevenue: $M 2,329Scope 1 Intensity: 0.26 tCO2e/$MState StreetYear: 2024Scope 1: 4,813 tCO2eRevenue: $M 12,917Scope 1 Intensity: 0.37 tCO2e/$MBROOKFIELD ASSET MANAGEMENTYear: 2024Scope 1: 322 tCO2eRevenue: $M 482Scope 1 Intensity: 0.67 tCO2e/$MTransUnionYear: 2024Scope 1: 286 tCO2eRevenue: $M 4,181Scope 1 Intensity: 0.07 tCO2e/$MBlackstoneYear: 2024Scope 1: 466 tCO2eRevenue: $M 10,939Scope 1 Intensity: 0.04 tCO2e/$MAres CapitalYear: 2021Scope 1: 47 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.03 tCO2e/$M

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 0.15 , 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 3 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. a b

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

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