Ares Management Corp
Ares Management's GHG Emissions Data Preview
In 2023, Ares Management 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 Management has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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bVerified Sources Behind Ares Management’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 Management’s data sources below and access millions more through our Disclosure Search.
Insights into Ares Management's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Ares Management amounted to 6,632 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 2022, the total operational greenhouse gas (GHG) emissions of Ares Management increased by 74.25%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Ares Management's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Ares Management's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Ares Management were 47 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Ares Management's Scope 1 emissions increased by 34.29%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Ares Management's Scope 2 emissions?
In 2023, Ares Management reported Scope 2 greenhouse gas (GHG) emissions of 6,796 tCO₂e using the market-based method and 6,585 tCO₂e using the location-based method. a
Has Ares Management reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Ares Management's Scope 2 emissions (Location-Based) rose by 74.62% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Ares Management use for Scope 2 reporting?
In 2023, Ares Management reported its Scope 2 emissions using the market-based method and using the location-based method. a
Ares Management's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Ares Management's Value Chain Emissions
In 2023, Ares Management reported 36,006 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 2023 disclosure of Ares Management includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Ares Management's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Ares Management's Scope 3 emissions?
In 2023, Ares Management reported total Scope 3 emissions of 36,006 metric tons of CO₂ equivalent (tCO₂e). a
Has Ares Management reduced its Scope 3 emissions over time?
Since 2019, Ares Management's Scope 3 emissions have increased by 230.39%, reflecting a rising long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2022), Ares Management's Scope 3 emissions increased by 134.84%, suggesting that the company faced challenges in reducing emissions across its value chain. a
Insights into Ares Management’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Ares Management reported Scope 1 greenhouse gas (GHG) emissions of 47 tCO₂e and total revenues of USD 5,000 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD. a
Ares Management's Scope 1 Emissions Intensity Compared to Peers
How does Ares Management's GHG emissions intensity compare to its peers?
In 2023, Ares Management reported a Scope 1 emissions intensity of 0.01 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 Management rank on GHG emissions intensity within its industry?
In 2023, Ares Management 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 Management among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Ares Management's Total Carbon Footprint
In 2023, Ares Management reported a total carbon footprint of 42,638 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 122.79% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Ares Management's total carbon footprint was Scope 3 emissions, accounting for 84.45% of the company's total carbon footprint, followed by Scope 2 emissions at 15.44%. a