Ares Capital Corporation, commonly referred to as Ares Capital, is a leading player in the business development company sector, headquartered in the United States. Founded in 2004, Ares Capital has established a strong presence in the private equity and debt markets, primarily focusing on middle-market companies across various industries. With a commitment to providing flexible financing solutions, Ares Capital offers a range of services, including senior secured loans, mezzanine debt, and equity investments. Their unique approach combines deep industry expertise with a robust network, enabling them to tailor solutions that meet the specific needs of their clients. Recognised for its strong market position, Ares Capital has achieved significant milestones, including a substantial portfolio of investments and a reputation for delivering consistent returns. This positions Ares Capital as a trusted partner for businesses seeking growth and financial stability.
How does Ares Capital's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Ares Capital's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Ares Capital reported a year-over-year emissions per employee figure of approximately 1,220 kg CO2e. This reflects an increase from 740 kg CO2e per employee in 2021. The company has not disclosed specific emissions data for Scope 1 and Scope 2, nor has it provided detailed figures for Scope 3 emissions in the most recent year. However, in 2020, Ares Capital reported Scope 2 emissions of 1,787,000 kg CO2e and Scope 3 emissions of 2,230,000 kg CO2e. Ares Capital has not established specific reduction targets or initiatives as part of its climate commitments, indicating a lack of formalised strategies to address its carbon footprint. The absence of disclosed reduction targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, Ares Capital's emissions data highlights the need for enhanced transparency and commitment to climate action in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 1,946,000 | 0,000,000 |
Scope 3 | 10,898,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ares Capital is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.