Driving a More Sustainable Future

Driving a More Sustainable Future

Apollo works every day to lead responsibly and leverage our full platform to create positive impact.

grass growing out of tire tracks

The Apollo Sustainability Ecosystem

The Apollo Sustainability Ecosystem

At Apollo, we work every day to lead responsibly and leverage our full platform to create positive impact. Since formalizing our ESG engagement and reporting program in 2009 we have engaged with hundreds of portfolio companies through reporting, site visits, and conferences to help drive sustainability, climate action, employee engagement, and responsible citizenship across these organizations. 

Today, our commitment to sustainability remains a defining attribute of our firm and is embedded in our culture. We strive to be an industry leader in ESG data collection, transparency and engagement with portfolio companies, borrowers, counterparties and fellow industry participants.

Our Approach to Sustainability

Our Approach to Sustainability

Apollo has developed a strong bench of Sustainability talent, including our Chief Sustainability Officer, Dave Stangis, as well as dedicated heads of ESG for our private equity and credit businesses. The depth of talent and leadership reinforces Apollo’s commitment to sustainability as we look to drive operational rigor and positive impact around the globe.

That is why we are elevating our approach to sustainability further, leveraging it as a growth strategy for Apollo and our clients. By using sustainability as a driver of opportunity, we believe it can help the businesses in which Apollo-managed funds invest become better companies through engagement initiatives and empowering every employee to make a difference.

 

Sustainability Ecosystem

AGM Board of Directors
Sustainability and Corporate Responsibility Committee of the AGM Board
Apollo Leadership Team
Office of Sustainability
Expanding Opportunity
Citizenship
ESG
Sustainable Investing Platform
Apollo Impact Platform

 

Sustainability Leadership

Dave Stangis
Chief Sustainability
Officer

Laurie Medley
Global Head of ESG

Michael Kashani
Head of ESG, Credit

Joanna Reiss
Co-Head of Impact

Robert Esposito
Senior Counsel, ESG

Patience Ball 
Impact Chair

Carletta Ooton
Head of ESG, Private
Equity

Christine Bave
Deputy Head of Sustainable Finance

Daniel Vogel
Deputy Head of
Sustainable Finance

Olivia Wassenaar
Head of Sustainable Investing and Head of Natural Resources

Jonathan Simon
Global Head of Leadership Development and Diversity

Joe Moroney
Head of Sustainable Finance, Co-Head of
Global Corporate Credit

Lauren Coape-Arnold
Global Head of Citizenship and Executive Director of the Apollo Opportunity Foundation

Recent Sustainability Achievements

Recent Sustainability Achievements

Apollo-managed funds deployed $6B in clean energy and climate investments across asset classes in 2022, furthering progress toward our $50B target set with the launch of our comprehensive Sustainable Investing Platform.  Exceeded our goal of achieving more than $1B in direct and indirect spending with diverse suppliers across Apollo-managed funds’ private equity portfolio and agreed to double our goal to $2B in spending.  Achieved carbon neutral operations for Apollo Asset Management by procuring high-quality carbon removal projects and unbundled renewable energy credits. Awarded nearly $3M in grants to 11 nonprofit organizations working to expand opportunity and advance economic prosperity through the Apollo Opportunity Foundation. Completed 12,680 hours of employee volunteer service to support community partners, nonprofit organizations, and other philanthropic causes. Reached and exceeded our target of 30% of our diverse representation on the boards of certain companies that are controlled by Apollo-managed private equity funds. Set a new goal to reduce median carbon intensity by 15% over the projected hold period for new control investments in our flagship private equity strategy.

 

Note: As of December 31, 2022. Carbon neutral was achieved in 2022 by Apollo Asset Management (“AAM”) not Apollo Global Management due to data verification limitations. In 2022, AAM and Athene calculated volunteer hours as separate entities which, when combined, totaled 12,680.

Sustainable Investing Platform

Sustainable Investing Platform

In 2022, Apollo launched a comprehensive Sustainable Investing Platform focused on financing and investing in the energy transition and decarbonization of industry.

Capital Deployed Toward Energy Transition and Decarbonization — Past Five Years

$23.3B
Deployed Across our Platform
$4.5T
Needed Annually to Achieve Net Zero Globally by 2050

As of December 31, 2022

Apollo Impact Mission

Apollo Impact Mission

The Apollo Impact Mission strategy pursues private equity opportunities that seek to generate positive, measurable social and/or environmental impact at scale while delivering attractive risk-adjusted returns. We adhere to a rigorous impact investment strategy that targets investments centered around two critical objectives – helping people and healing the planet.

Apollo is driving an evolution in the impact investing landscape by applying the strategy to the mid-market, investing in later-stage, mature companies. We employ the “classic Apollo” value-oriented lens and harness the full power of the firm as we seek to drive both financial success and impact at AIM portfolio companies.

APOLLO IMPACT OBJECTIVES


Economic Opportunity

Improve quality of life by expanding economic opportunity for underserved populations.

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Education

Provide tools to improve livelihoods through education and job preparedness.

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Health, Safety & Wellness

Improve the quality of life for people through products and services that support their health and safety.

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Climate & Sustainability

Drive towards a more sustainable future by addressing climate change, enabling the circular economy, improving the sustainability of natural resources and ecosystems, and facilitating clean energy usage. 

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Industry 4.0

Harness innovation to transform industries, businesses and communities to be safer and cleaner, as well as more equitable, sustainable and efficient. 

Driving Sustainability Across Our Ecosystems

Driving Sustainability Across Our Ecosystems

We are committed to responsible leadership and believe that driving sustainability best practices across our investment ecosystems helps to yield better business outcomes for all our stakeholders.

Sustainability Insights

Sustainability Insights

Read timely insights from across Apollo’s Sustainability ecosystem.