Dave Stangis
Chief Sustainability
Officer
Driving a More Sustainable Future
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
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
Sustainability Leadership
Laurie Medley
Global Head of ESG
Michael Kashani
Head of ESG, Credit
Joanna Reiss
Co-Head of Impact
Robert Esposito
Senior Counsel, Sustainability
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 Sustainability and Infrastructure
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
Apollo achieved carbon-neutral operations for the entire enterprise for the first time across our corporate Scope 1 and 2 GHG emissions by procuring carbon offsets from carbon removal projects and unbundled renewable energy certificates.
Apollo-managed funds deployed, committed or arranged
Apollo committed
The Firm doubled our Supplier Diversity spend goal to
$10B
$5.2M
$2B
in clean energy and climate investments across asset classes in 2023, advancing progress toward our $50 billion target.1
Apollo-managed funds deployed, committed or arranged
$10B
in clean energy and climate investments across asset classes in 2023, advancing progress toward our $50 billion target.1
Apollo committed
$5.2M
The Firm doubled our Supplier Diversity spend goal to
$2B
The Firm increased gender representation, with half of new hires at AGM being female.
Apollo's ESG Credit team delivered over
Apollo launched the multi-product Apollo Clean Transition (“ACT”) investment strategy that launched with
Athene provided a
100
$4B
$1.875M
seed investment for the Great Outdoors Foundation Conservation Fund. The Conservation Fund is a brand-new funding mechanism geared toward multiplying Iowa’s investment in water quality.2
Apollo's ESG Credit team delivered over
100
Apollo launched the multi-product Apollo Clean Transition (“ACT”) investment strategy that launched with
$4B
Athene provided a
$1.875M
seed investment for the Great Outdoors Foundation Conservation Fund. The Conservation Fund is a brand-new funding mechanism geared toward multiplying Iowa’s investment in water quality.2
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.
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
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
Read timely insights from across Apollo’s Sustainability ecosystem.
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More Information
1. As of December 31, 2023. Deployment commensurate with Apollo’s proprietary Climate and Transition Investment Framework, which provides guidelines and metrics with respect to the definition of a climate or transition investment. Reflects (a) for equity investments: (i) total enterprise value at time of signed commitment for initial equity commitments; (ii) additional capital contributions from Apollo funds and co-invest vehicles for follow-on equity investments; and (iii) contractual commitments of Apollo funds and co-invest vehicles at the time of initial commitment for preferred equity investments; (b) for debt investments: (i) total facility size for Apollo originated debt, warehouse facilities, or fund financings; (ii) purchase price on the settlement date for private non-traded debt; (iii) increases in maximum exposure on a period-over-period basis for publicly-traded debt; (iv) total capital organized on the settlement date for syndicated debt; and (v) contractual commitments of Apollo funds and co-invest vehicles as of the closing date for real estate debt; (c) for SPACs, the total sponsor equity and capital organized as of the respective announcement dates; (d) for platform acquisitions, the purchase price on the signed commitment date; and (e) for platform originations, the gross origination value on the origination date.
2. Amount spread over the next five years.