In recognition of the importance of considering environmental, social and corporate governance (ESG) factors in its investment process, Ares Management has adopted an ESG Policy for the conduct of its business based on guidelines that are principally consistent with the Principles of Responsible Investment (“PRI”) and Private Equity Growth Capital Council’s (“PEGCC”) Guidelines for Responsible Investment.
Processes and procedures relating to the ESG Policy’s implementation are tailored to the firm’s various platforms and asset classes, led by Caroline Zouloumian, Managing Director, Head of ESG.
Given Ares’ investment focus away from traditional equities, there is limited direct applicability of the Code to the Firm; however, Ares has adopted this Stewardship Code Disclosure Statement, applying the principles of the Code, where appropriate, to its investment groups.
Ares prides itself on its extensive corporate citizenship endeavors and is actively committed to supporting its local communities and charities through firm-wide wide sponsorships, board positions, charitable donations and grass roots volunteerism. The impact of these contributions was the inspiration for "Ares In Motion" (A.I.M.), a global initiative to support corporate responsibility, foster employee engagement and strengthen community relationships through philanthropy. Ares in Motion encompasses the following programs: