PE firm's rare emissions disclosure offers clue to CO2 challenge
Apollo Global Management disclosed so-called financed emissions of 3.9 million tons of CO2 equivalent emissions for USD 39.4bn of its assets across private equity, infrastructure and hybrid value investments. That’s equivalent to the annual greenhouse gas emissions of 870,000 passenger vehicles. Apollo’s investments in the manufacturing, utilities and transportation and warehousing sectors produced the greatest emissions, according to the firm’s sustainability report published June 21.
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