Apollo targets $50 bln in sustainable investments with new platform

March 5, 2022 EcoVadis EN


Apollo Global Management Inc (APO.N), a manager of alternative assets, launched a sustainable investing platform on Thursday, targeting the deployment of $50 billion in decarbonization and energy transition opportunities over the next five years.

The new platform underscores the opportunity that Apollo sees in providing capital to companies focused on clean energy and moving away from fossil fuels, as the world tries to limit the rise in global temperatures to 1.5 degrees Celsius to avoid the most catastrophic effects of climate change.


Read the full article at: www.reuters.com

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EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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