Apollo Publishes Annual Sustainability Report: Volume 15, "Driving a More Sustainable Future"

Core Insights - Apollo has published its Annual Sustainability Report, highlighting its commitment to sustainability and clean energy investments, with a deployment of $10 billion in 2023 towards these initiatives, aiming for a total of $50 billion by 2027 [1][2] - The company has increased its grants through the Apollo Opportunity Foundation to $5.2 million, up from $3 million the previous year, supporting 22 organizations [1] - Apollo's leadership emphasizes the transition to a cleaner economy as a significant strategic business opportunity, reinforcing its position as a flexible capital provider [2] Sustainability Strategy - The report provides a comprehensive overview of Apollo's sustainability strategy, including updates on its environmental, social, and governance (ESG) data reporting processes [2] - Apollo's sustainability efforts are guided by frameworks such as the Sustainable Accounting Standards Board (SASB), Global Reporting Index (GRI), UN Sustainable Development Goals (UN SDGs), and the Task Force on Climate-Related Financial Disclosures (TCFD) [2] Company Overview - Apollo is a global alternative asset manager with approximately $671 billion in assets under management as of March 31, 2024, focusing on providing excess returns across various investment strategies [3] - The company aims to align the interests of clients, businesses, employees, and communities to create positive outcomes through innovative capital solutions [3]