Ares Management is putting up capital to ensure it hits ESG-related goals. The firm recently amended a $1.3 billion credit facility to reduce margin and fees should it hit employee and third-party supplier diversity targets or emissions goals. The commitment will help Ares examine “how are we driving [change] through our own dollars and our own spend,” said MD and global chief diversity, equity and inclusion officer Indhira Arrington at yesterday’s Most Influential Women MEET event.
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