Public Profile

Voya Financial

Voya Financial, Inc., headquartered in the United States, is a prominent player in the financial services industry, specialising in retirement, investment, and insurance solutions. Founded in 1998, Voya has established itself as a trusted partner for individuals and institutions, focusing on helping clients achieve their financial goals through innovative products and services. With a strong presence across major operational regions in the US, Voya offers a diverse range of core services, including retirement plans, asset management, and employee benefits. What sets Voya apart is its commitment to sustainability and social responsibility, integrating these principles into its business model. Recognised for its market position, Voya has received accolades for its customer service and investment performance, solidifying its reputation as a leader in the financial sector.

DitchCarbon Score

How does Voya Financial's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

41

Industry Average

Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

29

Industry Benchmark

Voya Financial's score of 41 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

Let us know if this data was useful to you

Voya Financial's reported carbon emissions

In 2023, Voya Financial reported total carbon emissions of approximately 6,490,000 kg CO2e, comprising 1,359,000 kg CO2e from Scope 1 and 4,909,000 kg CO2e from Scope 2 emissions. The company has demonstrated a commitment to reducing its carbon footprint over the years, with a notable decrease in emissions from 57,310,000 kg CO2e in 2007 to the latest figures. Voya Financial has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to focus on improving its sustainability practices and reducing its environmental impact. The absence of Scope 3 emissions data in the latest report indicates a potential area for future assessment and commitment. Overall, Voya Financial's ongoing efforts reflect a growing awareness of climate change and the importance of corporate responsibility in mitigating carbon emissions.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2007200820092010201120122013201420152017201820192020202120222023
Scope 1
-
-
-
-
-
-
-
-
-
0,000,000
0,000,000
0,000,000
000,000
0,000,000
0,000,000
0,000,000
Scope 2
35,133,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000
000,000
000,000
000,000
0,000,000
000,000
0,000,000
Scope 3
-
-
-
-
-
-
-
-
-
0,000,000
0,000,000
0,000,000
0,000,000
000,000
0,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Voya Financial's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Voya Financial is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Voya Financial is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Corebridge Financial

US
Insurance and pension funding services, except compulsory social security services (66)
Updated 4 days ago

Equitable Holdings

US
Insurance and pension funding services, except compulsory social security services (66)
Updated 4 days ago

Protective Life

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Mercury General Corporation

US
Insurance and pension funding services, except compulsory social security services (66)
Updated 4 days ago

Teachers Insurance and Annuity Association-College Retirement Equities Fund

US
Insurance and pension funding services, except compulsory social security services (66)
Updated 4 days ago

Guardianlife

US
Insurance and pension funding services, except compulsory social security services (66)
Updated 4 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers