Public Profile

Ally

Ally Financial Inc., commonly known as Ally, is a leading digital financial services company headquartered in the United States. Founded in 1919, Ally has evolved from its origins in automotive finance to become a prominent player in the banking and investment sectors, serving customers across the nation. With a strong focus on online banking, auto financing, and investment services, Ally distinguishes itself through its user-friendly digital platform and competitive interest rates. The company has achieved significant milestones, including the launch of its high-yield savings accounts and innovative investment tools, which have garnered a loyal customer base. Recognised for its commitment to customer service and transparency, Ally has positioned itself as a trusted name in the financial industry, consistently earning accolades for its performance and customer satisfaction.

DitchCarbon Score

How does Ally'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.

40

Industry Average

Mean score of companies in the 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.

26

Industry Benchmark

Ally's score of 40 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

Let us know if this data was useful to you

Ally's reported carbon emissions

In 2022, Ally reported total carbon emissions of approximately 202,423,000 kg CO2e. This comprised 5,494,000 kg CO2e from Scope 1 emissions, 10,019,000 kg CO2e from Scope 2 emissions, and a significant 186,910,000 kg CO2e from Scope 3 emissions, which includes categories such as purchased goods and services (164,924,000 kg CO2e) and investments (153,633,000 kg CO2e). In 2021, Ally's total emissions were about 224,250,000 kg CO2e, with Scope 1 emissions at 4,442,000 kg CO2e and Scope 2 emissions at 9,758,000 kg CO2e. The Scope 3 emissions for that year were approximately 210,050,000 kg CO2e. The most recent data for 2023 does not include specific emissions figures, indicating a lack of disclosed emissions for that year. However, previous years show a trend of decreasing emissions, with a notable reduction from 2021 to 2022. Ally has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact reporting.

Unlock detailed emissions data

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

202020212022
Scope 1
4,139,000
0,000,000
0,000,000
Scope 2
-
0,000,000
-
Scope 3
229,165,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ally's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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 Ally 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.

Ally is not participating in any 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

Mbank

PL
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Federal Home Loan Banks

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Western Alliance Bank

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Bank Pekao

PL
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Citizens Bank, National Association

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago
DitchCarbon Score

Where does DitchCarbon data come from?

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