Voya Financial Sustainability Profile
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.
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.
Industry Benchmark
Voya Financial's score of 36 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Voya Financial's reported carbon emissions
In 2024, Voya Financial reported total carbon emissions of approximately 4,742,000 kg CO2e, a reduction from about 6,268,000 kg CO2e in 2023. This indicates a significant decrease in emissions, reflecting the company's commitment to sustainability. The emissions data encompasses Scope 1 and 2, which are direct and indirect emissions from owned or controlled sources. Over the past few years, Voya Financial has demonstrated a downward trend in its carbon footprint, with emissions decreasing from about 7,215,000 kg CO2e in 2021 and 9,972,000 kg CO2e in 2020. The company has not disclosed specific targets for emissions reduction or commitments to the Science Based Targets initiative (SBTi), nor has it outlined any climate pledges. Voya Financial's emissions data is sourced directly from its own reporting, with no cascaded data from parent or related organisations. The company continues to focus on reducing its environmental impact while maintaining transparency in its emissions reporting.
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| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - | - | 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 | 00,000,000 | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - | - | - | - | 0,000,000 | 0,000,000 | - | - | - | - | - | - |
How Carbon Intensive is Voya Financial's Industry?
How Carbon Intensive is Voya Financial's Location?
Voya Financial's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Voya Financial has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
