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.
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.
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.
Voya Financial's score of 29 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. This marks a significant reduction from previous years, reflecting a commitment to lowering their carbon footprint. Over the years, Voya Financial has demonstrated a consistent decline in emissions. For instance, in 2022, their total emissions were about 8,650,000 kg CO2e, indicating a reduction of approximately 2,160,000 kg CO2e in just one year. The company has focused primarily on Scope 2 emissions, which are linked to purchased electricity. Despite the absence of specific reduction targets or initiatives outlined in their climate commitments, Voya Financial's ongoing efforts to decrease emissions suggest a proactive approach to sustainability. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | - |
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 committed to some reduction initiatives 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.