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 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, with no reported Scope 3 emissions. Over the past few years, Voya Financial has demonstrated a consistent effort to reduce its carbon footprint. In 2022, emissions were about 6,221,000 kg CO2e, and in 2021, they reached approximately 7,215,000 kg CO2e. The trend shows a clear commitment to lowering emissions, with a notable reduction of about 1,526,000 kg CO2e from 2023 to 2024. Despite the absence of specific reduction targets or initiatives such as those from the Science Based Targets initiative (SBTi), Voya Financial continues to engage in climate-related efforts, as evidenced by their emissions reporting and transparency. The company’s emissions data is sourced directly from Voya Financial, Inc., with no cascaded data from a parent or related organization. Overall, Voya Financial's ongoing commitment to reducing carbon emissions aligns with industry standards for climate action, showcasing their dedication to environmental sustainability.
Access structured emissions data, company-specific emission factors, and source documents
| 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 | - | - | - | - | - | - |
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.
