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.
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.
Industry Benchmark
Ally's score of 34 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, with Scope 1 emissions at about 5,494,000 kg CO2e, Scope 2 emissions at approximately 10,019,000 kg CO2e, and significant Scope 3 emissions of about 186,910,000 kg CO2e. The company has disclosed emissions data for all three scopes, indicating a comprehensive approach to tracking its carbon footprint. In 2021, Ally's total emissions were approximately 224,250,000 kg CO2e, with Scope 1 emissions of about 4,442,000 kg CO2e and Scope 2 emissions at around 9,758,000 kg CO2e. The Scope 3 emissions for that year were significant, reaching approximately 210,050,000 kg CO2e. For 2020, Ally's total emissions were reported at about 241,126,000 kg CO2e, with Scope 1 emissions of approximately 4,139,000 kg CO2e and Scope 2 emissions of about 7,822,000 kg CO2e. The Scope 3 emissions were notably high at around 229,165,000 kg CO2e. Ally has not set specific reduction targets or initiatives as per the latest data, indicating a potential area for improvement in their climate commitments. The company’s emissions per full-time equivalent (FTE) employee were approximately 1,300 kg CO2e in 2023, and emissions per unit of revenue were about 0.00066 kg CO2e per USD in the same year. Overall, while Ally has made strides in tracking its emissions, the absence of defined reduction targets suggests a need for enhanced climate action strategies moving forward.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| 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
Location emissions intensity
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.
