- Heightened volatility across the financial industry in 2023.
- Data limitations in assessing and mitigating potential climate-related risks.
- Rapidly evolving tools and methodologies for climate risk management.
- Under-utilization of key financial benefits by employees, especially those in hourly positions.
Ally Financial Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Ally Financial Inc. disclosed greenhouse gas emissions of 202.4K tCO2e/year (Scope 1 2 and 3). By scope: Scope 1: 5.5K tCO2e/year; Scope 2: 10.0K tCO2e/year; Scope 3: 186.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
202.4K tCO2e/year (Scope 1 2 and 3)
2023
Renewable Energy
Nearly 90% (Lewisville building)
of total energy
Energy Use
47.8K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 5.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 10.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 186.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 202.4K tCO2e/year (Scope 1 2 and 3) |
| 2022 | 14.0K tCO2e/year (Scope 1+2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved operational carbon neutrality for Scope 1 and 2 emissions for the third consecutive year.
- Obtained third-party verification to a limited level of assurance of 2022 greenhouse gas emissions.
- Full renovation of building in Lewisville, Texas with 25% more efficient HVAC system and solar panels generating nearly 90% of the building’s power.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Achieve 50/50 advertising spend for women’s and men’s sports by 2027.
🔭 Long-term
- Set a science-based emissions target in line with the Paris Climate Agreement.
🌱 ESG Focus Areas
EmployeesCustomersCommunityEnvironment