- Rapidly evolving landscape of cybersecurity threats.
- Maintaining pay equity and ensuring no statistical difference in pay for employees across all genders globally and across all racial/ethnic groups in the United States.
- Addressing climate change and environmental stewardship.
Synchrony Financial
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Synchrony Financial disclosed greenhouse gas emissions of 34.5K tCO2e/year. By scope: Scope 1: 126 tCO2e/year; Scope 2: 17.6K tCO2e/year; Scope 3: 16.8K 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
34.5K tCO2e/year
2023
Renewable Energy
Over 50% (data center provider)
of total energy
Water Usage
28.9M gallons/year
2023
Waste
56.0K pounds of recycled e-waste/year
2023
Energy Use
139.4K GJ/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). | 126 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 17.6K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 16.8K 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 | 34.5K tCO2e/year |
| 2022 | 25.2K tCO2e/year |
| 2021 | 8.6K MT CO2e |
| 2020 | 17.4K MT CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Upgraded over 1,000 lighting fixtures in Stamford hub to energy-efficient LEDs, resulting in estimated annual energy savings equivalent to reforesting 31 acres of trees.
- Reduced paper mailed to customers by nearly four million sheets compared to 2018 (over 4% reduction).
- Over 56% of customers received paperless statements in 2023 (compared to 32% in 2018).
🌱 ESG Focus Areas
Fair lendingResponsible marketingFinancial inclusion and accessInformation security and data privacyHuman capital management (including equity, diversity, inclusion, and citizenship)Community investment