- Scope 3 GHG emissions, primarily from business travel.
- Retirement savings gaps in African American/Black and Hispanic/Latino communities.
Voya Financial, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Voya Financial, Inc. disclosed greenhouse gas emissions of Net-zero after offsets (Scope 1, 2, and 3). By scope: Scope 1: 1.4K tCO2e; Scope 2: 4.9K tCO2e; Scope 3: 4.1K tCO2e. 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
Net-zero after offsets (Scope 1, 2, and 3)
2023
Renewable Energy
100% of electricity use offset by RECs
of total energy
Waste
191 US tons
2023
Energy Use
14.4K MWh (measured + estimated)
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). | 1.4K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.9K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.1K tCO2e |
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 | Net-zero after offsets (Scope 1, 2, and 3) |
| 2022 | 6.2K tCO2e (Scope 1+2 Market Based + Scope 3 - purchased offsets) |
| 2020-2021 | 1.2K tCO2e/year (Scope 1 and 2 Market-based minus purchased GHG Emissions Offsets) |
| 2018-2019 | 1.6K tCO2e (net Scope 1 and 2 after offsets) |
| 2016-01 to 2017-06 | 31.7K tCO2e/year |
| 2015 | 33.0K tCO2e/year (Grand Total) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions through operational efficiency and renewable energy credits, achieving net-zero Scope 1, 2, and 3 GHG emissions after offsets.
- Reduced more than 171,000 kilograms of carbon dioxide equivalents in 2023 through sustainable technology procurement.
🌱 ESG Focus Areas
Employee ExperienceDiversity, Equity, and InclusionCommunity EngagementEnvironmental StewardshipCorporate GovernanceClient Well-being