•  71%

    WASTE

  •  54%

    ENERGY USE

  •  88%

    PAPER CONSUMPTION

In the U.S., we welcome one person every 13 seconds into our country (taking birth, mortality and migration figures into account)¹. We act to help preserve the earth’s resources to support that growth through impactful initiatives, greening our supply chain, minimizing our operational impact, and raising environmental awareness among our 6,000 employees.

GHG electricity emissions offset

120%

In 2017, we completed a third-party verification of our 2016 environmental performance data. As a result of this review, we changed the GHG emissions tool we use to calculate and convert figures to the EPA Simplified GHG Emissions Calculator (SGEC) version 4. As such, we recalculated 2015, 2014, 2013, 2012 and our benchmark year 2007 data under Scope 2 GHG emissions to ensure consistency in formulas and reporting. We also expanded the scope and accuracy of our reporting in this report to include fleet miles under Scope 1 and our calculated/non-metered1 electricity use from field office locations in our total electricity consumption under Scope 2.

Paper
Percentages reflect reduction from 2007 baseline
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Paper

  2007 2014 2015 2016 2017 2018 2019

Paper Used (Tons)

558

164

169

144

116

96

68

Paper Used
(sheets in millions)

111.5

32.7

33.8

28.8

23.1

19.1

13.5

Paper Reduction (%)

N/A

71

70

74

79

83

88
Waste and Recycling
2014-2019 vs 2007 Benchmark
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Waste and Recycling2

  2007 2014 2015 2016 2017 2018 2019

Waste to Landfill (Tons)

1080

387

407

367*

354

320

318

  Percent reduction3

N/A

64%

62%

66%

67%

70%

71%

Waste Diverted(Tons)

748

691

681

641*

854

917

875

  Electronic waste diverted

119

45

41

28

41

38

13

Total Waste (Tons)

1,828

1,078

1,088

1008*

1,208

1,237

1,193

  Percent reduction2,3,4

N/A

41*%

40*%

45*%

34%

32%

35%

  % to Landfill

59%

36%

37%

361%

29%

26%

27%

  % Diverted

41%

64%

63%

64*%

71%

74%

73%

*This figure is restated as a result of the 2018 assurance process.

GHG Emissions (CO2e metric tonnes)
2014-2019 vs 2007 Benchmark
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GHG Emissions (CO2e metric tonnes)4

  2007 2014 2015 2016 2017 2018 2019

Scope 1 Fossil Fuel CO2e

1,568

601

529

550

566

635

546

Scope 1 Fleet Cars CO2e

NR6

934

895

809

681

579

379

Scope 1 NetJet

NR6

NR6

NR6

83

111

112

221

Subtotal Scope 1 (CO2e)

1,568

1,535

1,424

1,442

1,357

1,327

1,146

Scope 2 Electric Use Major Offices (Metered CO2e)

28,321

18,590

18,43

18,331

15,546

14,432

13,083

Scope 2 Electric Use Field Offices (Calculated/non-metered CO2e)7

5,744

3,423

4,032

4,025

2,624

1,432

1,598

Scope 2 Steam (CO2e)

1,076

345

295

304

267

305

326

Total Scope 2 (CO2e)

35,141

22,358

22,759

22,660

18,437

16,170

15,007

Total Scope 1 & 2 (CO2e)

36,709

23,893

24,183

24,102

19,794

17,496

16,153

Scope 3 Business Air Miles

8,790

4,721

5,764

6,048

5,507

4,659

5,752

Scope 3 Personal Car Miles

2,437

1,049

1,043

1,059

914

911

793

Scope 3 Rental Car Miles

NR6

382

399

384

339

328

348

Scope 3 Waste8

375

134

141

127

123

111

114

Total Scope 3 (CO2e)

11,602

6,286

7,347

7,619

6,883

6,009

7,007

Total Business Emissions (CO2e)

48,311

30,179

31,531

31,721

26,677

23,505

23,160

Scope 1 & 2 GHG Intensity by Revenue (CO2e per dollar)

.0000000034

.0000000020

.0000000020

.0000000022

.0000000023

0.0000000021

0.0000000022

Scope 1 & 2 GHG Intensity by Headcount (CO2e per person)

.0035

.0026

.0026

.0029

.0023

.0022

0.0022
Energy Usage and Renewable Energy Certificates (RECs) (megawatts)
2014-2019 vs 2007 Benchmark
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Energy Usage and Renewable Energy Certificates (RECs) (megawatts)

  2007 2014 2015 2016 2017 2018 2019

Scope 2 Electric Use Major Offices (Metered MWh)

60,126

36,347

36,167

35,900

34,558

32,309

29,492

Scope 2 Electric Use Field Offices (Calculated/non-metered MWh)

8,195

6,825

8,319

7,362

5,396

3,257

3,742

Total Scope 2 Electricity Use (MWh)

68,321

43,172

44,486

43,262

39,955

35,566

33,234

Scope 2 Steam (MWh) 

4749

1,523

1,300

1,340

1,177

1,348

1,441

Scope 1 Energy from Natural Gas & Diesel Fuel (MWh)

8,653

3,270

2,861

3,043

3,064

3,433

3,003

Total Energy Use (MWh)

81723

47,964

48,647

47,645

44,196

40,347

37,678

Total Energy Reductions

81.72GWh

-41%

-40%

-42%

-46%

-51%

-54%

RECs Purchased

62,690

43,214

49,389

50,194

50,194

50,194

40,000

Percentage of Total Electric Emissions Offset

92%

100%

111%

116%

126%

141%

120%

Energy Intensity by Revenue (MWh per dollar)

0.00000751

0.00000432

0.00000429

0.00000442

0.00000513

0.00000474

0.00000504

Energy Intensity by Headcount (MWh per person)

7.803

5.668

5.496

5.634

5.190

5.027

5.098

Voya Becomes Carbon Neutral

In 2017, as part of our strategy to measure and manage the environmental impacts of our business operations, we became carbon neutral for scope 1 and 2 greenhouse gas (GHG) emissions. Operating at the level termed carbon neutral means that an institution has net zero emissions from greenhouse gases. For 2019, we purchased renewable energy certificates (download PDF) (RECs) for indirect emissions equal to 120 percent of our electricity use (scope 2), as well as offsets to compensate for unavoidable direct emissions from natural gas, steam and fleet car use (scope 1). Additionally, since 2007, through real estate portfolio management and energy efficiency programs, we have reduced our scope 1 and 2 GHG emissions by 56 percent.

1 United States Census Bureau U.S. and World Population Clock

2 Actual data represents 63 percent of our real estate portfolio on average; no inclusion of estimated waste data.

3 Reductions and increases reported against 2007 baseline year.

4 Figures include electronic waste (tons) totals.

5 Protocol used: U.S. Environmental Protection Agency Center for Corporate Climate Leadership Simplified GHG Emissions Calculator.

6 NR means not reported.

7 Utilizing the Commercial Buildings Energy Consumption Survey (CBECS) formula for 2017 field office locations.

8 Protocol used: U.S. Environmental Protection Agency Waste Reduction Model (WARM).