Primary Climate Goal
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Ally Financial reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 4.2 Kt (-7.5 /-63.9% y-o-y). At the same time, carbon intensity .
Ally Financial's Scope 3 emissions was down at 209 Kt (
The company has not set a company-wide target for an absolute reduction in GHG emissions yet.
Ally Financial achieved carbon neutrality across its operations (Scope 1 + 2) in 2020. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.