Voya Financial’s corporate responsibility mission is to create shared value for our company and the community by conducting business in a way that is socially, environmentally, economically and ethically responsible. The robust corporate responsibility work of Voya is focused around four pillars: 1) empowering our people; 2) serving our clients; 3) investing in communities; and 4) protecting the environment. Through its work within these pillars, Voya ensures shared value by aligning corporate responsibility with its corporate objectives.
Voya is committed to the following:
- Awarding grants through Voya Foundation, the philanthropic arm of Voya.
- Supporting employee volunteerism by offering Voya employees paid time off to volunteer locally.
- Contributing matching gifts to organizations supported by Voya employees.
- Placing Voya leaders on nonprofit boards of directors and in other strategic roles.
- Maintaining a diverse and inclusive workforce and respecting human rights.
- Decreasing the company’s operational impact on the environment.
- Operating under the auspices of strong corporate values and adhering to a closely held code of conduct.
Voya maximizes its community impact by aligning charitable giving and partnership efforts with the core financial skills of its employees and by concentrating resources on helping to promote sustainable communities. Through carefully-designed signature philanthropy programs, the company is addressing some of the world’s most pressing issues — financial illiteracy and accessibility to quality children’s education. Signature programs include:
In 2016, Voya Foundation launched a new giving strategy focused on financial resilience, which is defined as an individual’s ability to make educated financial decisions, take advantage of growth and development opportunities as they appear, as well as weather difficult times.
The new strategy will ensure that youth are equipped with the Science, Technology, Engineering and Math (STEM) experiential learning necessary to compete in the 21st century workforce, as well as the financial-literacy skills needed to make smart money-management decisions. These are both important foundational competencies that influence retirement readiness.