NEW YORK, June 4, 2015 /PRNewswire/ -- Voya Financial, Inc. (NYSE: VOYA), announced today that the company has been named to the 2015 Fortune 500 list. Voya Financial's appearance on the 2015 Fortune 500 at No. 268 marks the company's entrance to the list, which is Fortune magazine's annual ranking of America's largest companies by revenue. Voya Financial is the second-highest ranked new entrant to the Fortune 500.
"Given that Voya counts many Fortune 500 companies among its 13 million customers, it's an honor to now be a part of this prominent community that contributes so greatly to the U.S. business landscape," said Rodney O. Martin, Jr., chairman and CEO of Voya Financial.
Voya Financial, a leading retirement, investment and insurance company, had $11 billion in total revenues in 2014.
"Voya has made tremendous progress since becoming a public company in May of 2013," Martin noted. "We've delivered strong financial performance. We've also seen our share price more than double – outperforming our peers as well as the S&P 500. And we're well positioned for continued growth."
Voya Financial also announced today that it has been recognized as one of the Top Green Companies in the U.S. 2015 by Newsweek magazine, ranking as No. 78 of the 500 U.S. companies to earn the designation for corporate sustainability and environmental impact.
"We are extremely proud to be recognized by Newsweek for our commitment to sustainability," Martin said. "Our vision is to be America's Retirement Company. While we're focused on helping Americans build a secure financial future – and retire better – we're also dedicated to ensuring a sustainable environmental future by protecting and preserving our planet."
Inherent to its culture and brand, Voya Financial is committed to conducting business in a way that is socially, environmentally, economically, and ethically responsible. In March, Voya was recognized by the Ethisphere Institute as one of the World's Most Ethical Companies for the second consecutive year.
Fortune 500 Methodology
Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. This includes private companies and cooperatives that file a 10-K or a comparable financial statement with a government agency, and mutual insurance companies that file with state regulators. It also includes companies that file with a government agency but are owned by private companies, domestic or foreign, that do not file such financial statements. Excluded are private companies not filing with a government agency; companies incorporated outside the U.S.; and U.S. companies consolidated by other companies, domestic or foreign, that file with a government agency. Also excluded are companies that failed to report full financial statements for at least three quarters of the current fiscal year. Percent change calculations for revenue, net income, and earnings per share are based on data as originally reported. They are not restated for mergers, acquisitions, or accounting changes. The only changes to the prior years' data are for significant restatement due to reporting errors that require a company to file an amended 10-K.
About Voya Financial®
Voya Financial, Inc. (NYSE: VOYA), is composed of premier retirement, investment and insurance companies serving the financial needs of approximately 13 million individual and institutional customers in the United States. The company's vision is to be America's Retirement CompanyTM and its guiding principle is centered on solving the most daunting financial challenge facing Americans today --- retirement readiness. Working directly with clients and through a broad group of financial intermediaries, independent producers, affiliated advisors and dedicated sales specialists, Voya provides a comprehensive portfolio of asset accumulation, asset protection and asset distribution products and services. With a dedicated workforce of approximately 6,500 employees, Voya is grounded in a clear mission to make a secure financial future possible --- one person, one family, one institution at a time. For more information, visit voya.com or view the company's 2014 annual report. Follow Voya Financial on Facebook and Twitter @Voya.
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SOURCE Voya Financial, Inc.