Synchrony Financial (SYF)

Overall impact
C (55)

Commentary

Synchrony Financial is an average overall performer. With a 'C' rating of 54.6 for overall impact (51st percentile compared to all companies), Synchrony Financial ranks 61st out of 131 industry peers, behind Everi, TD Holdings, China Lending and 57 others, and ahead of Firstcash, Ezcorp, Rocket Companies and 67 others. On top material causes for Synchrony Financial's industry (Financial Services), Synchrony Financial performs well in Quality Lifelong Education (95.9 score), Equal Pay and Opportunity (95.7) and Decent, Safe Work Opportunities (81.3) and performs poorly in Reduced Inequality (28.1 score), Free, Secure Flow of Information (0.0), Accountable Institutions (25.6) and 2 other causes where it received a 'D' or 'F' score.
Impact
Cause SYF
Peer rank
Overall impact

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Impact trend

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Company
Founded
2003
Employees
20,000
Sector
Financials
Industry
Consumer Finance
Sub-industry
Consumer Finance
SASB industry
Consumer Finance
Headquarters
Ct, United States
Share classes
SYF
Mission
To create financial and technology solutions to move our customers and partners forward.
Description
Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual and general purpose co-branded cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, savings accounts, and sweep and affinity deposits. Additionally, it accepts deposits through third-party securities brokerage firms. In addition, it provides debt cancellation products to its credit card customers through online and mobile channels; and healthcare payments and financing solutions under the CareCredit and Walgreens brands. The company also offers payments and financing solutions in the apparel, specialty retail, outdoor, music, and luxury industries, such as American Eagle, Dick's Sporting Goods, Guitar Center, Kawasaki, Pandora, Polaris, Suzuki, and Sweetwater. The company offers its credit products through programs established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers. It serves digital, health and wellness, retail, home, auto, telecommunications, pet, outdoor, and other industries. The company was founded in 1932 and is headquartered in Stamford, Connecticut.
Material causes
Ethos considers the following causes material for Synchrony Financial, based on its industry sub-industry Consumer Finance. Learn more about material causes in our methodology overview.

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