- Addressing talent movement in Black and Hispanic/Latiné talent segments
- Focusing on attrition among hourly employees
- Achieving greater gains in representation at Director and Officer levels, especially for POC and Black and Hispanic/Latiné employees
- Evolving climate risks
Discover® Financial Services
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Discover® Financial Services disclosed greenhouse gas emissions of 31.6K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 3.0K tCO2e/year; Scope 2: 28.6K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
31.6K tCO2e/year (Scope 1 & 2)
2023
Water Usage
63.4M gallons/year
2023
Waste
1.3K tons/year
2023
Energy Use
67.4K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 3.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 28.6K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 31.6K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 emissions by 24% from the 2017 baseline
- Achieved a 74% diversion rate of recyclable or reusable materials across all U.S. offices
- Saved 46 million gallons of fresh water since 2017
🎯 Climate & Sustainability Targets
🔜 Short-term
- Conduct lifecycle assessments on paper vs. electronic statements and credit card material by end of 2024
📅 Medium-term
- Reduce Scope 1 and Scope 2 GHG emissions by 50% from the 2017 baseline by 2030
- Achieve a $125 million spend with diverse-owned businesses by 2025
- Increase hyperlocal economic impact through hiring (2,000 jobs) and combined CRA investments & philanthropic giving ($530+ million) across all locations by 2025
🌱 ESG Focus Areas
Diversity, Equity, and InclusionSocial ImpactEnvironmental SustainabilityFinancial InclusionGovernance