We make it our mission every day to contribute to a more prosperous world so everyone can achieve a brighter financial future.
Corporate Impact at Discover
Guided by Discover's Core Values and our commitment to governance, we contribute to a more prosperous world through a focus on four areas: social impact, inclusion, environmental sustainability, and financial inclusion. Regular engagement with our key stakeholders is critical to advancing our strategy. We do this through a variety of mechanisms including shareholder outreach, surveys, meetings, partnerships, and events.
Our Corporate Impact Report
Learn about the progress we have made towards our goals and focus areas.
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Updated 09/16/2024
Our goals
Advance a workforce that reflects a wide range of backgrounds, identities, perspectives, and experiences
Ensure fair treatment, access, and advancement for all employees
Foster a culture where all employees feel seen, heard, valued, and have a sense of belonging
Increase hyperlocal economic impact through hiring (2,000 jobs) and combined CRA investments & philanthropic giving ($530+ million) across all locations by 2025
Enable more people to enter and advance within the financial system and support the financial wellness of our employees
Reduce our Scope 1 and Scope 2 GHG emissions1 by 50% from the 2017 baseline by 2030
Conduct lifecycle assessments and build out additional goals
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Updated 09/16/2024
1 Greenhouse gases (GHG) Scope 1 is defined as direct emissions from company’s resources, like fuel oil, natural gas, mobile combustion, and refrigerant losses. Scope 2 is defined as indirect emissions generated by electricity purchased from a utility provider. Discover is developing a strategy to implement decarbonization measures that further reduce our Scope 1 and 2 footprint including: Maximizing building efficiency through lighting upgrades and end-of-life equipment replacements. Improving building automation and set point optimization, behavioral changes, and retro commissioning of existing building systems. Evaluating electrification to reduce use of fossil fuels, explore onsite solar, and offsite renewable energy investments such as a Virtual Power Purchase Agreement. Our emissions are not currently verified by an independent third‑party. Discover reports under the “control” approach for emissions in Scopes 1 and 2, as defined in the Greenhouse Gas Protocol, from sources over which it has operational control. Scope 2 Emissions are calculated using the location-based method which reflects the average emissions intensity of grids on which energy consumption occurs. In 2023, we aligned electrical grid coefficients with the reporting year dating back to 2017. The changes are reflected in our latest ESG report. Discover uses the U.S. EPA eGRID sub-regional average emission factors to calculate indirect emissions resulting from the purchase of electricity in the United States, while indirect emissions resulting from the purchase of electricity outside of the U.S. are calculated using DEFRA for the UK. Electricity emissions for the a reporting year are calculated using the most recent grid emissions factors available from the EPA and DEFRA as of the time GHG emissions calculations are run for the reporting year.