Discover Bank
Discover Bank, a subsidiary of Discover Financial Services, is headquartered in the United States and operates primarily in the financial services industry. Founded in 1985, the bank has established itself as a key player in the online banking sector, offering a range of products including savings accounts, certificates of deposit, and personal loans. What sets Discover Bank apart is its commitment to customer service and competitive interest rates, making it a preferred choice for many consumers. With a strong market position, Discover Bank has garnered numerous accolades for its innovative banking solutions and user-friendly digital platform. As it continues to expand its offerings, Discover Bank remains dedicated to providing exceptional value and convenience to its customers across the nation.
DitchCarbon Score
How does Discover Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Discover Bank's score of 36 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Discover Bank's reported carbon emissions
In 2023, Discover Bank reported total carbon emissions of approximately 31,380,000 kg CO2e, comprising about 3,038,000 kg CO2e from Scope 1 and about 28,580,000 kg CO2e from Scope 2 emissions. This reflects a commitment to reducing greenhouse gas emissions significantly. The bank has set an ambitious target to reduce its Scope 1 and Scope 2 emissions by 50% from a 2017 baseline by the year 2030. In 2017, Discover Bank's emissions were approximately 48,362,000 kg CO2e, indicating a clear path towards substantial reductions in their carbon footprint. Discover Bank's emissions data highlights a consistent focus on sustainability, with a commitment to addressing both direct and indirect emissions. The bank's initiatives align with industry standards for climate action, demonstrating a proactive approach to mitigating climate change impacts.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,869,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 39,909,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Discover Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
