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 47 is higher than 71% 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 30,380,000 kg CO2e for Scope 2, primarily from purchased electricity, and about 3,038,000 kg CO2e for Scope 1 emissions, which include mobile combustion, fugitive emissions, and stationary combustion. This represents a reduction from 2022, where Scope 1 emissions were about 3,547,000 kg CO2e and Scope 2 emissions were approximately 31,242,000 kg CO2e. Discover Bank has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% from a 2017 baseline by the year 2030. This target reflects the bank's commitment to sustainability and aligns with industry standards for climate action. The bank's ongoing efforts demonstrate a proactive approach to mitigating its environmental impact while contributing to broader climate goals.
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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.
