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 33 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Discover Bank's reported carbon emissions
In 2023, Discover Bank reported total carbon emissions of approximately 31,380,000 kg CO2e globally, comprising about 3,038,000 kg CO2e from Scope 1 and about 28,580,000 kg CO2e from Scope 2 emissions. This reflects a notable increase in Scope 1 emissions compared to previous years, where Scope 1 emissions were approximately 2,547,000 kg CO2e in 2022 and 1,847,000 kg CO2e in 2021. The bank's emissions data indicates a trend of fluctuating emissions over the years. For instance, in 2022, total emissions were about 34,561,000 kg CO2e, with Scope 1 emissions at approximately 3,547,000 kg CO2e and Scope 2 emissions at about 31,242,000 kg CO2e. Despite these figures, Discover Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may place the bank in a challenging position within the industry, where many organisations are increasingly adopting science-based targets to mitigate climate impact. Overall, while Discover Bank's emissions data provides insight into its carbon footprint, the absence of clear reduction strategies highlights an area for potential improvement in its climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 committed to any reduction initiatives 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.
