As of 2023, Discover Financial Services has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Discover Financial Services's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Electricity | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
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As of 2023, Discover Financial Services has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
As of 2023, Discover Financial Services has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Discover Financial Services's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 41,778 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017.a
As of 2023, Discover Financial Services is on track to meet its operational emissions reduction target, having achieved 48.64% of the planned reduction.a