Discover Financial Services

Country
United States
Sector
Financial Services
Industry
Credit Services
Employees
21,000
Ticker
DFS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Discover Financial Services is a prominent player in the financial services industry, specializing in providing a diverse range of banking and payment services. Known primarily for its credit card ser...

Discover Financial Services's GHG Emissions Data Preview

In 2023, Discover Financial Services completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Discover Financial Services has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Verified Sources Behind Discover Financial Services’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Discover Financial Services’s data sources below and access millions more through our Disclosure Search.

a. Discover Financial Services's Impact Report 2023
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Insights into Discover Financial Services's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Discover Financial Services amounted to 31,618 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Discover Financial Services decreased by 9.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Discover Financial Services's Scope 1 Emissions Over Time

20182019202020212022202309001.8 k2.7 k3.6 ktCO2e-15%+32%+10%+93%-14%
  • Total Scope 1
  • Year-over-Year Change

What are Discover Financial Services's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Discover Financial Services were 3,038 metric tons of CO₂ equivalent (tCO₂e). a

Has Discover Financial Services reduced its Scope 1 emissions over time?

Since 2018, Discover Financial Services's Scope 1 emissions have increased by 102.26%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Discover Financial Services's Scope 1 emissions decreased by 14.35%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Discover Financial Services's Scope 2 emissions?

In 2023, Discover Financial Services reported Scope 2 greenhouse gas (GHG) emissions of 28,580 tCO₂e using the location-based method. a

Has Discover Financial Services reduced its Scope 2 emissions over time?

Since 2018, Discover Financial Services's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 24.98%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Discover Financial Services's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Discover Financial Services 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Discover Financial Services use for Scope 2 reporting?

In 2023, Discover Financial Services reported its Scope 2 emissions using the location-based method. a

Discover Financial Services's Scope 2 Emissions Over Time

201820192020202120222023010 k20 k30 k40 ktCO2e
  • Total Scope 2 Location-Based
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