Discovery Ltd

Common Name
Discovery
Country
South Africa
Sector
Financial Services
Industry
Insurance - Life
Employees
N/A
Ticker
DSY
Exchange
JOHANNESBURG STOCK EXCHANGE
Description
Discovery Ltd is a leading financial services company that primarily engages in the provision of health insurance and investment products. The company's core mission is to enhance and protect the live...

Discovery's GHG Emissions Data Preview

In 2024, Discovery 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Discovery has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Discovery’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 Discovery’s data sources below and access millions more through our Disclosure Search.

a. Discovery's Climate Assessment Report 2024
a. Discovery's Climate Assessment Report 2024

Insights into Discovery's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Discovery amounted to 28,552 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 2023, the total operational greenhouse gas (GHG) emissions of Discovery decreased by 3.64%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Discovery's Scope 1 Emissions Over Time

20192020202120222023202406501.3 k1.95 k2.6 ktCO2e+28%-38%+20%+44%-11%
  • Total Scope 1
  • Year-over-Year Change

What are Discovery's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Discovery were 2,200 metric tons of CO₂ equivalent (tCO₂e). a

Has Discovery reduced its Scope 1 emissions over time?

Since 2019, Discovery's Scope 1 emissions have increased by 21.55%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Discovery's Scope 1 emissions decreased by 11.47%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Discovery's Scope 2 emissions?

In 2024, Discovery reported Scope 2 greenhouse gas (GHG) emissions of 26,015 tCO₂e using the market-based method and 26,352 tCO₂e using the location-based method. a

Has Discovery reduced its Scope 2 emissions over time?

Since 2019, Discovery's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 22.33%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Discovery's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Discovery 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Discovery use for Scope 2 reporting?

In 2024, Discovery reported its Scope 2 emissions using the market-based method and using the location-based method. a

Discovery's Scope 2 Emissions Over Time

20192020202120222023202409 k18 k27 k36 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Discovery's Value Chain Emissions

In 2024, Discovery reported 31,685 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Discovery includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Discovery's Scope 3 Emissions Over Time

20192020202120222023202408 k16 k24 k32 ktCO2e-25%-61%+199%+23%+11%
  • Total Scope 3
  • Year-over-Year Change

What are Discovery's Scope 3 emissions?

In 2024, Discovery reported total Scope 3 emissions of 31,685 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 95.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.81% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Discovery reduced its Scope 3 emissions over time?

Since 2019, Discovery's Scope 3 emissions have increased by 20.76%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Discovery's Scope 3 emissions increased by 11.27%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Discovery disclose?

In 2024, Discovery reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Discovery's Scope 3 emissions?

In 2024, the largest contributors to Discovery's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 12,610 tCO₂e (39.8%)
  • Fuel- and Energy-Related Services (Cat. 3): 10,704 tCO₂e (33.78%)
  • Business Travel (Cat. 6): 6,180 tCO₂e (19.5%)

Discovery's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(19.5%)Employee Commuting(Cat. 7)(39.8%)Fuel- andEnergy-RelatedServices (Cat. 3)(33.8%)

Insights into Discovery’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Discovery reported Scope 1 greenhouse gas (GHG) emissions of 2,200 tCO₂e and total revenues of USD 3,718 millions. This translates into an emissions intensity of 0.59 tCO₂e per millions USD. a

Discovery's Scope 1 Emissions Intensity Compared to Peers

2501,00020,000500,000Scope 1 Emissions (tCO2e)505005,00050,000200,000Revenues (Millions of USD)PPrimericaYear: 2023Scope 1: 588 tCO2eRevenue: $M 2,816Scope 1 Intensity: 0.21 tCO2e/$MThai Life InsuranceYear: 2024Scope 1: 1,298 tCO2eRevenue: $M 3,174Scope 1 Intensity: 0.41 tCO2e/$MCNO Financial GroupYear: 2024Scope 1: 1,255 tCO2eRevenue: $M 4,446Scope 1 Intensity: 0.28 tCO2e/$MOUTsurance GroupYear: 2024Scope 1: 819 tCO2eRevenue: $M 1,772Scope 1 Intensity: 0.46 tCO2e/$MNedbank GroupYear: 2024Scope 1: 2,083 tCO2eRevenue: $M 3,579Scope 1 Intensity: 0.58 tCO2e/$MDai-ichi Life HoldingsYear: 2024Scope 1: 26,068 tCO2eRevenue: $M 69,256Scope 1 Intensity: 0.38 tCO2e/$MAbsa GroupYear: 2024Scope 1: 12,049 tCO2eRevenue: $M 5,865Scope 1 Intensity: 2.05 tCO2e/$MAIA GroupYear: 2024Scope 1: 2,566 tCO2eRevenue: $M 20,349Scope 1 Intensity: 0.13 tCO2e/$MSamsung Life InsuranceYear: 2024Scope 1: 32,288 tCO2eRevenue: $M 16,285Scope 1 Intensity: 1.98 tCO2e/$MManulife FinancialYear: 2024Scope 1: 123,897 tCO2eRevenue: $M 31,687Scope 1 Intensity: 3.91 tCO2e/$MPPPT Pacific Strategic FinancialYear: 2023Scope 1: 25 tCO2eRevenue: $M 135Scope 1 Intensity: 0.18 tCO2e/$MMetLifeYear: 2024Scope 1: 10,611 tCO2eRevenue: $M 69,901Scope 1 Intensity: 0.15 tCO2e/$MSanlamYear: 2024Scope 1: 1,880 tCO2eRevenue: $M 12,076Scope 1 Intensity: 0.16 tCO2e/$MPower Corporation of CanadaYear: 2023Scope 1: 10,379 tCO2eRevenue: $M 29,799Scope 1 Intensity: 0.35 tCO2e/$MTawuniyaYear: 2022Scope 1: 1,535 tCO2eRevenue: $M 2,658Scope 1 Intensity: 0.58 tCO2e/$MAflacYear: 2024Scope 1: 2,850 tCO2eRevenue: $M 19,128Scope 1 Intensity: 0.15 tCO2e/$MLincoln NationalYear: 2024Scope 1: 2,137 tCO2eRevenue: $M 17,988Scope 1 Intensity: 0.12 tCO2e/$MMercuries Life InsuranceYear: 2023Scope 1: 518 tCO2eRevenue: $M 4,017Scope 1 Intensity: 0.13 tCO2e/$MChallengerYear: 2024Scope 1: 3 tCO2eRevenue: $M 426Scope 1 Intensity: 0.01 tCO2e/$MPrudentialYear: 2024Scope 1: 1,562 tCO2eRevenue: $M 6,010Scope 1 Intensity: 0.26 tCO2e/$MSBI Life InsuranceYear: 2025Scope 1: 4,109 tCO2eRevenue: $M 13,686Scope 1 Intensity: 0.30 tCO2e/$MChina Pacific Insurance GroupYear: 2024Scope 1: 44,275 tCO2eRevenue: $M 42,679Scope 1 Intensity: 1.04 tCO2e/$MHapvidaYear: 2024Scope 1: 9,637 tCO2eRevenue: $M 4,680Scope 1 Intensity: 2.06 tCO2e/$MPing AnYear: 2024Scope 1: 28,158 tCO2eRevenue: $M 102,059Scope 1 Intensity: 0.28 tCO2e/$MDiscoveryYear: 2024Scope 1: 2,200 tCO2eRevenue: $M 3,718Scope 1 Intensity: 0.59 tCO2e/$M

How does Discovery's GHG emissions intensity compare to its peers?

In 2024, Discovery reported a Scope 1 emissions intensity of 0.59 tCO₂e per millions USD. Compared to the peer group median of 0.29 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Discovery rank on GHG emissions intensity within its industry?

In 2024, Discovery ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Discovery among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Discovery's Total Carbon Footprint

In 2024, Discovery reported a total carbon footprint of 60,237 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.67% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Discovery's total carbon footprint was Scope 3 emissions, accounting for 52.6% of the company's total carbon footprint, followed by Scope 2 emissions at 43.75%. a

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