Environmental, Social, and Governance (ESG)
We make it our mission every day to contribute to a more equitable and sustainable world so everyone can achieve a brighter financial future.
The Discover ESG strategy is focused on creating value and meeting our stakeholders' interests across specific ESG areas. Our approach includes goals across our three key ESG areas that further scale our impact through our business operations and reinforces our Core Values and mission.
| ESG Area | Goal |
|---|---|
| Diversity | Increase representation at all management levels by 2025:
|
| Equity | Establish and monitor equity measures to identify and address potential biases, which will improve recruiting, retention, and internal mobility |
| Inclusion | Achieve and maintain equally strong employee inclusion across all identity groups by 2024 |
| Social Impact | Increase hyperlocal economic impact through hiring (2,000 jobs) and combined CRA investments & philanthropic giving ($530+ million) across all locations by 2025 |
| Business Diversity: $125 million by 2025, representing more than a 100% increase from 2020 | |
| Financial Literacy & Inclusion: Advance financial inclusion and equity in existing product portfolio, and develop our first Financial Inclusion North Star Goal in 2024 | |
| Environmental Sustainability | Reduce our Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 50% from the 2017 baseline by 2030 |
| Conduct assessments and build out a road map with additional goals, including resource conservation by the end of 2023 | |
| Governance | We commit to "Doing the Right Thing" by being transparent, accountable, and ethical in everything we do |
Please refer to our forward-looking statements on the About this report page in the 2022 ESG Report.