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data-src="/content/discover/en/company/impact/home/_jcr_content/root/container/container/image.coreimg.png/1717010015653/corporate-impact-home-banner.png" itemprop="contentUrl" data-cmp-hook-image="image" alt="Discover brand name sign mounted on a living wall of green moss, next to the title of this page: "Corporate Impact"."/> </noscript> </div> </div> <div class="container responsivegrid cmp-container--white bottom-left-corner round-corner-midnightblue"> <div id="container-92f9b77d33" class="cmp-container"> <div class="spacer separator"><div id="spacer-0dcf3768ba" class="cmp-spacer"> <div class="cmp-spacer__desktop" style="margin-bottom: 60px;"></div> <div class="cmp-spacer__mobile" style="margin-bottom: 40px;"></div> </div></div> <div class="text"> <div id="text-360c5152a7" class="cmp-text"> <p><span class="cmp-text--h4">We make it our mission every day to contribute to a more <span class="cmp-text--orangefont">equitable</span> and <span class="cmp-text--orangefont">sustainable</span> world so everyone can achieve a <span class="cmp-text--orangefont">brighter financial future</span>.</span></p> </div> </div> <div class="spacer separator"><div id="spacer-bb40ca7e53" class="cmp-spacer"> <div class="cmp-spacer__desktop" style="margin-bottom: 60px;"></div> <div class="cmp-spacer__mobile" style="margin-bottom: 40px;"></div> </div></div> </div> </div> <div class="container responsivegrid cmp-container--midnightblue"> <div id="container-3428d34522" class="cmp-container"> <div class="spacer separator"><div id="spacer-c3cc5dd869" class="cmp-spacer"> <div class="cmp-spacer__desktop" style="margin-bottom: 60px;"></div> <div class="cmp-spacer__mobile" style="margin-bottom: 40px;"></div> </div></div> <div class="side-by-side container responsivegrid"> <div id="side-by-side-61709451ed" class="cmp-container"> <div class="parent-grid"> <div id="side-by-side-61709451ed1" class="column-grid cmp-sidebyside__col1 " style="background-color: "> <div class="text"> <div id="text-4750de89d4" class="cmp-text"> <p><span class="cmp-text--h4">Corporate Impact at Discover</span></p> <p>We recognize a brighter financial future is attainable only in a world that is both equitable and sustainable. Our program helps us advance sustainability and equity across our business. Diversity, equity, and inclusion support our Corporate Impact program and strategic focus around financial inclusion, social impact, and environmental sustainability. While our commitment to governance and the Discover Core Value of “Doing The Right Thing” provides the foundation for this important work, regular engagement with our key stakeholders is critical to advancing our strategy. We do this through a variety of mechanisms including shareholder outreach, surveys, meetings, partnerships, and events.</p> </div> </div> </div> <div id="side-by-side-61709451ed2" class="column-grid cmp-sidebyside__col2 " style="background-color: "> <div class="image"> <div data-cmp-is="image" data-cmp-lazy data-cmp-lazythreshold="0" data-cmp-src="/content/discover/en/company/impact/home/_jcr_content/root/container/container/container_1336181655_404950645/side_by_side/col2/image_copy.coreimg{.width}.png/1717010015558/corporate-impact-approach-diagram.png" data-asset="/content/dam/discover/en_us/esg/images/home/corporate-impact-approach-diagram.png" data-title="Circular diagram showing that our Corporate Impact approach includes diversity, equity, and inclusion, financial inclusion, social impact, and environmental sustainability." id="image-892fc72f19" class="cmp-image" itemscope itemtype="http://schema.org/ImageObject"> <noscript data-cmp-hook-image="noscript"> <img 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class="container responsivegrid cmp-container--white"> <div id="container-4a482f981e" class="cmp-container"> <div class="spacer separator"><div id="spacer-ae20814e60" class="cmp-spacer"> <div class="cmp-spacer__desktop" style="margin-bottom: 60px;"></div> <div class="cmp-spacer__mobile" style="margin-bottom: 40px;"></div> </div></div> <div class="side-by-side container responsivegrid"> <div id="side-by-side-c77fcb8ab0" class="cmp-container"> <div class="parent-grid"> <div id="side-by-side-c77fcb8ab01" class="column-grid cmp-sidebyside__col1 " style="background-color: "> <div class="image"> <div data-cmp-is="image" data-cmp-lazy data-cmp-lazythreshold="0" data-cmp-src="/content/discover/en/company/impact/home/_jcr_content/root/container/container/container_1336181655_322256485/side_by_side/col1/image.coreimg{.width}.png/1717010015630/2023-corporate-impact-report.png" data-asset="/content/dam/discover/en_us/esg/images/home/2023-corporate-impact-report.png" data-title="Front cover of 2023 Discover Corporate Impact report" id="image-be9c5c4b88" class="cmp-image" itemscope itemtype="http://schema.org/ImageObject"> <noscript data-cmp-hook-image="noscript"> <img class="cmp-image__image no-lazy" src="/content/discover/en/company/impact/home/_jcr_content/root/container/container/container_1336181655_322256485/side_by_side/col1/image.coreimg.png/1717010015630/2023-corporate-impact-report.png" data-src="/content/discover/en/company/impact/home/_jcr_content/root/container/container/container_1336181655_322256485/side_by_side/col1/image.coreimg.png/1717010015630/2023-corporate-impact-report.png" itemprop="contentUrl" data-cmp-hook-image="image" alt="Front cover of 2023 Discover Corporate Impact report"/> </noscript> </div> </div> </div> <div id="side-by-side-c77fcb8ab02" class="column-grid cmp-sidebyside__col2 " style="background-color: "> <div class="spacer separator"><div id="spacer-fb84b76b52" class="cmp-spacer"> <div class="cmp-spacer__desktop" style="margin-bottom: 60px;"></div> <div class="cmp-spacer__mobile" style="margin-bottom: 40px;"></div> </div></div> <div class="text"> <div id="text-5ee1cdfb04" class="cmp-text"> <p><span class="cmp-text--h4">Our Corporate Impact Report</span></p> <p>Learn about the progress we have made towards our goals and focus areas.</p> </div> </div> <div class="download"><div id="download-a6ede18aa3" class="cmp-download"> <a class="cmp-download__link" href="/content/dam/discover/en_us/esg/docs/2023_Discover%20Corporate%20Impact%20Report.pdf.coredownload.pdf" role="button"> <span class="cmp-download__text"> Download Report </span> </a> <div class="cmp-download__dateUpdated">Updated 09/16/2024</div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="spacer separator"><div id="spacer-719fe3a8b0" class="cmp-spacer"> <div class="cmp-spacer__desktop" style="margin-bottom: 60px;"></div> <div class="cmp-spacer__mobile" style="margin-bottom: 40px;"></div> </div></div> <div class="text"> <div id="text-a143546b0a" class="cmp-text"> <h4 style="text-align: center;">Our goals</h4> </div> </div> <div class="accordion panelcontainer"> <div id="accordion-5dbaeaba42" class="cmp-accordion" data-cmp-is="accordion" data-placeholder-text="false"> <div class="cmp-accordion__item" data-cmp-hook-accordion="item" data-cmp-data-layer="{"accordion-5dbaeaba42-item-66963b209c":{"@type":"dfs-dei/components/accordion/item","dc:title":"Diversity, Equity, and Inclusion"}}" id="accordion-5dbaeaba42-item-66963b209c"> <h3 class="cmp-accordion__header"> <button id="accordion-5dbaeaba42-item-66963b209c-button" class="cmp-accordion__button" type="button" aria-controls="accordion-5dbaeaba42-item-66963b209c-panel" data-cmp-hook-accordion="button"> <span class="cmp-accordion__title">Diversity, Equity, and Inclusion</span> <span class="cmp-accordion__icon"></span> </button> </h3> <div data-cmp-hook-accordion="panel" id="accordion-5dbaeaba42-item-66963b209c-panel" class="cmp-accordion__panel cmp-accordion__panel--hidden" role="region" aria-labelledby="accordion-5dbaeaba42-item-66963b209c-button"><div class="container responsivegrid cmp-container--wrapper"> <div id="container-66963b209c" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="text aem-GridColumn aem-GridColumn--default--12"> <div id="text-0f3e054393" class="cmp-text"> <p><span class="cmp-text--orangefont">Diversity</span><br /> Foster a diverse and equitable workforce that is reflective of the customers and communities we serve</p> <p><br /> <span class="cmp-text--orangefont">Equity</span><br /> Establish and monitor equity measures to identify and address potential biases, which will improve recruiting, retention, and internal mobility<br /> <br /> <span class="cmp-text--orangefont">Inclusion</span><br /> Achieve and maintain equally strong employee inclusion across all identity groups by 2024<br /> <br /> </p> </div> </div> </div> </div> </div> </div> </div> <div class="cmp-accordion__item" data-cmp-hook-accordion="item" data-cmp-data-layer="{"accordion-5dbaeaba42-item-555916a6e7":{"@type":"dfs-dei/components/accordion/item","dc:title":"Social Impact"}}" id="accordion-5dbaeaba42-item-555916a6e7"> <h3 class="cmp-accordion__header"> <button id="accordion-5dbaeaba42-item-555916a6e7-button" class="cmp-accordion__button" type="button" aria-controls="accordion-5dbaeaba42-item-555916a6e7-panel" data-cmp-hook-accordion="button"> <span class="cmp-accordion__title">Social Impact</span> <span class="cmp-accordion__icon"></span> </button> </h3> <div data-cmp-hook-accordion="panel" id="accordion-5dbaeaba42-item-555916a6e7-panel" class="cmp-accordion__panel cmp-accordion__panel--hidden" role="region" aria-labelledby="accordion-5dbaeaba42-item-555916a6e7-button"><div class="container responsivegrid cmp-container--wrapper"> <div id="container-555916a6e7" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="text aem-GridColumn aem-GridColumn--default--12"> <div id="text-43eec07ce9" class="cmp-text"> <p>Increase hyperlocal economic impact through hiring (2,000 jobs) and combined CRA investments & philanthropic giving ($530+ million) across all locations by 2025<br /> <br /> Achieve $125 million in business diversity spend by 2025, representing more than a 100% increase from 2020<br /> </p> </div> </div> </div> </div> </div> </div> </div> <div class="cmp-accordion__item" data-cmp-hook-accordion="item" data-cmp-data-layer="{"accordion-5dbaeaba42-item-1fb98a9f1a":{"@type":"dfs-dei/components/accordion/item","dc:title":"Financial Inclusion"}}" id="accordion-5dbaeaba42-item-1fb98a9f1a"> <h3 class="cmp-accordion__header"> <button id="accordion-5dbaeaba42-item-1fb98a9f1a-button" class="cmp-accordion__button" type="button" aria-controls="accordion-5dbaeaba42-item-1fb98a9f1a-panel" data-cmp-hook-accordion="button"> <span class="cmp-accordion__title">Financial Inclusion</span> <span class="cmp-accordion__icon"></span> </button> </h3> <div data-cmp-hook-accordion="panel" id="accordion-5dbaeaba42-item-1fb98a9f1a-panel" class="cmp-accordion__panel cmp-accordion__panel--hidden" role="region" aria-labelledby="accordion-5dbaeaba42-item-1fb98a9f1a-button"><div class="container responsivegrid cmp-container--wrapper"> <div id="container-1fb98a9f1a" class="cmp-container"> <div class="text"> <div id="text-546d3819a3" class="cmp-text"> <p>Enable more people to enter and advance within the financial system and support the financial wellness of our employees</p> </div> </div> </div> </div> </div> </div> <div class="cmp-accordion__item" data-cmp-hook-accordion="item" data-cmp-data-layer="{"accordion-5dbaeaba42-item-ad7e9e9794":{"@type":"dfs-dei/components/accordion/item","dc:title":"Environmental Sustainability"}}" id="accordion-5dbaeaba42-item-ad7e9e9794"> <h3 class="cmp-accordion__header"> <button id="accordion-5dbaeaba42-item-ad7e9e9794-button" class="cmp-accordion__button" 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Scope 2 is defined as indirect emissions generated by electricity purchased from a utility provider. Discover is developing a strategy to implement decarbonization measures that further reduce our Scope 1 and 2 footprint including: Maximizing building efficiency through lighting upgrades and end-of-life equipment replacements. Improving building automation and set point optimization, behavioral changes, and retro commissioning of existing building systems. Evaluating electrification to reduce use of fossil fuels, explore onsite solar, and offsite renewable energy investments such as a Virtual Power Purchase Agreement. Our emissions are not currently verified by an independent third‑party. Discover reports under the “control” approach for emissions in Scopes 1 and 2, as defined in the Greenhouse Gas Protocol, from sources over which it has operational control. Scope 2 Emissions are calculated using the location-based method which reflects the average emissions intensity of grids on which energy consumption occurs. In 2023, we aligned electrical grid coefficients with the reporting year dating back to 2017. The changes are reflected in our latest ESG report. Discover uses the U.S. EPA eGRID sub-regional average emission factors to calculate indirect emissions resulting from the purchase of electricity in the United States, while indirect emissions resulting from the purchase of electricity outside of the U.S. are calculated using DEFRA for the UK. 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