{"id":757233,"date":"2023-05-10T08:28:46","date_gmt":"2023-05-10T12:28:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/discover-releases-inaugural-environmental-social-and-governance-esg-report\/"},"modified":"2023-05-10T08:28:46","modified_gmt":"2023-05-10T12:28:46","slug":"discover-releases-inaugural-environmental-social-and-governance-esg-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/discover-releases-inaugural-environmental-social-and-governance-esg-report\/","title":{"rendered":"Discover Releases Inaugural Environmental, Social, and Governance (ESG) Report"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Discover Releases Inaugural Environmental, Social, and Governance (ESG) Report<\/b><\/p>\n<p>RIVERWOODS, Ill.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nDiscover today published its first Environmental, Social, and Governance (ESG) report. The 2022 ESG Report outlines the progress made since the company\u2019s release of last year\u2019s Diversity, Equity &amp; Inclusion (DE&amp;I) Report and the impact created across social, environmental and governance areas. In addition to DE&amp;I North Star Goals, the report includes new social impact and environmental sustainability goals.<\/p>\n<p>\n\u201cThe release of our first ESG report is a significant milestone for us at Discover and communicating our ESG efforts transparently is a priority. The activities highlighted in this report allow us to fully deliver on our mission to help people have brighter financial futures. Long before we had formal programs, actions led by our Discover Values and Behaviors gave us a strong foundation for progress,\u201d said Matt Johanson, Chief ESG Officer &amp; Senior Vice President of Social Impact at Discover.<\/p>\n<p>\nAt the core of the ESG report is DE&amp;I and Social Impact and the company\u2019s commitment to lead efforts that use the company\u2019s platform of jobs, products, business spend, philanthropy, and more to advance equity, motivate others to effect change, and help people achieve brighter financial futures.<\/p>\n<p>\n\u201cOur team continues to work tirelessly in pursuit of achieving our DE&amp;I North Star Goals, and I\u2019m proud of the progress we are making. We\u2019re committed to creating real change and are well-positioned to positively impact our employees, customers, and communities through our DE&amp;I and ESG efforts,\u201d said Jonita Wilson, Chief Diversity Officer at Discover.<\/p>\n<p>\nHighlights from the 2022 report:<\/p>\n<p>\nDiversity<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nIncreased women Directors and People Manager populations<\/p>\n<\/li>\n<li>\nStrengthened pipeline of People of Color (POC) to management levels<\/p>\n<\/li>\n<li>\nIncreased Black and Hispanic representation at nearly all levels<\/p>\n<\/li>\n<\/ul>\n<p>\nEquity<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nEstablished a measurement system that helps us assess potential equity gaps in our talent processes<\/p>\n<\/li>\n<\/ul>\n<p>\nInclusion<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nIncreased Inclusion Index score by 3 points, achieving a score of 80\/100 or above for all identity groups<\/p>\n<\/li>\n<\/ul>\n<p>\nSocial Impact<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nOur Chatham Customer Care Center hired over 450 employees, keeping us on track to meet our goal of creating 1,000 new jobs on Chicago\u2019s South Side by 2024<\/p>\n<\/li>\n<li>\nAnnounced our decision to move our Ohio Customer Care Center to the growing and diverse city of Whitehall<\/p>\n<\/li>\n<li>\nIn 2022, we spent $103 million with diverse-owned businesses, a 27% increase from 2021<\/p>\n<\/li>\n<\/ul>\n<p>\nEnvironmental Sustainability<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nEstablished our goal to reduce our Scope 1 and Scope 2 GHG emissions by 50% from the 2017 baseline by 2030. In 2022, we reduced our Scope 1 and 2 emissions by 29%<\/p>\n<\/li>\n<\/ul>\n<p>\nGovernance<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nRisk-aware culture overseen by a separate Risk Oversight Committee<\/p>\n<\/li>\n<li>\n31% of our Board of Directors are women; 50% of our Board committees are chaired by women<\/p>\n<\/li>\n<\/ul>\n<p>\nFor more information on Discover\u2019s ESG efforts and to read the full report, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fdev-wcm.discover.com%2Fcompany%2Fesg%2F2022-esg-report%2Fhome%2F&amp;esheet=53395771&amp;newsitemid=20230510005053&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.discover.com%2Fcompany%2Fesg%2F2022-esg-report%2Fhome%2F&amp;index=1&amp;md5=e6f57ff52e8e20dfb56d213adc78051b\">https:\/\/www.discover.com\/company\/esg\/2022-esg-report\/home\/<\/a><\/p>\n<p><b>About Discover<\/b><\/p>\n<p>\nDiscover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover\u00ae card, America&#8217;s cash rewards pioneer, and offers private student loans, personal loans, home loans, checking and savings accounts and certificates of deposit through its banking business. It operates the Discover Global Network\u00ae comprised of Discover Network, with millions of merchants and cash access locations; PULSE\u00ae, one of the nation&#8217;s leading ATM\/debit networks; and Diners Club International\u00ae, a global payments network with acceptance around the world. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.discover.com%2Fcompany&amp;esheet=53395771&amp;newsitemid=20230510005053&amp;lan=en-US&amp;anchor=www.discover.com%2Fcompany&amp;index=2&amp;md5=fe4627e96fd2c7e218ea5cb175635913\">www.discover.com\/company<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230510005053r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230510005053\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230510005053\/en\/<\/a><\/span><\/p>\n<p>\nMatthew Towson<br \/>\n<br \/>224-405-5649<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:matthewtowson@discover.com\">matthewtowson@discover.com<br \/>\n<\/a><br \/>@Discover_News<\/p>\n<p><b>KEYWORDS:<\/b> Illinois United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Sustainability Payments Consumer Technology Environment DEI (Diversity, Equity and Inclusion) Women Human Resources Finance Environmental, Social and Governance (ESG)<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230510005053\/en\/309572\/3\/2012_PressReleaseLogo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Discover Releases Inaugural Environmental, Social, and Governance (ESG) Report RIVERWOODS, Ill.&#8211;(BUSINESS WIRE)&#8211; Discover today published its first Environmental, Social, and Governance (ESG) report. The 2022 ESG Report outlines the progress made since the company\u2019s release of last year\u2019s Diversity, Equity &amp; Inclusion (DE&amp;I) Report and the impact created across social, environmental and governance areas. In addition to DE&amp;I North Star Goals, the report includes new social impact and environmental sustainability goals. \u201cThe release of our first ESG report is a significant milestone for us at Discover and communicating our ESG efforts transparently is a priority. The activities highlighted in this report allow us to fully deliver on our mission to help people have brighter financial futures. Long before we had &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/discover-releases-inaugural-environmental-social-and-governance-esg-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Discover Releases Inaugural Environmental, Social, and Governance (ESG) Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-757233","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Discover Releases Inaugural Environmental, Social, and Governance (ESG) Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/discover-releases-inaugural-environmental-social-and-governance-esg-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Discover Releases Inaugural Environmental, Social, and Governance (ESG) Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Discover Releases Inaugural Environmental, Social, and Governance (ESG) Report RIVERWOODS, Ill.&#8211;(BUSINESS WIRE)&#8211; Discover today published its first Environmental, Social, and Governance (ESG) report. The 2022 ESG Report outlines the progress made since the company\u2019s release of last year\u2019s Diversity, Equity &amp; Inclusion (DE&amp;I) Report and the impact created across social, environmental and governance areas. In addition to DE&amp;I North Star Goals, the report includes new social impact and environmental sustainability goals. \u201cThe release of our first ESG report is a significant milestone for us at Discover and communicating our ESG efforts transparently is a priority. The activities highlighted in this report allow us to fully deliver on our mission to help people have brighter financial futures. 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The 2022 ESG Report outlines the progress made since the company\u2019s release of last year\u2019s Diversity, Equity &amp; Inclusion (DE&amp;I) Report and the impact created across social, environmental and governance areas. In addition to DE&amp;I North Star Goals, the report includes new social impact and environmental sustainability goals. \u201cThe release of our first ESG report is a significant milestone for us at Discover and communicating our ESG efforts transparently is a priority. The activities highlighted in this report allow us to fully deliver on our mission to help people have brighter financial futures. 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