Case Studies / Discovery
Financial Services

Discovery: It's a Long Journey to Sustainability

Make sure you plan ahead. How Discovery embedded science-based emissions targets across its footprint and has hit every annual reduction goal since FY2019, a 31% cut in absolute emissions by FY25.

GCX Conversations · Discovery
41
Markets Served
180,358
SQM Footprint
31%
Emissions Reduction (FY25)
Every
Annual Target Met
Overview

A financial services pioneer with sustainability at its core

Discovery is a proudly South African-founded financial services organisation that operates in the healthcare, life insurance, short-term insurance, long-term savings, banking, and wellness markets. Since its founding in 1992, Discovery has been guided by a clear core purpose: to make people healthier and to enhance and protect their lives.

They have been able to do this by pioneering the Shared-value Insurance model, which delivers better health and value for clients, superior actuarial dynamics for the insurer, and a healthier society.

Discovery supports the Paris Agreement's goals to limit global warming to well below 2°C and to pursue efforts to limit warming to 1.5°C. They work to align their actions with best practice and, through their industry commitments, advocate and collaborate to enhance our collective climate-related impact.

At a Glance
Client
Discovery Limited
Locations
South Africa, the United Kingdom, and a single office in the United States
Size
Products operational in 41 markets across the globe
Sector
Life insurance, medical scheme administration, short-term insurance, long-term savings, banking
Assets
11 in SA (plus 42 small sales offices), 4 in the UK, 1 in the US
Square Meters
180,358 sqm
Platform
GCX DASH
Full write-up

Full Case Study Available

Get the complete picture: methodology, data, and detailed outcomes: in the downloadable PDF.

The Challenge

Three challenges needing effective solutions

Discovery was seeking to address sustainability challenges across data, targets, and reporting transparency.

01
Data management processes
Managing emissions data collection and reporting across a large, multi-location footprint spanning South Africa, the UK, and the US.
02
Science-based target planning
Planning, implementing, and monitoring a science-based (SBT) emissions target that is both ambitious and achievable year on year.
03
Net zero waste reporting
Achieving accurate reporting and transparency for net zero waste accreditation and ongoing target tracking.
"Our partnership with GCX has evolved tremendously. Over time they have enhanced their product offerings and capabilities, becoming an invaluable one-stop-shop for both knowledge and expertise. We now seamlessly tap into their advanced tools and insights, which has streamlined our processes and allowed us to make more informed decisions."
TM
Tshepi Molefe
Environmental Sustainability Specialist, Discovery

Download the full case study

Get the complete picture of Discovery's journey: data management, science-based targets, and the results in detail.

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