Discover Adds Carbonfund.org as a Cashback Bonus® Redemption Option, Extending Sustainability Commitment to Cardmembers
20 Aprile 2021 - 2:00PM
Business Wire
$1 Cashback Bonus = 1 tree planted. That's
all it takes to make an impact when cardmembers donate Cashback
Bonus® to Carbonfund.org.
Discover announced today that Carbonfund.org, a leading
nonprofit carbon reduction and offset organization, has been added
as a Cashback Bonus® redemption option to give cardmembers an
opportunity to help better the environment. Each dollar of Cashback
Bonus® donated by cardmembers will plant one tree through projects
taking place in communities across the world. As six in 10
Americans1 say global climate change is affecting their local
community, this reward offering will provide a simple way to help
make an impact.
“Discover takes seriously our responsibility to protect our
shared natural resources and give back to our communities,” said
Kate Manfred, chief marketing officer of Discover. “We know this is
a priority for our cardmembers as well, and we’re proud to provide
an innovative Cashback Bonus® redemption option that makes it easy
for cardmembers to make an impact and help better our planet.”
Carbonfund.org provides Discover with a seamless opportunity to
support carbon offset initiatives and strengthen its rewards
program with sustainable redemption options. The relationship
aligns with the goals of Discover to promote a low carbon future
and help fight climate change.
“We are very excited about our relationship with Discover,
offering customers the opportunity to support formal tree planting
projects around the globe as part of their Cashback Bonus®
program,” said Eric Carlson, President of Carbonfund.org
Foundation. “Discover is working to make a significant impact on
mitigating climate change by providing opportunities for their
customers to support world-class tree planting projects that also
provide benefits to local rural communities.”
Cardmembers looking to donate their Cashback Bonus® rewards to
Carbonfund.org and other nonprofits now have the option of doing so
through the Discover Mobile App in addition to a home computer or
over the phone. Other nonprofit organizations supported through
Cashback Bonus® rewards include ASPCA, American Cancer Society,
American Red Cross, Children’s Miracle Network, Junior Achievement,
Juvenile Diabetes Research Foundation, Make-A-Wish Foundation,
Operation Homefront, and World Wildlife Fund.
To learn more about Cashback Bonus® from Discover, visit
https://www.discover.com/credit-cards/cashback-bonus/.
About Discover
Discover 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 card, America'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 comprised of Discover Network, with millions of merchant
and cash access locations; PULSE, one of the nation's leading
ATM/debit networks; and Diners Club International, a global
payments network with acceptance around the world. For more
information, visit www.discover.com/company.
About Carbonfund.org
Carbonfund.org Foundation is a leading nonprofit carbon
reduction and offset organization, making it easy and affordable
for individuals, businesses and organizations to reduce their
climate impact. Carbon offsets enable anyone to reduce carbon
dioxide emissions in their everyday lives by supporting
high-quality verified renewable energy, energy efficiency and
forestry projects. Carbonfund.org has worked with over 750,000
individual supporters and 2,000 business and nonprofit partners,
together funding 185 carbon reduction and tree-planting projects
across 40 states and 20 countries.
1 “How Americans see climate change and the environment in 7
charts.” Pew Research Center, Washington, D.C. (April 21, 2020)
https://www.pewresearch.org/fact-tank/2020/04/21/how-americans-see-climate-change-and-the-environment-in-7-charts/
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version on businesswire.com: https://www.businesswire.com/news/home/20210420005253/en/
Matthew Towson 224-405-5649 matthewtowson@discover.com
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