Visa Sustainability Profile
Visa Inc., a global leader in digital payments, is headquartered in the United States and operates extensively across North America, Europe, Asia, and beyond. Founded in 1958, Visa has transformed the financial landscape, pioneering innovations in electronic payment systems. The company primarily focuses on facilitating secure and efficient transactions through its core products, including credit, debit, and prepaid cards, as well as advanced payment solutions like Visa Direct. What sets Visa apart is its vast network, connecting millions of merchants and financial institutions worldwide, ensuring seamless payment experiences. With a strong market position, Visa consistently ranks among the top payment processors globally, recognised for its commitment to security and innovation. Notable achievements include the introduction of contactless payments and a robust fraud prevention system, solidifying its reputation as a trusted partner in the financial services industry.
DitchCarbon Score
How does Visa's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Visa's score of 91 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Visa's reported carbon emissions
In 2024, Visa reported total carbon emissions of approximately 13510100 kg CO2e from Scope 1, 73448150 kg CO2e from Scope 2 (location-based), and 514893000 kg CO2e from Scope 3 emissions. The previous year, 2023, Visa's emissions were about 10300000 kg CO2e (Scope 1), 67200000 kg CO2e (Scope 2), and 409500000 kg CO2e (Scope 3). Visa has set ambitious climate commitments, aiming for net-zero emissions by 2040 across all scopes, including direct operations and supply chain emissions. The company has also committed to a 50% reduction in absolute Scope 1 and 2 emissions and a 42% reduction in Scope 3 emissions by 2030, using 2020 as the base year. These targets align with the Science Based Targets initiative (SBTi) framework, which Visa is actively participating in. Visa's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from Visa Inc. The company is focused on reducing its carbon footprint and enhancing sustainability practices within its operations and supply chain.
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| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | - | - | - | - | - | - | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Visa's Industry?
How Carbon Intensive is Visa's Location?
Visa's Scope 3 Categories Breakdown
Visa's Scope 3 emissions, which increased by 50% last year and decreased by approximately 3% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 84% of Scope 3 emissions.
Top Scope 3 Categories
Visa's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Visa has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
