Visa
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 47 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Visa's reported carbon emissions
In 2023, Visa reported total emissions of approximately 409,500,000 kg CO2e, comprising 10,300,000 kg CO2e from Scope 1, 67,200,000 kg CO2e from Scope 2, and 409,500,000 kg CO2e from Scope 3 emissions. This reflects the company's ongoing commitment to sustainability and climate action. Visa has set an ambitious target to achieve net-zero emissions by 2040, encompassing all scopes of emissions. This commitment was formalised in 2021 when Visa signed the Climate Pledge, reinforcing its dedication to reducing its carbon footprint and contributing to global climate goals. Over the years, Visa has made significant strides in reducing its emissions. For instance, from 2015 to 2020, the company reduced its Scope 1 and 2 emissions from approximately 64,300,000 kg CO2e to about 13,914,000 kg CO2e. This represents a substantial decrease in operational emissions, showcasing Visa's proactive approach to sustainability. Visa's climate commitments and reduction initiatives align with industry standards and reflect a growing recognition of the importance of corporate responsibility in addressing climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | - | - | - | - | - | 00,000,000 | 0,000,000 | 0,000,000 | - | - | 000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Visa is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
