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 69 is higher than 99% 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 greenhouse gas emissions of approximately 67,200,000 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. The company has set ambitious climate commitments, pledging to achieve net-zero emissions across its entire value chain by 2040. Visa's near-term targets include a significant reduction of 81.22% in absolute Scope 1 and 2 emissions by FY2030, based on a FY2019 baseline. Additionally, it aims to reduce absolute Scope 3 emissions by 46.2% within the same timeframe. Long-term, Visa commits to a 90% reduction in all scopes by 2040, also referencing land-related emissions and bioenergy feedstock removals. These commitments align with Visa's participation in the Science Based Targets initiative (SBTi), ensuring that their targets are consistent with the global goal of limiting warming to 1.5°C. The company is actively working towards these goals as part of its broader sustainability strategy, reflecting its commitment to addressing climate change and reducing its carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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.
