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 significant greenhouse gas emissions, with total emissions amounting to approximately 409,500,000 kg CO2e. This figure includes 10,300,000 kg CO2e from Scope 1 emissions, 67,200,000 kg CO2e from Scope 2 emissions, and 409,500,000 kg CO2e from Scope 3 emissions. Visa has set ambitious climate commitments, pledging to achieve net-zero emissions across its entire value chain by 2040. To support this goal, Visa has established near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 50% by FY2030 from a FY2020 base year. Additionally, the company aims to cut absolute Scope 3 GHG emissions by 42% within the same timeframe. Furthermore, Visa has committed to a more aggressive reduction of 81.22% for Scope 1 and 2 emissions and 46.2% for Scope 3 emissions by FY2030, using FY2019 as the base year. Visa's long-term strategy includes a target to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by FY2040 from the same FY2019 base year. These initiatives reflect Visa's commitment to sustainability and its proactive approach to addressing climate change, aligning with industry standards and expectations for corporate responsibility.
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.
