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Visa is a global payments technology company that is committed to driving innovation and advancing the digital economy. Founded in 1958, the company has grown to become one of the largest financial transaction processors in the world, with operations in over 200 countries and territories. Visa's mission is to connect the world through the most innovative, reliable and secure payment network, enabling individuals, businesses and economies to thrive.

As a leading global company, Visa is committed to reducing its carbon footprint and promoting decarbonisation. The company recognises the urgent need to address climate change and is taking proactive steps to reduce its environmental impact. In 2019, Visa announced its commitment to use 100% renewable electricity across its global operations by the end of 2019. This commitment was achieved through a combination of on-site solar and wind installations, power purchase agreements (PPAs) and renewable energy certificates.

Visa's commitment to decarbonisation is also reflected in its corporate energy strategy. The company is focused on reducing its energy consumption and increasing its use of renewable energy sources. Visa has implemented a number of energy efficiency measures across its global operations, including the use of energy-efficient lighting and HVAC systems, and the installation of on-site renewable energy generation facilities.

One of the key ways in which Visa is promoting renewable energy is through the use of corporate PPAs. These agreements allow companies to purchase renewable energy directly from a specific project, providing a stable, long-term source of renewable energy. Visa has signed several corporate PPAs in recent years, including agreements with wind and solar projects in the United States and the United Kingdom. Through these agreements, Visa is not only reducing its carbon footprint but also supporting the development of new renewable energy projects.

In addition to its commitment to renewable energy, Visa is also focused on reducing its overall environmental impact. The company has implemented a number of initiatives to reduce waste, conserve water and promote sustainable practices across its global operations. For example, Visa has implemented a global waste reduction program, which includes recycling and composting initiatives, as well as the use of sustainable materials in its products and packaging.

Visa is also committed to promoting sustainability throughout its supply chain. The company works closely with its suppliers to ensure that they meet its environmental and social responsibility standards. This includes a focus on reducing greenhouse gas emissions, conserving water and promoting ethical labour practices.

Overall, Visa is a company that is committed to driving innovation and advancing the digital economy, while also promoting sustainability and reducing its environmental impact. Through its commitment to renewable energy, corporate energy strategy, and focus on sustainability throughout its operations and supply chain, Visa is setting an example for other companies to follow.

✓ Re100 member
✓ Science Based Targets member
✓ Declared Net Zero commitment