Visa Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2021, 2019, 2018, 2016

In its 2022 reporting, Visa Inc. disclosed greenhouse gas emissions of 6.4K MTCO₂e. By scope: Scope 1: 6.4K MTCO₂e; Scope 2: 60.9K MTCO₂e; Scope 3: 403.9K MTCO₂e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
6.4K MTCO₂e
2022
⚡
Renewable Energy
86%
of total energy
💧
Water Usage
301 ML
2022
♻️
Waste
2.5K MT
2022
⚙️
Energy Use
747.0K GJ
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).6.4K MTCO₂e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.60.9K MTCO₂e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).403.9K MTCO₂e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20226.4K MTCO₂e
20214.0K MTCO2e (Scope 1 & 2)
201962.4K MTCO2e
201862.4K MTCO2e
2016127.7K MTCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Digitally enable 50M SMBs worldwide by the end of 2023
  • Increase the number of underrepresented VP+ in the U.S. by 50% in 3 years
  • Increase the number of underrepresented colleagues within Visa overall in the U.S. by 50% in 5 years

📅 Medium-term

  • Reduce absolute scopes 1 and 2 greenhouse gas emissions 50% by FY30 from a FY20 base year
  • Reduce absolute scope 3 GHG emissions 42% by FY30 from a FY20 base year

🔭 Long-term

  • Net zero emissions by 2040

🌱 ESG Focus Areas

Empowering People, Communities & EconomiesEnabling Trusted Commerce & Protecting CustomersInvesting in Our PeopleProtecting the PlanetOperating Responsibly

⚠️ Challenges & Risks +

  • More than a billion people remain outside the formal financial system
  • Geopolitical and macroeconomic environments continue to be uncertain
  • Many small businesses still face challenges
  • Natural disasters increase in frequency and strength

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Standards, SASB Software & IT Services Standard, TCFD, WEF Stakeholder Capitalism Metrics
Assurance: Apex Companies, LLC (limited assurance for GHG emissions)