Visa Inc

Common Name
Visa
Country
United States
Sector
Financial Services
Industry
Credit Services
Employees
28,800
Ticker
V
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Visa Inc. is a preeminent financial services corporation specializing in facilitating electronic payments globally. Visa operates one of the world's largest retail electronic payment networks and serv...

Visa Energy Data Preview

In 2023, Visa disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Visa also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Visa also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, Visa did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Visa's Energy Renewability

In 2023, Visa consumed a total of 841,000 Gigajoules of energy across its operations. Of this total, 81.69% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 18.31% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Visa's Energy Renewability Rate

82%

How much of Visa's energy consumed is renewable?

In 2023, Visa consumed a total of 841,000 Gigajoules of energy, of which 81.69% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This high level of renewable energy use suggests that Visa has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.

Are Visa's energy practices becoming more sustainable?

Since 2020, Visa's total energy consumption increased by 19.46%, including a 12.58% increase in 2023, reflecting a sustained rise in overall energy demand.

Over the same period, the share of renewable energy increased by 5.33%, but declined by 5.1% in 2023, suggesting recent volatility or sourcing constraints.

Overall, Visa’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Visa's Renewable vs Non-renewable Energy Over Time

755.7 k355.7 k44.3 k755.7 kGigajoules (GJ)202020212022202378%91%86%82%22%14%18%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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