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) | 2023 | 2022 | 2021 | 2020 - 2017 |
---|---|---|---|---|
Total Energy Consumed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Electricity Consumed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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. a
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. a
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.
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. a
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. a
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.