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Visa Inc
Visa's GHG Emissions Data Preview
In 2024, Visa completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Visa has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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bVerified Sources Behind Visa’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Visa’s data sources below and access millions more through our Disclosure Search.
Insights into Visa's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofVisa amounted to86,958.25metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Visaincreased by 12.2%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Visa's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Visa's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Visa were 13,510.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Visa reduced its Scope 1 emissions over time?
Since 2019, Visa's Scope 1 emissions have decreased by 1.54%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Visa's Scope 1 emissions increased by 31.17%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Visa's Scope 2 emissions?
In 2024, Visa reported Scope 2 greenhouse gas (GHG) emissions of 25.38 tCOâ‚‚e using the market-based method and 73,448.15 tCOâ‚‚e using the location-based method.a
Has Visa reduced its Scope 2 emissions over time?
Since 2019, Visa's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 10.51%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Visa's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Visa's emissions have plateaued with no significant change in its energy consumption footprint.ab
What methodology does Visa use for Scope 2 reporting?
In 2024, Visa reported its Scope 2 emissions using the market-based method and using the location-based method.a
Visa's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Visa's Value Chain Emissions
In 2024, Visa reported 613,162 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Visa includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Visa's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Visa's Scope 3 emissions?
In 2024, Visa reported total Scope 3 emissions of 613,162 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Visa reduced its Scope 3 emissions over time?
Since 2019, Visa's Scope 3 emissionshave remained relatively stable, indicating that Visa's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Visa's Scope 3 emissions increased by 49.73%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
What categories of Scope 3 emissions does Visa disclose?
In 2024, Visa reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Visa's Scope 3 emissions?
In 2024, the largest contributors to Visa's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 514,893 tCOâ‚‚e(83.97%)
- Business Travel (Cat. 6): 46,002 tCOâ‚‚e(7.5%)
- Employee Commuting (Cat. 7): 33,278 tCOâ‚‚e(5.43%)
Visa's Scope 3 Emissions by Categories
Insights into Visa’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Visa reported Scope 1 greenhouse gas (GHG) emissions of 13,510.1 tCOâ‚‚e and total revenues of USD 35,922 millions. This translates into an emissions intensity of 0.38 tCOâ‚‚e per millions USD.a
Visa's Scope 1 Emissions Intensity Compared to Peers
How does Visa's GHG emissions intensity compare to its peers?
In 2024, Visa reported a Scope 1 emissions intensity of 0.38 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.24, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Visa rank on GHG emissions intensity within its industry?
In 2024, Visa ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Visa is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Visa's Total Carbon Footprint
In 2024, Visa reported a total carbon footprint of 700,120.25 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 43.76% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Visa's total carbon footprint was Scope 3 emissions, accounting for 87.58% of the company's total carbon footprint, followed by Scope 2 emissions at 10.49%.a