Visa

Data Processing & Outsourced Services

$ 256 (0.03)%

Share price

$ 525 bn

Market Cap

$ 517 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2023

Visa aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2020

This target is most likely outdated and the company appears to have already achieved it

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.5% weighted average for S&P 500

FY2023

Visa aims to achieve net zero for all Scopes by 2040

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Visa reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2022 at 6.4 Kt (+2.4/+60% y-o-y). Carbon intensity also remained flat at 0.2 t.

Visa's Scope 3 emissions was up at 404 Kt (+83/+26% y-o-y). The growth has slowed compared to the trend since 3Q'13 (CAGR +32%).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2020, which it appears to have already achieved as of 2022. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2040, which translates into the estimated reduction of -23 Kt per annum over the period of FY2023 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q3	6.4	6.4	0	404	29,310	0.2
2021Q3	4	4	0	321	24,105	0.2
2020Q3	14	5.1	8.8	409	21,846	0.6
2019Q3	65	12	53	522	22,977	2.8
2018Q3	63	8.6	55	224	20,609	3.1
2017Q3	66	9.1	57	55	18,358	3.6
2016Q3	78	9	69	50	15,082	5.2
2015Q3	73	18	55	33	13,880	5.3
2014Q3	84	11	73	25
2013Q3	81	7.4	73	25
2012Q3	76	8.2	68	26
2011Q3	79	11	69	22
2010Q3	79	12	67	20
2009Q3	94	13	81	11