Visa Inc. Class A.
V.US | Other financial service activities, except insurance and pension funding activities, n.e.c.
Visa Inc. is a global payments technology company that facilitates digital payments among consumers, merchants, financial institutions, and governments across more than 200 countries and territories. The company operates VisaNet, one of the world's most advanced global processing networks, providing...Show More
Better Health for All
0
Visa's operations generate positive health externalities by actively mitigating financial fraud, blocking over $54 billion in attempted fraud globally in 2023.
1
This represents a best-in-class remediation effort against financial stress, which can impact mental health. Additionally, Visa demonstrates commitment to healthcare education, with its financial education resources accessed by over 7 million individuals in 180 countries during 2023.
2
aiming to improve financial literacy around healthcare spending. The company's core payment processing services are generally health-neutral, and its business activities do not generate revenue from products with negative health outcomes, nor do its products carry direct physical or mental health safety implications or risks requiring disclosure. Visa is not involved in pharmaceutical patents, nutrition, addiction-prone products, or clinical trials. Several KPIs, including vulnerable reach, health innovation investment, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, and mental health initiatives, are omitted due to a lack of specific, quantifiable data in the provided articles.
Fair Money & Economic Opportunity
0
Visa's business model as a global payments technology company means it does not issue cards, extend credit, or set rates and fees for consumers. Consequently, several KPIs related to direct consumer lending and deposit services are not applicable. This includes pricing fairness, exploitative fee exposure, fair lending compliance, and debt burden ratio, all scoring 0 as Visa does not offer the relevant consumer financial products. Similarly, underserved client share and wealth building outcome score 0 due to the absence of direct lending/deposit services to consumers and lack of specific outcome percentages for Visa's direct users. Geographic inclusion also scores 0 as the company does not operate financial service access points. Other KPIs, including inclusion initiatives, data accessibility, profit reinvestment, financial literacy initiatives, and product simplicity, are omitted due to the absence of specific quantitative data points required by the rubric, such as percentages of loan books, profit reinvestment percentages, or specific reading grade levels for product documentation.
Fair Pay & Worker Respect
40
For fiscal year 2025, Visa's CEO-to-median employee pay ratio was 204:1
1
, with the median employee pay at $154,909.
2
In fiscal year 2023, women globally earned $1.00 for every $1.00 earned by men for the same work
3
, and underrepresented employees in the U.S. earned $1.00 for every $1.00 earned by white employees for the same work.
4
Employee surveys indicate that 95% of responding employees reported being proud to work for Visa
5
, and 91% would recommend Visa as a great place to work.
6
As of September 30, 2024, the voluntary workforce turnover rate was 5%.
7
All full-time employees in the U.S. are paid a minimum of $20 per hour
8
, and Visa participates in the U.K. living wage standards.
9
Fair Trade & Ethical Sourcing
0
Visa is a payments technology company that does not procure or trade physical commodities. Consequently, it has no spend on fair-trade certified inputs or high-risk materials, and no supply chain tiers to map for provenance. The company has integrated ESG criteria into its sourcing strategy, utilizing an ESG framework
1
, and conducts supplier assessments with organizations like CDP and EcoVadis
2
. Visa has a Supplier Code of Conduct emphasizing fair labor practices and prohibiting forced or child labor
3
. Additionally, Visa has launched a Supplier Diversity Program to integrate small and diverse suppliers into its strategic sourcing and procurement
4
.
Honest & Fair Business
30
Visa received a 100% rating on the CPA–Zicklin Index of Corporate Political Disclosure and Accountability, recognized as a “Trendsetter” for the ninth consecutive year.
1
The company maintains a comprehensive Anti-Bribery Policy that complies with global anti-bribery laws, applies to all directors, officers, employees, and contingent workers, and explicitly prohibits facilitation payments.
2
This policy is reviewed annually and subject to periodic internal audit review.
3
In 2023, Visa achieved a 100% completion rate for annual ethics and compliance training for eligible employees.
4
Additionally, Visa provides a 24/7 confidential Ethics and Compliance Hotline, which allows anonymous reporting where local law permits, and explicitly prohibits retaliation against individuals who report concerns in good faith, with all reports of violations being investigated.
5
Kind to Animals
0
Visa is a global payments technology company whose service-oriented business model does not involve animal-derived products, animal testing, animal husbandry, or animal agriculture. Its Supplier Code of Conduct and ESG programs for suppliers cover human rights, environmental impact, and climate change, but do not explicitly address animal welfare compliance.
1
Despite its limited direct impact on ecosystems, Visa engages in wildlife conservation. In November 2023, Visa partnered with the Taronga Conservation Society Australia to support koala conservation and aid in the release of over 55,000 animals back into the wild.
2
Additionally, in May 2023, the Visa Foundation provided a $250,000 grant to Emirates Nature-WWF for conservation efforts in the UAE, focusing on nature-positive farming practices.
3
Visa also includes nature-based solutions like forest conservation in its carbon offset strategy.
4
No War, No Weapons
-20
Visa Inc. is a payments technology company not engaged in military contracts, arms production, or related industries.
1
The company has an Anti-Money Laundering, Anti-Terrorist Financing, and Sanctions Policy to comply with sanctions and export controls, including risk-based due diligence and screening for business partners.
2
In March 2022, Visa suspended operations in Russia.
3
Visa Foundation provided a $2 million grant to UNICEF for humanitarian aid in Ukraine in March 2022.
4
, representing approximately 0.006% of its $32.653 billion net revenue in fiscal year 2023.
5
Visa's approach to human rights is informed by the UN Guiding Principles, and it launched a refresh of its human rights saliency assessment with a third-party firm, publishing an annual ESG Report.
6
The company uses AI for fraud prevention and network security and has an AI governance function, with no indication of military use.
7
Planet-Friendly Business
-20
Visa's total Scope 1, 2, and 3 GHG emissions were 634,710 tCO₂e in FY2024.
1
The company's near-term science-based targets for Scope 1, 2, and 3 emissions are approved by the SBTi, aligned with a 1.5°C pathway, and were updated and approved in January 2025.
2
In FY2024, 84.19% of operational energy consumption was sourced from renewables.
3
Water use was 7.20 m³ per $1 M revenue in FY2023, with 41% of potable water use in FY2022 sourced from high or extremely high baseline water stress areas.
4
As of September 30, 2023, 80% of office locations had achieved or were pending green building certification.
5
The landfill diversion rate was nearly 50% in FY2023.
6
The company invested in carbon offsets equivalent to 66,300 metric tons of CO2 equivalent in FY2023, covering approximately 10.44% of FY2024 emissions, including Gold Standard, American Carbon Registry, and Verra credits.
7
In FY2024, 47% of suppliers responding to the CDP Supply Chain program had validated near-term SBTi targets.
8
Visa reported zero environmental compliance violations.
9
The company's TCFD disclosures are partially aligned, as identified climate risks did not cross the materiality threshold for inclusion in the Enterprise Risk Management process.
10
Climate scenario analysis has been conducted, quantifying potential revenue impacts from climate change, and is considered in strategic decisions.
11
As a payments technology company, Visa has no assets at risk from climate transition.
12
Biodiversity is not an immediate strategic priority, with no board-level oversight or assessment of value chain impacts.
13
Respect for Cultures & Communities
0
No cultural appropriation incidents were reported.
1
Free, Prior, and Informed Consent (FPIC) processes are not applicable to the company's operations as a payments technology company.
2
Safe & Smart Tech
40
Visa invested $12 billion in cutting-edge technology to combat fraud over the past five years.
1
Based on its fiscal year 2024 net revenue of $35.926 billion,
2
this averages to an annual cybersecurity investment of approximately 6.68% of revenue.
3
Zero Waste & Sustainable Products
0
Visa achieved a landfill waste diversion rate of nearly 50% in fiscal year 2023.
1
The company has implemented multiple waste reduction initiatives, including avoiding over four million pages through its Global Print project in FY23, partnering for e-waste buy-back programs for employee equipment, and launching reuse marketplaces in the D.C. area, Bay Area, and Atlanta.
2
Visa actively integrates circular economy principles by partnering with organizations like the Ellen MacArthur Foundation for a Recommerce Behavioral Insight Lab
3
and with TOMRA and Shift4 for reusable takeaway packaging systems.
4
Visa also educates customers on product lifecycle management through its digital Recommerce platform, which promotes activities such as resale, repair, rental, refill, return, and redistribution.
5
Furthermore, Visa, in partnership with CPI Card Group, introduced the Earthwise™ High Content Card, made with up to 98% upcycled plastic.
6