Visa Inc.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device, for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.

Alfred Kelly

Executive Chairman, Visa Inc.

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ESG Reporting & Transparency
Promote transparency of Visa’s approach to and progress toward material ESG issues.
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We believe it is vital to state clearly to the world the set of our beliefs about Inclusive Capitalism. As such, we start with our Statement of Guiding Principles for Inclusive Capitalism. Knowing that words alone are not enough, each of us is making a series of commitments about how we will operate our institutions so that they help achieve Inclusive Capitalism. These commitments are forward-looking statements based on current goals, expectations and assumptions, which are not guarantees of future performance. For more information, please refer to our Terms of Use

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Summary

To promote employee inclusion and diversity, Visa has set a goal to increase the number of under-represented Visa colleagues at the vice president level and above in the U.S. by 50% in 3 years and in the general U.S. workforce by 50% in 5 years.

Activities & Initiatives

Promote employee diversity and inclusion within the enterprise through global diversity and inclusion strategies.

Measures & Targets

Progress toward goals to:

  • Increase number of under-represented Visa colleagues at the vice president level and above in the U.S. by 50% in 3 years
  • Increase number of under-represented Visa colleagues in the general U.S. workforce by 50% in 5 years

SDG Focus Area(s):

Summary

Visa will digitally enable 50 million small and micro businesses (SMBs) worldwide by the end of 2023 through a range of locally designed programs and solutions to enable SMBs to drive efficiency and sales.

Activities & Initiatives

Support economic empowerment, opportunity and inclusive prosperity of small and micro businesses worldwide through a range of locally designed programs and solutions to enable SMBs to drive efficiency and sales through acceptance of digital payments, building online businesses, SMB education and incentivizing neighborhood support.

Measures & Targets

Digitally enable 50 million small and micro businesses by the end of 2023.

SDG Focus Area(s):

Summary

Visa is committed to advancing the financial inclusion of unbanked and underserved through expanded access to digital payments by innovating new ways to pay and be paid and growing the number of payment credentials and acceptance locations.

Activities & Initiatives

Support inclusive prosperity through greater access to the formal financial system for unbanked and underserved households and communities.

Measures & Targets

Growth in the number of payment credentials and acceptance locations worldwide.

SDG Focus Area(s):

Summary

Visa is committed to the reduction of our greenhouse gas emissions and supports climate change mitigation by maintaining our use of 100% renewable electricity on an ongoing basis.

Activities & Initiatives

Reduce greenhouse gas emissions and support climate change mitigation.

Measures & Targets

Continued achievement of 100% renewable electricity usage globally as defined by RE100 standards

SDG Focus Area(s):

Summary

Visa is committed to engaging our employees in empowering people and communities in need, with a goal of having 70% of our global workforce participating in volunteering, giving and other social impact initiatives annually.

Activities & Initiatives

Engage our employees in empowering people and communities in need.

Measures & Targets

At least 70% of our global workforce participating in volunteering, giving and other social impact initiatives annually.

SDG Focus Area(s):

Summary

Visa promotes inclusive and sustainable capitalism over the long-term through biennial ESG materiality assessments and at least annual review with the Board of Directors of material ESG issues.

Activities & Initiatives

Support strong oversight of material ESG issues and long-term strategy by the Board of Directors.

Measures & Targets

  • Annual review of material ESG issues with the Board of Directors
  • Biennial ESG materiality assessment

SDG Focus Area(s):

Summary

Visa will promote employee inclusion and diversity in our talent pipeline by implementing our Visa Black Scholars & Jobs Program to provide $10 million in scholarships and guarantee full-time jobs at Visa to those who fulfill requirements.

Activities & Initiatives

Promote employee inclusion and diversity in our talent pipeline through our signature Visa Black Scholars & Jobs Program that creates a $10 million fund for scholarship assistance for college-bound Black and African American students and guarantees a full-time job upon graduation for all recipients who have met their commitments.

Measures & Targets

Successful implementation of the Visa Black Scholars & Jobs Program.

SDG Focus Area(s):

Summary

Visa is committed globally to gender and racial equality in the Visa workforce by maintaining equal pay for equal work.

Activities & Initiatives

Promote gender and racial equality in pay for equal work, meaning that men and women earn the same pay for the same work globally, and the same is true for racial and ethnic minorities and their white peers in the U.S.

Measures & Targets

Maintain equal pay for equal work for men and women globally and for racial/ethnic groups in the U.S., in part through continued analysis and reporting on our workforce demographics and equal pay.

SDG Focus Area(s):

Summary

Visa supports economic opportunity by enhancing career opportunities for 14,500 individuals, both within and outside Visa’s workforce, over a five-year period.

Activities & Initiatives

Promote economic opportunity through implementation of apprenticeships and work-based learning programs, continuing education, on-the-job training and reskilling.

Measures & Targets

Enhance career opportunities for 14,500 individuals over a five-year period, both within and outside of Visa’s workforce.

SDG Focus Area(s):

Summary

Visa is committed to respecting the human rights of others through continued implementation of our Human Rights Program in line with the UN Guiding Principles for Business and Human Rights and informed by a triennial human rights impact assessment.

Activities & Initiatives

Respect the human rights of others by addressing salient human rights risks from our business.

Measures & Targets

  • Continue Visa Human Rights Program and address potential issues as an employer, purchaser, e-payments enabler and sponsor.
  • Conduct triennial human rights impact assessment.

SDG Focus Area(s):

Summary

Visa supports climate change action by using our products, network, data, and other assets to inspire and enable our clients, partners and consumers to reduce their greenhouse gas emissions footprint as part of the transition to a low-carbon economy.

Activities & Initiatives

Promote climate action by inspiring and enabling our stakeholders to reduce their greenhouse gas emissions footprint.

Measures & Targets

Continued implementation of initiatives to support the low-carbon economy transition, including in areas such as consumer footprint, sustainable travel, transit and urban mobility and other areas using our products, network, data and other assets.

SDG Focus Area(s):

Summary

Visa supports a culture of ethics and compliance by requiring employees to annually complete training on our global policies, programs and initiatives built on the foundation of the Visa Code of Conduct.

Activities & Initiatives

Promote ethical behavior in all that we do through Visa’s comprehensive global ethics and compliance program.

Measures & Targets

Visa requires employee completion of annual ethics and compliance training, including topics such as Anti-Bribery; Anti-Money Laundering; Antitrust and Competition Law; Data Privacy; Key Controls; Political Participation, Lobbying and Contributions; Prevention of Insider Trading; Records Management; Workplace Harassment and Discrimination.

SDG Focus Area(s):

Summary

Visa commits to the transparency of our material ESG commitments and progress by publishing annual ESG reporting in line with GRI, SASB and other relevant ESG standards and frameworks.

Activities & Initiatives

Promote transparency of Visa’s approach to and progress toward material ESG issues.

Measures & Targets

Publication of annual ESG report in line with leading international standards and frameworks.

SDG Focus Area(s):

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Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.