Visa's Climate Change Impact: D
Becoming carbon-free is one of many ways to become an eco company.
If Visa was to become a carbon-negative company will not only cover its outgoing carbon dioxide production, but remove more than its total output.
It is estimated that globally we are required to invest around USD 60 trillion to decarbonise. If every company, including Visa was able to fund (in part) something towards climate change as we must reduce greenhouse gas (GHG) emissions worldwide.
Visa has pledged to use 100% green renewable energy since 2020. In line with the Paris Agreement, globally we need to cut the total amount of greenhouse gas emissions.
Visa has pledged to be a carbon neutral company by 2040. Publically stating you are a carbon neutral company, which is a great step towards a positive climate action approach, is what every company should strive for way beyond the Paris Agreement's 2050 deadline.
We know Visa are climate positive and have set out goals in line with their business operations to try and lower their carbon footprint, key to net zero by 2050.
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