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|Visa Commits to 100% Renewable Electricity by End of 2019|
Supports industry progress by joining RE100 Initiative and Business Renewables Center, signing Corporate Renewable Energy Buyers' Principles
As part of this commitment, announced in conjunction with this week’s
“We are proud to play a role in driving the adoption of renewable
To support further industry progress in the adoption of renewable
energy, Visa also is joining Rocky Mountain Institute’s Business
Renewables Center and becoming a signatory to the Renewable
Energy Buyers’ Principles, led by
“We congratulate Visa on joining RE100 with an ambitious 100 percent
renewable electricity goal, and for demonstrating leadership by working
with key stakeholders to build local renewable electricity markets,”
Visa’s roadmap to renewables
To reach 100 percent renewable electricity by the end of 2019, Visa will pursue an approach that emphasizes immediate action across its global facilities portfolio. Today, an estimated 35 percent of Visa’s global electricity consumption comes from a mix of renewable energy sources such as solar, wind and hydropower.
Working with local utilities and competitive electricity market
providers, Visa will pursue renewable electricity options available in
each market that best fit its approach to renewable electricity. Visa
will seek impactful, local renewable electricity investments in markets
where the company has major facilities, including four locations in the
U.S. and the
“Visa’s commitment to renewable electricity does not end at our front
Scaling energy efficiencies
Visa’s commitment builds on the company’s focus on implementing efficiency initiatives that reduce its use of energy at its data centers and offices. In its locations around the world, Visa continues to invest in energy efficiency measures, including LEED-based building design and operations, lighting upgrades, motion sensors and an efficient electronics policy that mandates at least 90 percent of new electronics in its largest corporate campus offices meet either ENERGY STAR or EPEAT certification standards.
Visa has achieved numerous environmental certifications of its facilities through initiatives such as the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) program. As of 2017, an estimated 67 percent of Visa’s global square footage has attained an environmental attribute certification.
About Visa Inc.