Visa Named One of the World’s Most Ethical Companies

  Visa Named One of the World’s Most Ethical Companies

    Recognized by Ethisphere Institute for leadership in promoting ethical
                              business standards

Business Wire

FOSTER CITY, Calif. -- March 6, 2013

Visa Inc. (NYSE:V), the global payments technology company, today was
recognized for leadership in business ethics when it was placed on the 2013
list of the World’s Most Ethical Companies by Ethisphere Institute, a leading
international think tank. Visa joins a group of global brands who are
dedicated to doing business with world-class ethical practices and promoting
ethical business standards.

The Ethisphere Institute is dedicated to the creation, advancement and sharing
of best practices in business ethics, corporate social responsibility,
anti-corruption, and sustainability. This is the seventh year that the
Institute has produced its annual list, and the first time Visa has earned a
position on it since becoming a publicly-traded company in 2008.

“Visa is honored to be part of this group of companies who are committed to
operating at the highest level of ethics,” said Ellen Richey, Chief Enterprise
Risk Officer of Visa Inc. “This recognition reflects the commitment of Visa’s
employees worldwide to the highest levels of ethical business practices and
trust. Trust is critical to our business of enabling electronic commerce, and
that’s what we’ve done for more than 50 years.”

Ethisphere uses a proprietary Ethics Quotient (EQ^TM) rating system to
evaluate companies’ performance in an objective, consistent and standardized
way. The EQ framework consists of five core evaluation categories including
ethics and compliance program; reputation, leadership and innovation;
governance; corporate citizenship and responsibility; and culture of ethics.

“Visa Inc. continues to set the bar within its industry for a number of its
ethics programs,” said Alex Brigham, executive director of the Ethisphere
Institute. “As more companies each year strive for recognition, Visa Inc. was
added to World’s Most Ethical 2013 by demonstrating its strong commitment to
ethical practices.”

Visa takes a comprehensive approach to ethical business practice, including
industry-leading policies, trainings and programs. For example, Visa’s Code of
Business Conduct and Ethics, which applies to all employees and directors,
emphasizes that honesty and integrity are of paramount importance in every
activity. In addition, Visa’s Corporate Responsibility program is focused on
areas where its business expertise and philanthropic contributions can
contribute to financial inclusion, humanitarian support, community
involvement, and responsible business practices.

View the complete World’s Most Ethical Companies 2013 list here.

About Visa Inc.

Visa is a global payments technology company that connects consumers,
businesses, financial institutions, and governments in more than 200 countries
and territories to fast, secure and reliable electronic payments. We operate
one of the world’s most advanced processing networks—VisaNet—that is capable
of handling more than 24,000 transaction messages a second, with fraud
protection for consumers and assured payment for merchants. Visa is not a bank
and does not issue cards, extend credit or set rates and fees for consumers.
Visa’s innovations, however, enable its financial institution customers to
offer consumers more choices: pay now with debit, ahead of time with prepaid
or later with credit products. For more information, visit
http://www.corporate.visa.com/.

About the Ethisphere Institute

The research-based Ethisphere® Institute is a leading international think-tank
dedicated to the creation, advancement and sharing of best practices in
business ethics, corporate social responsibility, anti-corruption and
sustainability. Ethisphere Magazine, which publishes the globally recognized
World’s Most Ethical Companies Ranking™, is the quarterly publication of the
Institute. Ethisphere provides the only third-party verifications of
compliance programs and ethical cultures that include: Ethics Inside®
Certification, Compliance Leader Verification™ and Anti-Corruption Program
Verification™. The Institute’s premier membership group, the Business Ethics
Leadership Alliance™, is a business ethics forum that includes more than 100
leading corporations, universities and institutions that collectively leverage
their experience, expertise and innovative ways to address emerging compliance
challenges. More information on the Ethisphere Institute, including ranking
projects and membership, can be found at http://www.ethisphere.com.

Contact:

Visa Inc.
Will Valentine, 650-432-2990
globalmedia@visa.com
 
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