REDWOOD CITY, CA – May 8, 2018 – Visa Inc.’s (NYSE: V) corporate campus in Foster City, CA has enrolled in Peninsula Clean Energy’s (PCE) ECO100 program, committing to transition to 100 percent renewable energy delivered by PCE. Peninsula Clean Energy is San Mateo County’s official electricity supplier.
Visa, the world’s leader in digital payments, is one of the largest participants in Peninsula Clean Energy’s optional ECO100 product that is available to all of PCE’s 290,000 customers in San Mateo County. Visa’s enrollment will prevent between 1,400 to 1,800 tons of greenhouse gases from entering the atmosphere compared to conventional energy sources. Visa highlighted the partnership with PCE on its blog celebrating the company’s celebration of Earth Day.
“The decision by Visa to enroll in the Peninsula Clean Energy ECO100 product helps make Visa a corporate leader in the transition to renewable energy,” said CEO Jan Pepper of Peninsula Clean Energy.
“Visa is one of our biggest customers, and its choice to go 100 percent renewable is an important indicator of its environmental commitment to our communities.”
“Visa is proud to lead in the transition to 100 percent renewable electricity in San Mateo County,” said Douglas Sabo, vice president and head of Corporate Responsibility and Philanthropy at Visa Inc. “Our enrollment in ECO100 will help us meet our goal of transitioning to 100 percent renewable electricity use across our global operations by the end of 2019 and is another example of delivering on our promise to operate responsibly, ethically and sustainably.”
About Peninsula Clean Energy
Peninsula Clean Energy (PCE) is San Mateo County’s official electricity provider. PCE (www.PeninsulaCleanEnergy.com) is a public, locally controlled community choice energy program that provides all electric customers in San Mateo County the choice of having electricity supplied from clean, renewable sources at lower rates. PCE, formed in March 2016, is a joint powers authority made up of the County of San Mateo and all 20 cities and towns in the County. PCE serves approximately 290,000 accounts.