Wells Fargo Bank N.A. Taipei Branch Sustainability Profile
Wells Fargo Bank N.A. Taipei Branch, a key subsidiary of Wells Fargo & Company, operates from its headquarters in Taiwan (TW) and serves a diverse clientele across the Asia-Pacific region. Founded in 1852, Wells Fargo has established itself as a leader in the financial services industry, offering a comprehensive range of products and services, including commercial banking, investment management, and wealth advisory. The Taipei Branch is renowned for its tailored financial solutions, catering to both corporate and individual clients. With a strong emphasis on customer service and innovative banking practices, Wells Fargo has achieved significant milestones, solidifying its market position as a trusted financial partner. The bank's commitment to excellence and its extensive global network further enhance its reputation in the competitive landscape of international banking.
DitchCarbon Score
How does Wells Fargo Bank N.A. Taipei Branch's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Wells Fargo Bank N.A. Taipei Branch's score of 43 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wells Fargo Bank N.A. Taipei Branch currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The branch is a current subsidiary of Wells Fargo & Company, and any climate commitments or emissions data would be inherited from this parent organisation. Wells Fargo & Company has established various climate initiatives, including Science Based Targets Initiative (SBTi) commitments and other sustainability efforts. However, specific reduction targets or achievements for the Taipei Branch are not detailed in the available information. As a current subsidiary, the Taipei Branch aligns with the broader climate strategies set forth by Wells Fargo & Company, which may include commitments to reduce emissions across various scopes. The lack of specific emissions data suggests that the branch is still in the process of developing its own reporting framework or may rely on aggregated data from its parent company. In summary, while Wells Fargo Bank N.A. Taipei Branch does not provide specific emissions data or reduction targets, it is part of a larger corporate family that is actively engaged in climate commitments through its parent organisation, Wells Fargo & Company.
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| 2008 | 2009 | 2010 | 2011 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 147,099,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,701,639,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 107,274,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | - | - |
How Carbon Intensive is Wells Fargo Bank N.A. Taipei Branch's Industry?
How Carbon Intensive is Wells Fargo Bank N.A. Taipei Branch's Location?
Wells Fargo Bank N.A. Taipei Branch's Scope 3 Categories Breakdown
Wells Fargo Bank N.A. Taipei Branch's Scope 3 emissions, which decreased by 4% last year and increased significantly since 2008, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 64% of Scope 3 emissions.
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Wells Fargo Bank N.A. Taipei Branch's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Wells Fargo Bank N.A. Taipei Branch has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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