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Financial Intermediation
US
updated 6 months ago

Wells Fargo Bank, National Association

Company website

Wells Fargo Bank, National Association, commonly known as Wells Fargo, is a leading financial institution headquartered in the United States. Established in 1852, the bank has a rich history marked by significant milestones, including its expansion into various financial services. With a strong presence across major operational regions, Wells Fargo serves millions of customers nationwide. Operating within the banking and financial services industry, Wells Fargo offers a diverse range of core products, including personal banking, investment services, and commercial lending. What sets Wells Fargo apart is its commitment to customer service and innovative financial solutions tailored to meet individual and business needs. As one of the largest banks in the US, Wells Fargo has achieved notable recognition for its extensive network and robust market position, making it a trusted choice for consumers and businesses alike.

DitchCarbon Score

How does Wells Fargo Bank, National Association'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.

44

Industry Average

Mean score of companies in the 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.

28

Industry Benchmark

Wells Fargo Bank, National Association's score of 44 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Wells Fargo Bank, National Association's reported carbon emissions

Inherited from Wells Fargo & Company

Wells Fargo Bank, National Association, currently does not have specific carbon emissions data available for the most recent year. However, it is important to note that the bank is a current subsidiary of Wells Fargo & Company, which may influence its climate commitments and emissions data. As part of its climate initiatives, Wells Fargo & Company has set various reduction targets, although specific details regarding these targets for Wells Fargo Bank, National Association are not disclosed. The bank's climate commitments are likely aligned with those of its parent company, which has made pledges to address climate change and reduce its carbon footprint. Wells Fargo & Company has engaged in initiatives such as the Science Based Targets initiative (SBTi) and the RE100 commitment, which aim to promote sustainable practices and reduce greenhouse gas emissions across its operations. However, specific reduction targets or achievements for Wells Fargo Bank, National Association have not been provided. In summary, while Wells Fargo Bank, National Association does not currently report specific emissions data or reduction targets, it is part of a larger corporate family that is actively engaged in climate commitments and sustainability initiatives.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

200820092010201120182019202020212022
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
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
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
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Wells Fargo Bank, National Association's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Wells Fargo Bank, National Association is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Wells Fargo Bank, National Association is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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