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Wells Fargo Corporation, a leading financial services company headquartered in the United States, has established itself as a prominent player in the banking industry since its founding in 1852. With a strong presence across major operational regions, including the West Coast and Midwest, Wells Fargo offers a diverse range of services, including personal banking, investment management, and commercial finance. Renowned for its commitment to customer service, Wells Fargo provides unique products such as its innovative mobile banking solutions and comprehensive wealth management services. The company has achieved significant milestones, including being one of the largest banks in the US by assets, and has consistently ranked among the top financial institutions globally. With a focus on community engagement and sustainable practices, Wells Fargo continues to solidify its market position as a trusted financial partner.
How does Wells Fargo Corporation'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.
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.
Wells Fargo Corporation's score of 48 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Wells Fargo Corporation, headquartered in the US, currently does not provide specific carbon emissions data, as indicated by the absence of reported figures. The company is a merged entity that inherits its climate commitments and performance data from its parent organisation, Wells Fargo & Company. Despite the lack of detailed emissions data, Wells Fargo & Company has made significant climate commitments, including participation in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements have not been disclosed. Wells Fargo's climate strategy reflects a broader industry trend towards transparency and accountability in carbon emissions management, although concrete figures and targets remain unspecified at this time.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - |
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 Corporation 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.