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Financial Intermediation
US
updated 6 months ago

Wells Fargo Limited

Company website

Wells Fargo Limited, a prominent player in the financial services industry, is headquartered in the United States and operates extensively across North America. Founded in 1852, the company has a rich history marked by significant milestones, including its evolution into a diversified financial institution. Wells Fargo offers a wide range of core products and services, including banking, investment, mortgage, and insurance solutions, distinguished by their commitment to customer service and innovation. The company holds a strong market position, recognised for its extensive branch network and robust digital banking capabilities. With a focus on community engagement and sustainable practices, Wells Fargo Limited continues to adapt to the changing financial landscape, making it a trusted choice for individuals and businesses alike.

DitchCarbon Score

How does Wells Fargo Limited'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 Limited'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 Limited's reported carbon emissions

Inherited from Wells Fargo & Company

Wells Fargo Limited, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is part of a corporate family that includes Wells Fargo & Company, from which it inherits its climate commitments and initiatives. Wells Fargo & Company has set ambitious climate targets, which are cascaded down to Wells Fargo Limited. These include commitments to reduce emissions in line with the Science Based Targets initiative (SBTi) and other sustainability frameworks. However, specific reduction targets or achievements for Wells Fargo Limited are not detailed. The company is engaged in various climate initiatives, including participation in the RE100 and the Climate Pledge, although specific metrics or outcomes from these initiatives are not provided. As a merged entity, Wells Fargo Limited aligns its climate strategy with that of its parent company, focusing on long-term sustainability and carbon reduction efforts. In summary, while Wells Fargo Limited does not disclose specific emissions data, it is committed to climate action through inherited targets and initiatives from Wells Fargo & Company, reflecting a broader industry trend towards sustainability and accountability in carbon emissions management.

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 Limited'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 Limited 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 Limited 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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Where does DitchCarbon data come from?

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