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Rail Transport
US
updated 7 months ago

Wells Fargo Rail Corporation

Company website

Wells Fargo Rail Corporation, a subsidiary of Wells Fargo & Company, is a prominent player in the rail industry, headquartered in the United States. Established in 2001, the company has rapidly evolved to become a leading provider of railcar leasing and management services, primarily serving North America. With a diverse fleet that includes tank cars, flat cars, and covered hoppers, Wells Fargo Rail distinguishes itself through its commitment to customer service and innovative solutions tailored to meet the unique needs of its clients. The company has achieved significant milestones, including expanding its operational footprint across key regions in the U.S. and maintaining a strong market position within the rail leasing sector. Recognised for its reliability and extensive industry expertise, Wells Fargo Rail Corporation continues to play a vital role in supporting the transportation needs of various industries, contributing to the efficiency of the North American supply chain.

DitchCarbon Score

How does Wells Fargo Rail 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.

34

Industry Average

Mean score of companies in the Rail Transport 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.

17

Industry Benchmark

Wells Fargo Rail Corporation's score of 34 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

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Wells Fargo Rail Corporation's reported carbon emissions

Inherited from Wells Fargo & Company

Wells Fargo Rail Corporation, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Wells Fargo & Company, and any emissions data or climate commitments would be inherited from this parent organisation. Wells Fargo & Company has set various climate commitments, including science-based targets (SBTi) and initiatives aimed at reducing carbon emissions. However, specific reduction targets or achievements for Wells Fargo Rail Corporation are not detailed in the available information. The climate initiatives and performance metrics are cascaded from Wells Fargo & Company, indicating a corporate family relationship that influences their sustainability strategies. As of now, Wells Fargo Rail Corporation has not publicly disclosed any specific emissions figures, reduction targets, or climate pledges. The absence of this data highlights the need for further transparency in their environmental impact and commitments.

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 Rail Corporation's primary industry is Railway transportation services, which is high 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 Rail Corporation 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 Rail 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.

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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