Wells Fargo Rail Corporation Sustainability Profile
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.
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.
Industry Benchmark
Wells Fargo Rail Corporation's score of 31 is higher than 62% 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 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.
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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 | - | - |
How Carbon Intensive is Wells Fargo Rail Corporation's Industry?
How Carbon Intensive is Wells Fargo Rail Corporation's Location?
Wells Fargo Rail Corporation's Scope 3 Categories Breakdown
Wells Fargo Rail Corporation'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.
Top Scope 3 Categories
Wells Fargo Rail Corporation'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 Rail Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
