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Public Profile
Financial Intermediation
US
updated 2 months ago

WFC Holdings, LLC Sustainability Profile

Company website

WFC Holdings, LLC, commonly known as Wells Fargo, is a leading financial services company headquartered in the United States. Founded in 1852, Wells Fargo has established a strong presence across major operational regions, including the West Coast, Midwest, and Southeast. The company operates within the banking and financial services industry, offering a diverse range of products and services such as personal banking, investment management, and commercial finance. Wells Fargo is recognised for its commitment to customer service and innovative financial solutions, which set it apart in a competitive market. With a rich history marked by significant milestones, the company has consistently maintained a strong market position, serving millions of customers and earning accolades for its community involvement and sustainability efforts.

DitchCarbon Score

How does WFC Holdings, LLC'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.

46

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.

32

Industry Benchmark

WFC Holdings, LLC's score of 46 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

69%

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WFC Holdings, LLC's reported carbon emissions

Inherited from Wells Fargo & Company

WFC Holdings, LLC, headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Wells Fargo & Company, which may influence its climate commitments and reporting practices. As part of its corporate family, WFC Holdings inherits climate initiatives and targets from Wells Fargo & Company. However, there are no documented reduction targets or significant climate pledges specific to WFC Holdings. The absence of specific emissions data and reduction initiatives suggests that WFC Holdings may rely on the broader commitments and performance metrics established by its parent company. Wells Fargo & Company has been involved in various climate initiatives, including participation in the Science Based Targets initiative (SBTi) and other sustainability frameworks. However, specific details regarding emissions reductions or targets cascaded to WFC Holdings are not provided. In summary, WFC Holdings, LLC currently lacks specific emissions data and reduction commitments, relying on the broader climate strategies of its parent company, Wells Fargo & Company.

Unlock detailed emissions data

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

20082009201020112018201920202021202220232024
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 WFC Holdings, LLC's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. WFC Holdings, LLC's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is WFC Holdings, LLC's Location?

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 WFC Holdings, LLC is in US, which has a low grid carbon intensity relative to other regions.

WFC Holdings, LLC's Scope 3 Categories Breakdown

WFC Holdings, LLC'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

2022
Purchased Goods and Services
64%
Capital Goods
14%
Employee Commuting
14%
Fuel and Energy Related Activities
6%
Business Travel
1%
Waste Generated in Operations
<1%

WFC Holdings, LLC'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.

WFC Holdings, LLC 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.

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

Compare WFC Holdings, LLC's Emissions with Industry Peers

Synovus

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

Signature Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

First Horizon Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Toast

US
•
Computer and related services (72)
Updated 16 days ago

Wintrust Financial

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 7 days ago

HSBC Bank plc

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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