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.
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.
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.
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.
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.
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 | - | - |
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.
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.