Wells Fargo
Sustainability Report and Carbon Intensity Rankings
Is Wells Fargo doing their part?
Their DitchCarbon score is 56
Wells Fargo has a DitchCarbon Score of 56 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing sustainability efforts.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Wells Fargo, a company in the finance sector, has a carbon intensity ranking of very low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Wells Fargo operates in the United States, a region with a low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental context supports the company’s sustainability efforts by reducing the carbon footprint associated with their energy consumption.
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Wells Fargo
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
5.17%
...this company is doing 5.17% better in emissions than the industry average.
Wells Fargo & Company, founded in 1852 and based in San Francisco, operates in the finance sector as a leading financial services institution. The company offers a broad range of services including banking, insurance, investments, mortgage, and consumer and commercial finance. With a significant presence both domestically and internationally, Wells Fargo serves a diverse clientele and is committed to supporting veterans and promoting equal opportunity employment.
emission intelligence's platform recommendations for Wells Fargo
Wells Fargo should enhance their monitoring and reporting systems to better track progress and identify additional opportunities for reducing their Scope 2 emissions, which could potentially lower their emissions by 25%.
Bad news, Wells Fargo hasn't committed to SBTi goals yet
Wells Fargo has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets aligned with the latest climate science.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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