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.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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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