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We strive to support our business, customers, and communities' transition to a resilient, equitable, and sustainable future

At Wells Fargo, we believe we have a role to play in addressing social, economic, and environmental sustainability. We recognize that we have a responsibility to do our part to help address the many global challenges facing the communities we serve. We are committed to strengthening our business for the future.

Climate action

As part of Wells Fargo’s overall corporate sustainability strategy, we have established a framework to prioritize the impact we aim to achieve through our activities. As described in more detail in our Sustainability & Governance Report (PDF),our focused impact areas are categorized around both Climate Action and Community Impact, with a critical area of overlap. The Climate Action areas not only reflect our desire to support clients and communities in tangible ways, but they also align with the collective steps we believe are needed to build a low-carbon economy, underpinned by a focus on an equitable transition.

Our climate action impact areas are:

  • Scale clean energy. 
  • Increase sustainability where we live and work. 
  • Advance climate finance and innovation.
  • Support an equity-focused transition.

For more information, please visit Wells Fargo Institute for Sustainable Finance (ISF).


CO2eMission, our methodology for aligning financial portfolios to the 1.5 degree Celsius goal of the Paris Agreement and for setting interim, emissions-based targets to guide that alignment.

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Sustainable finance

Since announcing our goal of deploying $500 billion in sustainable finance by 2030, we have taken meaningful steps forward. 

In 2021, we launched the Wells Fargo Institute for Sustainable Finance to help increase understanding of sustainable finance and highlight initiatives that support a low-carbon economy.

During the calendar years 2021 and 2022, we've originated, committed, advised, or facilitated approximately $129 billion, funding a growing demand for products and services that are building the low-carbon economy and strengthening community resilience.

Our second Inclusive Communities and Climate Bond, a $2 billion bond, supported sustainable finance efforts for projects and programs that contribute to housing affordability, economic opportunity, renewable energy, and clean transportation. We were recognized at the 8th Climate Bonds Awards for the Largest Financial Corporate Sustainability Bond of 2022 by the Climate Bonds Initiative.

Operational efficiency

Across our footprint, we are working to minimize use of energy, water, and other resources, and reduce GHG emissions in our operations. 

Wells Fargo has set refreshed operational sustainability goals for 2030:

  • Reducing GHG emissions (Scope 1 and 2) from 2019 levels by 70%.
  • Reducing energy usage from 2019 levels by 50%.
  • Reducing total waste stream from 2019 levels by 50%.
  • Reducing water usage from 2019 levels by 45%.
  • Driving new renewable energy projects to meet 100% of annual purchased electricity needs.

Human rights

Wells Fargo is committed to respecting human rights throughout our operations, products, and services. Our efforts are guided by the Universal Declaration of Human Rights and the United Nations Guiding Principles on Business and Human Rights, which identify a responsibility for corporations to respect human rights in their operations and through their business relationships, and to provide remedies when adverse impacts to these rights occur. For more information, please see our Human Rights Statement (PDF).

Wells Fargo Institute for Sustainable Finance

Learn about sustainable finance and how we’re supporting the transition to a low-carbon economy.

Learn more