Wells Fargo Launches Environmental Stewardship Blog

SAN FRANCISCO - April 7, 2010

Wells Fargo & Company (NYSE: WFC) said today it has launched what it believes to be the first blog among its industry peers to report on its environmental stewardship and to solicit feedback and ideas from the company’s stakeholders.

“We want to be as open and clear as possible about our environmental efforts – both our accomplishments and challenges – and share our experiences, ideas and thoughts as we work to integrate environmental responsibility into everything we do,” said Mary Wenzel, director of Environmental Affairs. “We also want to hear and learn from our customers. By working together, we can do even more to protect and preserve natural resources for future generations.”

The blog – the Wells Fargo Environmental Forum (blogs.wellsfargo.com/environment) –explores a full range of environmental subjects relevant to Wells Fargo such as banking products and services that promote energy efficiency, healthy communities, renewable energy, greener buildings, sustainable agriculture, Wells Fargo Green Team activities, and the company’s energy efficiency efforts. Wells Fargo last year set a goal to reduce its U.S.-based greenhouse gas emissions by 20 percent below 2008 levels by 2018. It also is a leading financer of renewable energy projects, Leadership in Energy and Environmental Design (LEED®) certified “green” buildings and agriculture.

The company also reports on its environmental progress through its Social Responsibility Report, wellsfargo.com, news releases and the Carbon Disclosure Project.

About Wells Fargo
Wells Fargo & Company is a diversified financial services company with $1.2 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 stores and 12,000 ATMs and the internet (wellsfargo.com) across North America and internationally. Well Fargo is ranked #1 among banks and insurance companies – and No. 13 overall – in Newsweek magazine’s inaugural “Green Rankings” of the country’s 500-largest companies.