Wells Fargo's Culture of Caring for Communities
At Wells Fargo, corporate social responsibility and caring for our communities is part of our culture -- fundamental to our vision and values and the way we manage our company. We understand and embrace our responsibility to help create more resilient and sustainable communities and focus on developing deep relationships with community partners and other stakeholders to support economic growth. We are one of the top philanthropic contributors in the U.S., supporting nonprofits and community groups with over $1.1 billion in grants over the last four years (2011-2014). Since 2012, we’ve provided $17 billion in community development loans and investments to advance affordable housing, job creation, community services, and economic development in low- and moderate-income areas. We believe our success as a company results from the care and compassion of our team members who bring our culture to life each day. During 2014, our team members volunteered 1.74 million hours and set a company record by pledging $97.7 million to nonprofits and schools.
Wells Fargo's CSR strategy is focused on three social, economic, and environmental priorities:
- Social: Invite diverse perspective. Address the demographic imperative by expanding our efforts to meet the growing, varied needs of our global customer base, team members and supply chain.
- Economic: Strengthen financial knowledge and opportunities. Improve human well-being and social equity by investing in underserved and underbanked communities by exploring new ways to expand access to high-quality and responsible financial products, services, education and solutions.
- Environmental: Be environmentally proactive. Accelerate the transition to a “greener” economy and more sustainable communities by financing renewable energy, clean technology, and other environmental opportunities, while enhancing the environmental performance of our operation.
To download a full copy of Wells Fargo's 2014 Corporate Social Responsibility Interim Report, visit: http://bit.ly/WellsFargoCSR2014