Wells Fargo Social Impact and Sustainability

Wells Fargo & Company is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance. Wells Fargo ranked No. 30 on Fortune's 2020 rankings of America's largest corporations.

 

As a company, Wells Fargo is focused on fostering an inclusive, sustainable future and strengthening the resiliency of our communities and our planet for the long term. Working hand in hand with nonprofits and other community stakeholders, we’re combining our resources and expertise to empower change in underserved communities with a focus on creating greater racial equity and curbing climate change.

Our overall approach to social impact and sustainability includes four strategic priorities:

  • opening pathways to economic advancement

  • championing safe, affordable homes

  • empowering small businesses to thrive

  • accelerating a just, low-carbon future

For additional information, including our ESG disclosures, visit: https://www.wellsfargo.com/about/corporate-responsibility/goals-and-reporting/

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Philanthropy & Cause Initiatives

A Solar Leasing Program Offers a Bright Future for Renewable Energy
Capital Good Fund’s Georgia BRIGHT program, a Wells Fargo philanthropic partner, offers solar panel and battery storage leases to help lower-income Georgia residents save on electric bills by utilizing the “direct pay” feature of the Inflation Reduction Act.

Philanthropy & Cause Initiatives

CFE Fund and the Wells Fargo Foundation Expand Bank On Fellowship to Connect Unbanked Households to Safe Banking, Build Financial Stability
CFE Fund announced today $1 million in funding from the Wells Fargo Foundation to expand the Bank On Fellowship program to a fourth cohort and work to expand banking access for unbanked residents living in Arizona, California, Ohio, Kentucky, Louisiana, and New Mexico.

Philanthropy & Cause Initiatives

Wells Fargo Foundation Commits $3.45 Million to Compass Working Capital To Expand Access to Family Self-Sufficiency Program
Wells Fargo Foundation has committed $3.45 million over the next three years to Compass to help expand access to the Family Self-Sufficiency (FSS) program, a savings incentive program that helps families increase their earnings and build financial capability and assets.

Philanthropy & Cause Initiatives

Wells Fargo Donates $500,000 to Florida Disaster Fund for Hurricane Relief
Wells Fargo is donating $500,000 to the Florida Disaster Fund, led by Volunteer Florida, to aid in the aftermath of Hurricane Idalia and the emergency response, including shelter, supplies, and services for those displaced.

Sustainable Finance & Socially Responsible Investment

Exposing the Financial Impacts of Climate Change on Households With Low Income
With support from the Wells Fargo Foundation, Saverlife will publish a series of reports that identify how individuals with low-to-moderate income are currently navigating climate-related events.

Innovation & Technology

Wells Fargo Innovation Incubator Announces 2023 Channel Partner Strategic Awards to Catalyze Innovation and Inclusion
N² distributed $970,000 among seven winners to fund innovative and impactful projects that are intended to strengthen and diversify the cleantech and agtech ecosystems.

Innovation & Technology

2022: The Year of Demonstrating Solutions
As its portfolio companies continue to demonstrate solutions for potential customers and investors—IN2 demonstrated itself, yet again, as a solution for accelerating the transition to a low-carbon economy.

Sustainable Finance & Socially Responsible Investment

The Institute for Sustainable Communities and Tides Foundation Establish Climate Justice Fund
The Institute for Sustainable Communities (ISC), the Tides Foundation and Wells Fargo are coming together to launch a climate justice fund to create more equitable access to clean and affordable energy and improve climate resiliency in 10 U.S. cities.

Philanthropy & Cause Initiatives

Wells Fargo, Habitat Team Up To Help a Mom Build Her Home
The day the side of her house was being raised, homeowner-to-be Shaquawanda was excited and a little anxious. “It’s been a long time coming,” she said. “I’m ready.”

Philanthropy & Cause Initiatives

Wells Fargo Names Otis Rolley as Head of Social Impact
Wells Fargo & Company (NYSE: WFC) announced today that Otis Rolley is joining the company as head of Social Impact, leading community engagement and enterprise philanthropy, including the Wells Fargo Foundation.

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