Wells Fargo Recognized for Transparency on Climate Change by CDP

Wells Fargo Recognized for Transparency on Climate Change by CDP

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.@WellsFargo recognized for #CSR transparency on @CDP S&P 500 #Climate Disclosure Leadership Index 2015. http://3bl.me/ezyazm
Wednesday, November 18, 2015 - 3:00pm

Wells Fargo has been selected for the CDP S&P 500 Climate Disclosure Leadership Index 2015 with a perfect score of 100.

Wells Fargo earned its position on the index by disclosing high quality carbon emissions and energy data via CDP's climate change program. The Climate Disclosure Leadership Index lists the top 10 percent of companies within the S&P 500 Index for the depth and quality of climate change data disclosed to investors and the global marketplace. Produced by CDP, an international not-for-profit environmental organization that gathers information for investors, the index is compiled annually for 822 investors who represent more than $95 trillion in assets. Top scores indicate a high level of transparency in the disclosure of climate change-related information, providing investors with a level of comfort to assess corporate accountability and preparedness for changing market demands and emissions regulation.

Wells Fargo first appeared on the CDP Disclosure Leadership Index in 2008 and continues to develop aggressive goals toward investing in environmental solutions. Wells Fargo has reduced its carbon emissions by 29% since 2008 and is on track to meet achieve a 35 percent reduction by 2020, a goal aimed at contributing toward efforts to keep global warming below 2° Celsius.

For more information, visit the S&P edition of CDP's annual global climate change report.

CATEGORY: Environment