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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Content from this campaign

Philanthropy & Cause Initiatives

Supporting Small Businesses During the Holidays
Small businesses are the backbone of the U.S. economy, and many have experienced significant challenges from the COVID-19 pandemic this year. Some have had to close their doors temporarily or permanently, and those who remain open are grappling with complying with new and evolving health and safety regulations, finding alternate ways to meet their customers’ needs, and retaining their employees.

Social Impact & Volunteering

'Many hearts. One community.'
The perseverance of communities continues to be a shining light during these trying times, and Wells Fargo is celebrating the optimism and determination of our community anchors. From local food banks stepping up to meet the steep increase of people seeking assistance, to small businesses adapting to rapidly changing environments, to military service members and front-line workers committed to keeping our communities safe, Wells Fargo salutes those working together to support each other year-round, and especially during the holidays.

Philanthropy & Cause Initiatives

Native CDFI Awards Recognize Two CDFIs for Vision, Ingenuity in Responding to COVID-19-related Economic Crisis in Indian Country
Last night, the Native CDFI Awards honored two Native community development financial institutions (CDFIs) for their unique approaches to helping Native-owned small businesses survive the COVID-19 pandemic.

Philanthropy & Cause Initiatives

Oweesta Receives $5 Million Grant From Wells Fargo to Launch the Native American COVID-19 Disaster Recovery Fund
Oweesta Corporation (Oweesta) announced a $5 million grant from the Wells Open Business Fund, which will enable the Native Community Development Financial Institution (CDFI) intermediary to launch the Native American COVID-19 Disaster Recovery Fund.

Philanthropy & Cause Initiatives

Wells Fargo Gives $1 Million in Scholarships to Bridge Financial Gaps Faced by Students Amidst COVID-19
Students dedicated to making a positive difference in the world offer the greatest hope for the future, but for many their plans are threatened due to the unexpected financial gap posed by COVID-19 – sometimes prohibiting them from continuing and completing college.

Sustainable Development Goals

Clear Access Banking: Peace of Mind, No Checkbook
Wells Fargo has introduced a new low-cost and checkless bank account with no overdraft fees to make it easier for customers to manage their money, make payments, and save. Clear Access Banking helps customers avoid spending more than what they have in their accounts, which makes it ideal for people who are either newer to banking, like teens, or need help managing their account balances, said Urmila Raghavan, leader of Consumer Deposit Product and Portfolio Management for Wells Fargo.

Philanthropy & Cause Initiatives

'Las personas a las que prestamos servicios son, en efecto, financieramente invisibles'
Nací en México y llegué a EE. UU. de niño. Estábamos indocumentados y solo podíamos hacer trabajos ocasionales en el mercado de pulgas local para poder llegar a fin de mes. Durante muchos años, vivimos en las sombras de la sociedad, con miedo de ser capturados, detenidos y deportados.

Diversity & Inclusion

'The People We Serve Are in Effect Financially Invisible'
"In the current COVID-19 reality, our work takes on a new urgency. Soon after the stay-at-home orders were given in March, we heard from clients anxious about losing income, not knowing how they were going to pay rent, buy food, and keep up with their monthly bills."

Philanthropy & Cause Initiatives

SAGE and LifeCents Partner on Financial Wellness Program for LGBT Elders
SAGE, the world’s largest and oldest organization dedicated to improving the lives of LGBT elders, partnered with LifeCents to develop and launch SAGECents, a unique version of the app built specifically for LGBT elders. This program was created to ensure LGBT elders have access to resources that will support their financial literacy and stability. The digital wellness platform, created with support from the Wells Fargo Foundation, will help SAGE constituents navigate the unprecedented economic environment resulting from the COVID-19 pandemic.

Social Impact & Volunteering

'A Labor of Love' to Feed Our Communities
When thousands of Wells Fargo employees began working remotely in March due to the COVID-19 pandemic, the cafeterias at some of the company’s offices stopped serving as many people.

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