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

Wells Fargo Donates $200,000 for New Mexico Housing, Education and Small Business Efforts
Wells Fargo & Company announces $200,000 in donations to three New Mexico nonprofits

Philanthropy & Cause Initiatives

CFE Fund and Wells Fargo Double Size of “Bank On” Fellowship to Help More Americans Reach Financial Goals
More than 65 million people are outside of the mainstream financial system in the U.S, which means they are relying on high-fee alternatives and are not able to access basic financial needs like savings accounts, credit cards, or even a credit score. The Cities for Financial Empowerment Fund (CFE Fund) announced today a $1 million grant from the Wells Fargo Foundation to double the size of its successful “Bank On” Fellowships, which funds a full-time Bank On coalition leader in a community for two years to focus solely on improving banking access for residents.

Sustainable Finance & Socially Responsible Investment

Wells Fargo Housing Foundation Announces $6 Million in Neighborhood Revitalization Grants
Wells Fargo & Company (NYSE: WFC) today announced $6 million in neighborhood revitalization grants to 50 nonprofits through the Wells Fargo Housing Foundation 2018 Priority Markets Program.

“These 50 nonprofits share our focus of strengthening communities through local neighborhood revitalization efforts in support of sustainable housing,” said Martin Sundquist, executive director of the Wells Fargo Housing Foundation. “The impact of each dollar invested through this program will be magnified by enabling nonprofits to combine funding with other community grants as the catalyst for their neighborhood revitalization work, serving as a powerful example of the positive impact that can be achieved with thoughtful public-private collaboration.”

Philanthropy & Cause Initiatives

Jimmy Carter and Wells Fargo Build ‘Hope’ for Habitat Homeowners
Hammers pounded, saws cut, cranes lifted trusses, and St. Joseph County, Indiana, residents like Anneliese Bennett literally built a new life for themselves in Mishawaka, Indiana. The future Habitat for Humanity homeowner built her house alongside a group of 1,773 Habitat for Humanity volunteers ­­— led by former President Jimmy Carter and former first lady Rosalynn Carter. Visit Wells Fargo Stories to watch the video.

Philanthropy & Cause Initiatives

Where Some Go When There Is No Place to Go
When family tragedies became too much to bear, Dennis Arnold numbed the pain with drugs. This led to addiction, and eventually, homelessness. But the Blanchet House helped him turn his life around.

Philanthropy & Cause Initiatives

Wells Fargo Donates $500,000 for Atlanta Housing, Neighborhood Revitalization Efforts
Wells Fargo announces $500,000 in donations to six local nonprofits to support affordable, safe housing and community programs for Atlanta residents

Awards, Ratings & Rankings

Wells Fargo No. 2 Corporate Cash Giver in Chronicle of Philanthropy Rankings
According to a new survey on corporate giving from the Chronicle of Philanthropy, the Wells Fargo Foundation is the No. 2 corporate cash giver in the U.S. and the top financial institution in overall giving. The rankings, based on 2017 data, reflect more than $286.5 million in cash contributions distributed by Wells Fargo to over 14,500 nonprofits.

Diversity & Inclusion

Supporting the Hispanic Community in ‘The New Mainstream Economy’
From consumers and homeowners to small businesses, Wells Fargo will support the fast-growing Hispanic community at every level as a key engine of the emerging U.S. economy, CEO Tim Sloan said Sunday, Sept. 9, at a national Hispanic leadership conference in San Diego. Speaking at the first annual L’Attitude conference, which highlights the expanding impact of Hispanics in the U.S., Sloan noted Wells Fargo’s continued focus on this growing market in recent years. The company, he said, has made a 10-year, $125 billion commitment to Hispanic homeownership financing and set aside $100 million for investment in minority- and women-owned small businesses.

Philanthropy & Cause Initiatives

Wells Fargo Mobilizes to Support Customers and Communities Impacted by Hurricane Florence
Wells Fargo (NYSE:WFC) today announced $1 million in donations to support communities impacted by Hurricane Florence and the activation of special disaster assistance for customers in North Carolina, South Carolina, Virginia and Georgia.

Diversity & Inclusion

Recognizing Unconscious Bias
‘Viewpoints’ invites guest authors from outside of Wells Fargo to share an important perspective related to their work. Today, we welcome Jennifer Brown, founder, president, and CEO of Jennifer Brown Consulting, a strategic leadership and diversity consulting firm.
Like it or not, unconscious biases in the workplace continue to influence our language and decision-making, impacting the ability of talented people in historically underrepresented or marginalized groups in the workforce to thrive. If this dynamic isn’t addressed proactively, key talent will not stay for long — impacting morale, reputation, and the bottom line.

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