Warranty Solutions®, a Wells Fargo Business, Donates a Million Trees
Donation to Arbor Day Foundation® is the equivalent of removing 530,000 tons of carbon monoxide from the atmosphere
LAKEWOOD, Colo., March 10, 2015 /3BL Media/ – As a part of an ongoing commitment to sustainability, Warranty Solutions®, a Wells Fargo & Company (NYSE: WFC) business, has donated one million trees through the Arbor Day Foundation® since the launch of its EcoMind® option in 2009.
A malfunctioning or poorly maintained vehicle can release as much as 10 times the emissions of a well-maintained one. To help address this carbon challenge, Warranty Solutions launched EcoMind in 2009 as an extended vehicle service product option designed to help consumers protect both their vehicles and the environment.
With each EcoMind option purchased from a participating dealer, Warranty Solutions makes a donation to the Arbor Day Foundation to purchase 25 trees. According to calculations using data from the U.S. Forest Department, donating one million trees is the environmental equivalent of removing 530,000 tons of carbon dioxide from the atmosphere.
“EcoMind supports our customers’ desire to be environmentally friendly,” said Adam Pope, president of Warranty Solutions. ‘It also supports Wells Fargo’s overall environmental commitment and we look forward to protecting our customers’ vehicles and helping our nation’s forests thrive, one tree at a time.”
With each EcoMind option purchased, Warranty Solutions provides mechanical breakdown coverage for parts that help vehicles run more efficiently, burn fuel more cleanly and reduce overall emission output.
The EcoMind option costs $75, is available to consumers through participating auto dealers across the country and covers the following emissions-related components: vapor emissions canisters, distributor caps, catalytic converters, mufflers, exhaust pipes, PCV valves, smog pumps, spark plug wires, ignition coil boots and connectors.
Through the EcoMind option program, trees have been planted in the following communities:
- Little River State Forest, Ala.
- Modoc National Forest and Plumas National Forest, Calif.
- Pike National Forest, Colo.
- Cary State Forest, Fla.
- Idaho Panhandle National Forest, Idaho
- Michigan State Forests and Pere Marquette State Forest, Mich.
- Manchester State Forest, S.C.
- CTR TX (Bastrop State Park), Texas
- Washington DNR NW Region, Wash.
- Bayfield County Forest, Wis.
To see how the program works, this Wells Fargo Stories video features commentary from a consumer, an auto dealer, an agent and the Arbor Day Foundation about EcoMind and the impact it has on the environment.
“Through our long-standing partnership with Warranty Solutions, we have been able to support cleaner air and water, habitat for wildlife and beauty for everyone to enjoy for years to come,” said Dan Lambe, president of the Arbor Day Foundation. “By supporting tree planting efforts, Warranty Solutions is demonstrating their commitment to helping the environment for this and future generations.”
About the Arbor Day Foundation
The Arbor Day Foundation is a nonprofit conservation organization of nearly one million members with a mission to inspire people to plant, nurture and celebrate trees.
About Warranty Solutions
Warranty Solutions, a Wells Fargo business, has been providing quality Vehicle Service Contracts and auto-related finance and insurance products to automobile dealerships nationwide. The Warranty Solutions group of businesses includes Vehicle Service Contracts that are administered by Warranty Solutions Management Corporation in all states except Florida, Arizona, Alaska and Wisconsin. In Florida, Arizona, Alaska and Wisconsin, Vehicle Service Contracts are administered by Warranty Solutions Administrative Services, Inc. (FL License #60079). In Florida, Vehicle Service Contracts are also issued by Heritage Mechanical Breakdown Corporation (FL License #60072). All Vehicle Service Contracts offered are insured by Heritage Indemnity Company (CA Certificate of Authority #08549/2008), which is licensed in all states and is rated A (Excellent) by A.M. Best Company. Vehicle Service Contracts are not available in all states.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.7 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,700 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.