As of 2025, Wells Fargo & Co has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Wells Fargo & Co's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -70%a, b | 2030 |
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As of 2025, Wells Fargo & Co has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.ab
As of 2025, Wells Fargo & Co has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab
Wells Fargo & Co's most ambitious operational target is to reduce these emissions by 70% by 2030, compared to a baseline of 857,929 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.ab
As of 2024, Wells Fargo & Co is lagging behind on its operational emissions reduction target, having achieved 39.59% of the planned reduction.ab