Wells Fargo & Co
Wells Fargo & Co's Energy Data Preview
In 2023, Wells Fargo & Co disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Wells Fargo & Co also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Wells Fargo & Co also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Wells Fargo & Co also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Wells Fargo & Co's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Renewable Energy Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Non-renewable Energy Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Electricity Consumed | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
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aVerified Sources Behind Wells Fargo & Co’s Energy Management Data
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Insights into Wells Fargo & Co's Energy Renewability
In 2023, Wells Fargo & Co consumed a total of 6.62 million Gigajoules of energy across its operations. Of this total, 82.12% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 17.88% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a
Wells Fargo & Co's Energy Renewability Rate
How much of Wells Fargo & Co's energy consumed is renewable?
In 2023, Wells Fargo & Co consumed a total of 6.62 million Gigajoules of energy, of which 82.12% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a
This high level of renewable energy use suggests that Wells Fargo & Co has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.
Are Wells Fargo & Co's energy practices becoming more sustainable?
Since 2019, Wells Fargo & Co's total energy consumption decreased by 17.86%, including a further 5.16% drop in 2023, highlighting a continued decline in energy use. a
Over the same period, the share of renewable energy in Wells Fargo & Co's consumption decreased by 0.76%, showing a recent negative trend in clean energy adoption. Over the same period, the share of renewable energy in Wells Fargo & Co's mix has remained relatively stable, indicating no significant changes in sourcing practices. a
Wells Fargo & Co's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Wells Fargo & Co's Energy Consumption & Production Mix
In 2023, Wells Fargo & Co disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Wells Fargo & Co's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a
Wells Fargo & Co's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Wells Fargo & Co's energy consumption?
In 2023, Wells Fargo & Co's total energy consumption was primarily sourced from a
- Solar Energy and Electricity (Unspecified Source) (82.12%)
- Natural Gas (16.15%)
- Fuel Oil, Propane and Transport Fuel (1.25%)
How diverse is Wells Fargo & Co’s energy consumption mix?
In 2023, Wells Fargo & Co consumed energy from 5 different sources or generation technologies, indicating a highly concentrated energy mix, with Solar Energy and Electricity (Unspecified Source) alone accounting for 82.12% of total consumption. a