Release of 2013 report highlights three CSR goals met, 11 ahead of
providing $7.7 billion in principal forgiveness since 2009, helping
financially challenged homeowners and exceeding our goal early.
financing $1.2 billion in “green” affordable housing and commercial
proprieties in low-to moderate-income communities since 2012,
exceeding our goal early.
meeting our goal to launch a Human
Rights Statement and Supplier
Code of Conduct.
SAN FRANCISCO--(BUSINESS WIRE)--
Fargo & Company (NYSE: WFC) announced the release of its 2013
Corporate Social Responsibility (CSR) report today, revealing the
company has completed or is ahead of schedule on many of its 2020 CSR
“We understand and embrace the important role we play in people’s lives,
the environment and the economic health of our communities,” said Jon
Campbell, executive vice president and head of Government and Community
Relations. “We’re committed to meeting our 2020 CSR goals, and will
continually find ways to integrate sustainability practices into all of
our business strategies, products, operations and culture to benefit our
customers and the communities we serve.”
Among the highlights, Wells Fargo has achieved three of its 2020 goals
and 11 goals are ahead of schedule. The three goals achieved include:
Additional highlights of the company’s eighth CSR reportinclude:
investing $12 billion in environmentally sustainable businesses since
2012, including “greener” buildings and renewable energy projects;
ahead of schedule for meeting our goal of investing $30 billion by
contributing more than $800 million to thousands of local nonprofits
since 2011, putting us significantly ahead of our goal to give $1
billion by 2017.
providing $14.2 billion in loans and investments to community
development projects since 2011; ahead of schedule for meeting our
goal of investing $15 billion by 2016.
volunteering more than 4.7 million hours of community service since
2011; expect to exceed our goal of 6 million hours this year.
supporting military service members and veterans with $15.5 million in
REO property and nonprofit donations, hiring and mentoring
initiatives, and financial education; on track to meet our goal of
providing $35 million by 2015.
delivering financial education to nearly 375,000 people since 2011.
achieving a 23 percent reduction in our greenhouse gas emissions since
Wells Fargo has been recognized for its achievements in CSR, including –
World’s 35th Most Admired Company by Fortune (2014);
#17 Best Company for Diversity by DiversityInc (2014); America’s
No. 1 Most Generous Cash Donor by Chronicle of Philanthropy(2013);
and one of the Top 100 Best Corporate Citizens by CR magazine
(2014). For more information, visit Wells
Fargo's Corporate Social Responsibility, @WellsFargo
on Twitter or Wells
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified,
community-based financial services company with $1.5 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 9,000 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 more than 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 and stories are also available at
blogs.wellsfargo.com and at wellsfargo.com/stories.
Wells Fargo & Company
Dasha Ross, 202-303-2967
Source: Wells Fargo & Company