RVBA-WELLSPrivate

Wells Fargo

US
no trajectory chart yet — needs at least one percent-reduction target with matching scope data

Headline intensities

·Values in USD ($)
Peer cohort: · lower is better
Revenue intensity
Carbon / $m revenue
tCO2e / $m revenue

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

Operational intensity
Carbon / $m OpEx
tCO2e / $m OpEx

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

Economic intensity
Carbon / $m EVIC
tCO2e / $m EVIC

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

Asset intensity
Carbon / $m PP&E + leased
tCO2e / $m PP&E

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Climate action evidence

15 records · 2 sources
Carbon credits retired
161,716 tCO2e
15 retirements · FY2007–2023 · third-party verified
By credit quality
  • Nature-based removals145,715 tCO2e(90%)
  • Avoidance / reductions16,001 tCO2e(10%)
Retirement records(top 8 by volume of 15)
  • 2020 TIST Program in Kenya, VCS 009 · verra30,000 tCO2esource ↗
  • 2021 TIST Program in Kenya, VCS 006 · verra25,000 tCO2esource ↗
  • 2021 TIST Program in India, VCS-001 · verra20,000 tCO2esource ↗
  • 2019 Rimba Raya Biodiversity Reserve Project · verra16,000 tCO2esource ↗
  • 2020 TIST Program in Kenya, VCS 009 · verra15,000 tCO2esource ↗
  • 2021 TIST Program in Kenya, VCS 006 · verra12,000 tCO2esource ↗
  • 2023 Scott River Wildcat IFM Project · acr10,000 tCO2e
  • 2021 TIST Program in India, VCS-001 · verra10,000 tCO2esource ↗
+ 7 more retirements not shown
Renewable electricity
No third-party REC retirements on file and no self-reported renewable share disclosed.
Sources
  • · CarbonPlan OffsetsDB
  • · berkeley_voluntary_registry
Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

Targets

Long-term

1 target
ScopeBaseTargetReductionAlignmentProgressStatus
Scope 1 + 220192030−70%In corporate strategyinsufficient data
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Latest reporting year

all years + ratios →

2025

reporting year
Financials
Revenue
OpEx
FTE
Market cap (FY-end)
Climate
Scope 1
Scope 2 (market)
Scope 2 (location)
Scope 3 total