Connect with us


renewable energy

$200B investment in low-carbon future

Wells Fargo plans to invest $200 billion by 2030 in businesses and projects that are fast tracking the transition to a low-carbon economy.

The financial giant made the announcement this month, confirming more than half the money will go to pioneering clean tech and green power initiatives designed to achieve a low-carbon world.

CEO Tim Sloan said: “Wells Fargo is committed to taking a leadership role in supporting the transition to a low-carbon economy and promoting environmental sustainability through our products and services, operations and culture, and philanthropy. With this commitment, we are combining a strong financial goal with enhanced transparency and disclosure practices that we believe will lead to sector-wide progress on responsible, sustainable finance.”

Wells Fargo also said it will provide annual ‘impact reporting’ and details of contributions being made to the United Nations Sustainable Development Goals.

Newsletter Signup

Staff reporter
Written By


investment investment

Investment wake-up call

food | water

Game-changing cancer therapy


Record renewables investment in Africa

renewable energy

Europe’s wind power report card is out

renewable energy

Newsletter Signup