Wells Fargo

San Francisco-based international banking and financial services company Wells Fargo joined RE100 in September 2016 with a public commitment to source 100% renewable electricity across its operations.

In 2015, the company installed its largest solar panel system to date – 350 kilowatt or around 520,000 kilowatt-hour annually – on its operation center in San Leandro, California, reducing the building’s annual consumption of energy from the grid by about 25% along with related greenhouse gas emissions. Wells Fargo also have 11 solar-powered retail stores in Denver, three in Los Angeles, and one in Hialeah, Florida. 

The company has also committed to achieving Leadership in Energy and Environmental Design (LEED) certification for 35% of all of its leased and owned square footage by 2020, and since 2013, it has been purchasing Renewable Energy Certificates (RECs) for its LEED portfolio.

Mary Wenzel, Senior Vice President, Head of Environmental Affairs, Wells Fargo, said: "We've set an ambitious goal, and we know that collaboration is essential to our being able to achieve it. Membership of RE100 provides us access to companies that are making the most progress in meeting similar goals and thought leaders who are driving a movement toward greater private-sector accountability and action on climate change." 

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