Rankings · Commercial banks · United States
Wells Fargo
Publicly traded companySan Francisco, Californiawellsfargo.com
4thof 5 commercial banks
Near the bottom of the five largest US commercial banks on climate and lobbying, weighted by Spendwell members’ average priorities.
Better choiceWorse choice
Better ranked: Bank of America (1st), Goldman Sachs (2nd) and JPMorgan Chase (3rd)
Why it ranks here
Climate
environmental impactCommitted to set net-zero targets through a UN-convened or backed alliance or initiative, but withdrew from this commitment. Its disclosed emissions fell 2.1% between 2021 and 2022.
Sources: EP100, RE100, Net Zero Tracker, Science Based Targets initiative (SBTi), Climate Data Utilityemissions through 2022
5/5tied last with Bank of America and JPMorgan Chase
Lobbying
political impactSpent an average of $4.25 million a year lobbying the US federal government, 2018 to 2022.
Source: US Senate lobbying disclosuresthrough December 2022
4/5
How this is measured
All methodologies are in beta. Expect revisions and improvements.
Media, or other questions about this ranking: inquiry@spendwell.com