Wells Fargo abandons net-zero emissions target in favor of more immediate sustainability goals.

From Investing.com: 2025-02-28 15:30:53

Wells Fargo has decided to abandon its target of financing net-zero emissions by 2050 as part of a broader reassessment of its environmental, social, and governance (ESG) policies. The move comes as the bank shifts its focus towards more immediate and impactful sustainability goals. Wells Fargo had previously faced criticism for its lackluster ESG performance.



Read more at Investing.com: Wells Fargo drops financed emissions target amid ESG rethink