If you've no account register here first time
User Name :
User Email :
Password :

Login Now

Well Fargo Passes $3 Billion Mark in Environmental Financing

wells-fargo.jpgWells Fargo has provided more than $3 billion in environmental financing, two-thirds of which has gone toward projects for LEED-certified buildings, the company said.

Other projects supported by Well Fargo investments are in renewable energy ($700 million) which combined are expected to generate enough clean energy to power nearly a half million households.

About $500 million went to green businesses – that is, those that have made environmental sustainability a key part of their missions, focusing on renewable energy, energy efficiency, sustainable agriculture and forestry, and resource management.

Wells Fargo also committed $50 million to nonprofit organizations that improve the environment in low- to moderate-income communities. See Wells Fargo’s progress report for details on how the $622-billion company supports environmental markets.

The original goal was to provide $1 billion in environmental financing – a mark that the company has now passed, two years ahead of schedule. The lending target was part of a larger, 10-point environmental commitment.

Is Energy-From-Waste Worse Than Coal?
Sponsored By: Covanta Environmental Solutions

GHS Label Guide
Sponsored By: VelocityEHS

Zero Waste To Landfill
Sponsored By: Covanta Environmental Solutions

Embrace Big Data
Sponsored By: UL EHS Sustainability


Leave a Comment

Translate »