Saturday, December 26, 2009

Wells Fargo Aims to Reduce Its U.S. Based Greenhouse Gas Emissions by 20 Percent

Continues Focus on Reducing Environmental Footprint by Launching Solar Energy Pilot, Extending Efforts to Make Retail Banking Stores Greener

Wells Fargo announced a goal to reduce its U.S.–based greenhouse gas emissions by 20 percent below 2008 levels by 2018. The Company is focusing on reducing its carbon footprint as part of its continued environmental commitment to lead by example and to fulfill its pledge as a member of the U.S. Environmental Protection Agency’s (EPA’s) Climate Leaders program, which Wells Fargo joined last year.

Wells Fargo is also installing solar photovoltaic (PV) systems on 10 banking stores in Denver. Combined the systems will generate about 300,000 kilowatt hours of clean, renewable energy each year, or the equivalent of avoiding about 450,000 pounds of carbon dioxide emissions annually.


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