Wells Fargo Ranked ‘Greenest Bank in U.S.’
Oct 01, 2009 | 1182 views | 0 0 comments | 15 15 recommendations | email to a friend | print
SAN FRANCISCO – Wells Fargo and Co. ranks number one among banks and insurance companies – and thirteenth overall – in Newsweek magazine’s Green Rankings of the country’s 500-largest companies, it was announced last week.

Wells Fargo, a diversified financial services company with $1.3 trillion in assets, provides banking, insurance, investments, mortgage and consumer finance through more than 10,000 stores and 12,000 ATMs and the internet worldwide, has a branch office in Mountain Village,

“A healthy environment is an integral part of positive community development and long-term business success,” said Mary Wenzel, head of Wells Fargo Environmental Affairs, of the green ranking.

“We’ve been working hard to integrate environmental stewardship into everything we do and are proud to be recognized for our efforts.”

Wells Fargo, was commended for providing more than $5 billion in financing to environmentally beneficial businesses, including more than $1.6 billion to support wind and solar energy projects nationwide; more than $3 billion to support the development of Leadership in Energy and Environmental Design-certified “green” buildings; and encourages the development of individual banks’ Green Teams aimed at improving sustainability, with employees volunteering to construct and rehab low-to moderate-income housing that meet local or national environmental building standards. In addition, the company is contributing $750,000 to support nonprofit organizations that focus on renewable energy, greener buildings or sustainable agriculture.

The ranking investigated companies’ environmental impacts, environmental policies and strategies, and environmental reputation.

The top 20 Greenest Big Companies in America, according to Newsweek:

1. Hewlett-Packard

2. Dell

3. Johnson & Johnson

4. Intel

5. IBM

6. State Street

7. Nike

8. Bristol-Myers Squibb

9. Applied Materials

10. Starbucks

11. Johnson Controls

12. Cisco Systems

13. Wells Fargo

14. Sun Microsystems

15. Sprint Nextel

16. Adobe Systems

17. Advanced Micro Devices

18. Kohl's

19. Allergan

20. Staples
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