Wells Fargo has deployed USD 264 billion in sustainable finance activities between 2021 and 2024, reaching 53 per cent of the USD 500 billion target the bank has committed to by the end of 2030, according to figures the bank highlighted in December 2025. The figures update the bank's cumulative progress against the headline climate and sustainability finance commitment it made at the outset of the decade.
The bank's sustainable finance activity spans renewable energy, clean transportation, water management, affordable housing and economic development, and 2024 was a record year, with USD 87 billion deployed.
ELIGIBILITY CRITERIA
Activities count towards the total only if they meet the bank's Sustainable Finance Eligibility Criteria.
2030 GOAL MAINTAINED
The bank's USD 500 billion sustainable finance goal for 2030 remains in place: when it dropped its financed-emissions targets and its net-zero goal for financed emissions in February 2025, the bank said it would maintain its 2030 sustainable finance goal.
The remaining USD 236 billion equates to about USD 39 billion a year over 2025 to 2030, compared with an average of approximately USD 66 billion a year over 2021 to 2024.