Annual Report

Overview

The report describes Wells Fargo's response to COVID-19, including enabling more than 200,000 employees to work from home, funding 194,000 PPP loans, and directing $475 million to charitable giving. It records 2020 consolidated revenue of $72,340 million and year-end headcount of 268,531, alongside a company-wide transformation focused on risk, controls, customer conduct, and efficiency. The report also introduces the company's Social Impact and Sustainability strategy, covering housing affordability, small-business growth, financial health, and a low-carbon economy. Wells Fargo reports a 100% renewable-energy commitment and nearly 120 long-term contracts supporting more than 750 megawatts of renewable energy.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2020
Period: 1 January 2020 – 31 December 2020
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Materiality

Assessment
Basis

Assurance

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