Fossil Fuel Divestment TWIST

What is happening? Wells Fargo named its first Chief Sustainability Officer.

Why is this important? Wells Fargo’s CSO will ” set interim financed emission targets for its oil, gas and power portfolios by the end of 2022.”

How will this be important? In 2021, Wells Fargo became the last of the six largest U.S. banks to commit to achieving net-zero greenhouse-gas emissions by 2050.

Utility Dive | Wells Fargo names its first chief sustainability officer