WELLS FARGO & COMPANY | Fossil fuel lending at WELLS FARGO & COMPANY
How other organisations have declared their voting intentions
Organisation name | Declared voting intentions | Rationale |
---|---|---|
Rothschild & co Asset Management | For | |
Anima Sgr | Against | The company has committed to the goals of the Paris Agreement and to reach net zero greenhouse gas emissions in its financing activities, operations, and supply chain by 2050. It has established 2030 emissions reduction targets for the oil and gas and power sectors and by 2030 aims to provide $500 billion in sustainable financing. The company has banned project financing for most new coal-fired power plants, and new or expansions of thermal coal mines. The company's 2030 targets and financing restrictions are in line with its peers, and the company provides shareholders with sufficient disclosure to assess the methodology it used to set its 2030 oil and gas sector target. |
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