Wells Fargo lifts students up
Actions we're taking on social issues that young adults bound for college and in college care about
Wells Fargo works across the country to create solutions to pressing societal challenges via its corporate responsibility efforts. Wells Fargo Stories and the Bank of Doing pages on the main Wells Fargo website are two places that regularly chronicle how we’re helping our communities thrive.
Here at CollegeSTEPS, you’ll see specific actions Wells Fargo takes to address issues that matter directly to high school students, college students and recent college graduates.
Higher education
Wells Fargo has a long history of providing significant support to propel students along their higher-education journey.
$115 million
Amount invested in scholarships and programming for students since 2011.
17,000+ students
Number of students assisted by Wells Fargo programming and scholarships since 2011.
5,000+ hours
Estimated time Wells Fargo employees volunteered in support of scholar programs since 2018.
Inclusion
When people of different backgrounds and perspectives work together, communities benefit.
Our numerous corporate social responsibility commitments are intertwined. So we look for ways to address multiple issues when we act: for example, promoting access to higher education and lifting up underserved populations in sponsoring scholarships, or fueling small-business growth and helping entrepreneurs through Wells Fargo commercial banking programs.
Gathering
LGBTQ+ allies
In 1987, Wells Fargo added sexual orientation to our nondiscrimination policy. Since then, we have continued our support internally through the Wells Fargo PRIDE Team Member Network and externally through financial and volunteer support to LGBTQ organizations. Key nonprofit partners include:
HRC, Point Foundation, The Trevor Project, Out & Equal Workplace Advocates, True Colors United, SAGE, GLSEN, GLAAD
Combating
bullying
Wells Fargo and GLSEN have worked together since 2010 to distribute Safe Space Kits to teachers, counselors and administrators who want to be educated allies to LGBTQ+ youth.
Economic empowerment
Internships
Internships are an important way for students to network and gain real-world work experience. Wells Fargo offers a range of undergraduate and graduate internship opportunities around the country, including many internship roles that can be done remotely.
Housing Affordability
A quality place to call home is something everyone should have. That’s why we’re doing work to provide local communities nationwide with support and assistance to get more people into homes and quality rentals.
- $525 million donated to help address the housing affordability crisis in the country, including supporting available and affordable rentals, homeownership, and housing stability
- $119 million to Habitat for Humanity in support of affordable and sustainable housing since 2010
Financial health
A recent survey found that 86% of college students say the coronavirus pandemic has made them more concerned about their financial future. As a student, you are seeking out trusted resources to help you find answers to your questions and learn about ways to improve your financial health. Because when you’re in good financial health, you’ve got a plan that works for you today, for rainy days, and for the goals you want to reach some day. Wells Fargo helps students and their families with the following programs and partnerships:
Small business growth
The entrepreneurial spirit is strong with students. According to a recent survey by Intelligent, 60% of 2022 US college graduates say they plan to run their own business. Of these students, 17% have already begun operating their own business.
To help new and growing small businesses, Wells Fargo provides educational guidance at Wells Fargo Works for Small Business.
Environmental sustainability
Financing a more sustainable future
The Wells Fargo Institute for Sustainable Finance supports clients and communities to accelerate the transition to an equitable, low-carbon economy. Together, we produce analysis and insights to help address evolving social and environmental challenges and advocate for positive outcomes. With a goal to deploy $500 billion in sustainable financing by 2030, we help direct capital to sustainable businesses and projects.
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