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Company survey response

Wells Fargo

Headquarters in USA

Wells Fargo website: http://www.wellsfargo.com

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Story
26 November 2019

BankTrack Human Rights Benchmark 2019 shows 4 out of 5 banks are failing on human rights

Published on 26 November 2019, the third iteration of BankTrack's Human Rights Benchmark assesses 50 of the largest global banks on their progress towards implementing the UN Guiding Principles on Business and Human Rights (UNGPs). It finds that nearly...

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Article
7 August 2019
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Article
12 July 2019
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Author: L'Echo (Belgique)

« BNP Paribas renonce à financer les centres de détention controversés aux USA », 11 juillet 2019...

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Company response
3 June 2019

Response by Wells Fargo

Author: Wells Fargo

Wells Fargo has issued a Business Standards Report (BSR), which details the changes Wells Fargo has made, and continues to make, since 2016 ... we established an external Stakeholder Advisory Council... nearly doubled the Environmental and Social Risk...

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Story
31 May 2019

Report alleges major banks contribute to climate change through increased funding of fossil fuels

In May 2019, a group of NGOs led by Rainforest Action Network published research findings that suggest some of the biggest banks around the world are financing fossil fuels more than ever before. Since the Paris Agreement took effect in 2016, 33 of the...

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Article
29 April 2019

John Ruggie highlights positive contribution of ESG investing to advancing human rights

Author: John G. Ruggie

"ESG investing: Coming into its own - and not a moment too soon," 24 April 2019...

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Article
6 March 2019

USA: JPMorgan Chase to stop financing private operators of prisons & detention centers

Author: David Henry & Imani Moise, Reuters

"JPMorgan backs away from private prison finance," 5 March 2019...

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Story
14 January 2019

USA: Investors file resolutions with companies at risk for human rights violations due to govt. contracts related to immigration

In December 2018, investor members of the Interfaith Center on Corporate Responsibility launched a corporate campaign focused on a group of six companies across the private prison, e-commerce, banking and defense sectors, deemed at risk for human...

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Article
10 January 2019

Wells Fargo's response

Author: Wells Fargo

We are engaging with the SEIU about the proposal and remain committed to respecting human rights throughout our operations and our products and services. For further comment, we recommend reaching out directly to SEIU.

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Article
27 December 2018

USA: Investigation finds credit cards crucial to financing mass shootings; banks say not their responsibility to track gun purchases

Author: Andrew Ross Sorkin, The New York Times

USA: Investigation finds credit cards crucial to financing mass shootings; banks say not their responsibility to track gun purchases...

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