Climate-aligned philanthropy: The Wells Fargo Innovation Incubator Wells Fargo supports clean technology innovation and entrepreneurship through strategic philanthropy and community partnerships. The Wells Fargo Innovation Incubator (IN²) is a $50 million collaboration with the United States Department of Energy’s National Renewable Energy Laboratory (NREL) that aims to speed the path to market for technology startups focused on sustainability and resiliency in the built environment (i.e., man-made environment), as well as sustainable agriculture. Wells Fargo 2 Innovation Incubator (IN ) Unit 2019 2020 2021 Grant dollars awarded USD 1,295,000 3,119,457 1,971,000 onmental Organizations supported # of 43 74 23 Envir Social ernance v Go 25 Environmental, Social, and Governance Report 2022