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70 Integrating ESG into supplier selection and engagement Considering ESG both during supplier selection as well as throughout the course of our ongoing relationship is an important element of how we aim to optimize environmental and social principles across our value chain . Wells Fargo seeks to build suppliers’ ESG awareness and encourage them to support sustainable sourcing initiatives, enhance respect for human rights, and embrace environmental sustainability . We also provide educational opportunities to address environmental challenges . Notably, ESG considerations are integrated into our sourcing process . We have implemented a variety of sustainable sourcing initiatives in key areas/categories, including data centers, managed printing, office supplies, promotional items, and additional areas within our facilities and operational scope . We continuously engage with our suppliers on ESG topics . We’ve instituted a collaborative supplier sustainability program that is designed to build awareness, create transparency, and drive best practices in our supply chain and operations . As part of this program, we anticipate launching a sustainability learning series for relevant Wells Fargo suppliers . Performance trends can be found in the Wells Fargo ESG Goals and Performance Data (PDF) . Wells Fargo’s 2020 CDP Supplier Engagement Ranking (SER) is A-. The SER assesses performance on governance, targets, Scope 3 emissions, and value chain engagement in the CDP climate change questionnaire. Of the more than 5,000 companies that participated, Wells Fargo ranked in the top 15%. We’re in the final stages of completing customized education support for our suppliers who received a score of B- or less from CDP. In 2020, we augmented the training to address COVID-19’s impact and the importance of business continuity planning for small and diverse-certified companies. We’ve invited many of our key suppliers to participate in the CDP Climate Change survey; it’s one more way we back our commitment to integrating environmental sustainability throughout our supply chain. In addition to our involvement with CDP, Wells Fargo is a member of the Sustainable Purchasing Leadership Council . * This nonprofit organization offers guidance to support best practices in ESG and offers us the benefit of working with a collaborative community of companies, large and small, that are focused on the same ESG opportunities and challenges. *We do not control this website . Wells Fargo has provided this link for your convenience, but does not endorse and is not responsible for the content, links, privacy policy, or security policy of this website .

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