12 We’re working hard to make meaningful and enduring contributions to society . This is at the heart of Wells Fargo’s approach to effectively managing ESG matters, and this report demonstrates the many ways ESG considerations are integrated into our policies and programs . We believe in clearly and transparently demonstrating how we’re delivering on our ESG commitments . And we further believe that corporate leaders — guided by the highest ethical standards — should use their influence and resources to make a positive impact on social and cultural issues . That’s why we’ve worked so hard to help ensure that our management policies contribute to positive value for our employees, customers, communities, and investors . One of the first things that CEO Charlie Scharf did when he joined Wells Fargo was to sign the Business Roundtable’s Statement of the Purpose of a Corporation . * In his words, “It’s simple and straightforward, and it’s a clear statement that businesses are responsible to a broad set of constituents and have responsibilities beyond what some companies have believed historically . Given the businesses we’re in and the reach we have, I believe our responsibilities and potential for impact are particularly great .” In line with that vision, Wells Fargo closely collaborates with the public sector to drive responsible business practices . A number of governments and regulators are pursuing initiatives that call for greater action and disclosure, including the UK Modern Slavery Act and the Task Force on Climate-related Financial Disclosures (TCFD) . Meanwhile, at an intergovernmental level, the UN SDGs * have become an important benchmark for multinational companies’ ESG efforts . Increasingly, investors use ESG factors to guide their investment decisions, and a growing number of shareholders identify as socially responsible . We’re also hearing more questions from customers on such topics as diversity, equity, and inclusion; climate change; and operational efficiency . On all these fronts and beyond, we strive to contribute meaningful solutions to pressing societal challenges, including inequality, COVID-19, and climate change, which — as many ESG experts have pointed out — are all interconnected . Going forward, these challenges will likely be magnified as demographics shift, racial and social inequities continue to grow, population densities increase, and extreme weather events become more frequent . Finding solutions will require global engagement and collaboration, and demands that we help navigate significant change to drive positive impact . At Wells Fargo, we’re answering that call . We’re taking actions to help address these interconnected crises in order to support an inclusive and enduring recovery . Working together to drive positive impact *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 .