Tell Wells Fargo Bank to Stop Funding Dirty Energy

Dear Richard Kovacevich,

Why is Wells Fargo continuing to support environmentally and socially destructive projects from Alaska to Appalachia?

In Alaska, Wells Fargo supports logging in the Tongass National Forest by funding anti-environmental groups such as the Pacific Legal Foundation and the Resource Development Council of Alaska. These organizations have worked to rollback forest, endangered species and clean water protections, creating an atmosphere ripe for destruction of old-growth forests on our public lands.

In America's west, oil and gas companies financed by Wells Fargo's $4 billion energy portfolio are drilling in desert and mountain landscapes, causing destruction and pollution.

In Appalachia, Wells Fargo finances coal companies using mountaintop removal, a brutal strip mining process that is literally exploding the tops off of mountains across West Virginia, Kentucky and other states in the region, while polluting waterways and destroying forests and local communities.

Other US banks, like Citigroup, JP Morgan Chase and Goldman Sachs, have taken a more responsible approach and developed social and environmental policies with safeguards to prevent financing of destructive projects in sensitive ecosystems, while Wells Fargo remains committed to a world of irresponsible and exploitative lending practices.

Mr. Kovacevich, please take responsibility for the environmental and social impacts of Wells Fargo's financing. Work with Rainforest Action Network to develop 21st century policies that can put Wells Fargo on track to protect biodiversity, slow climate change and respect the rights of Indigenous Peoples and impacted local communities.

[Your comment]

I look forward to your reply.

Sincerely,
[Your name]
[Your address]