Overnight on Wall Street is daytime in Asia. responsible for the strategic integration of sustainability and corporate We use cookies to ensure that we give you the best experience on our website. Wells Fargo names first-ever chief sustainability officer. accelerate the transition to a low-carbon economy. integration of sustainability, including human rights considerations, into the You can sign up for additional alert options at any time. Global Brand Accelerator SuperOrdinary Acquires Creator Platform Fanfix. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We hate spam. Imagine the reduction in greenhouse gas emissions achievable by allowing expanded work from home. April 5, 2022. [emailprotected]. This website uses cookies for analytics, advertising and to improve our site. Welcome to ComplianceWeek.com. April 5, 2022 @ This site uses cookies. So Is the Generator Powering Your Aircon. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. CIC Insights, technology investment trends, cutting edge innovations and more. $200 billion in financing to environmentally beneficial businesses by 2030, Luhning began her career at WellsFargo in 2011 as head of Environmental and Social Risk Management (ESRM), where she implemented the companys first ESRM policy. In her new role, Luhning is responsible for leading progress against the companys enterprise climate initiatives and overseeing the WellsFargo Institute for Sustainable Finance, which includes climatealigned philanthropy, climate advocacy, and support for sustainable finance deployment and accounting. News aggregator iqstock.news - all main news from the world of finance, investment, business, stocks, cryptocurrencies, bonds, commodities, technology from the top sources around the world. The Financial Accounting Standards Boards 2021 agenda consultation report summarizes the extensive feedback FASB received when it asked stakeholders where it should focusits time and resources. Vornado Realty Trust announced the appointment of Lauren Brust Moss as senior vice president, chief sustainability officer. More information on sustainability at WellsFargo can be found on WellsFargo Stories. After submitting your request, you will receive an activation email at the requested email address. WellsFargo has achieved carbon neutrality in its operations (scopes 1 and 2) since 2019, and has invested over $13.3billion in clean energy projects across the country (between 2005 and 2021), making it a leading provider in the tax equity market. responsibility across Wells Fargos products and services, operations and Media Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Deloitte Wins 2022 'Digital Innovation of the Year' for its Omnia ESG Module at the International Accounting Forum Fifth Third Sets $100 Billion Environmental and Social Finance Target through 2030, How Stock Exchanges Build a Greener World, UKs export support agency stops investing in new fossil fuel projects, Healthpeak Properties Publishes its 11th Annual ESG Report, European Parliament says natural gas projects can be considered green for investments, Wells Fargo appoints Kleber Santos chief of consumer lending, Wells Fargo Names Otis Rolley as Head of Social Impact. As financing for the fossil-fuel industry has come under increased scrutiny in Washington and among shareholders, some large banks have been adding chief sustainability officers. Wells Fargo Appoints Robyn Luhning as Chief Sustainability Officer. WellsFargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is the leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo said it aims to set interim financed emission targets for its oil, gas and power portfolios by the end of 2022. In March of 2021, WellsFargo set a goal of netzero greenhouse gas emissions by 2050, including client emissions attributable to its financing; committed to set targets for interim financed emission targets for the Oil & Gas and Power sectors by the end of 2022; and reset its sustainable finance commitment to $500billion between 2021 and 2030. Under Wenzels leadership, the company has announced aggressive Luhning holds a masters degree in environmental management from YaleUniversity. partnerships with organizations including the U.S. Department of Energys Bank of Japan Should Stop Meddling in Financial Markets, A Chef Tackles Inequality by Opening Farms in Black Communities, The US Has Lost Its Way on Computer Chips, Macau Casino Crash Shifts Worlds Gambling Crown to Las Vegas, Planned Parenthood Workers at 28 Clinics Vote to Unionize, Trucker Protest Keeps Dockworkers From Work at Key California Hub, Jean Paul Gaultier Says Straight Actors Should Be Eligible for Gay Roles, Reduced to a Trickle, River Managers Brace for More Drying, Drought Drives Las Vegas to Cap Size of Home Swimming Pools, Why Neighborhoods and Small Businesses Thrive in Tokyo, Pennsylvania County Could Become First to Divest From Wells Fargo Over Abortion, Boston Train Fire Adds to Troubled Safety Record atTransit Agency, Crypto Crash Be Damned, Some Workers Still Choose Digital Pay, Indonesia Plans Wholesale Digital Currency to Improve Transfers, Chief Sustainability Officer, Wells Fargo & Co. Wells Fargo has tapped Robyn Luhning, its head of environmental and social risk management, as the bank's first-ever chief sustainability officer. Take this self-directed, interactive course to deepen your understanding of cybersecurity risks and learn about the latest regulations to keep your organization compliant and prepared for todays dangerous cyber environment. Bill Daley, Vice Chairman of Public Affairs at Wells Fargo, said: Sustainability and addressing climate change are business imperatives at Wells Fargo and require a dedicated, elevated focus. In her new role, Luhning will be responsible for leading on Wells Fargos enterprise climate initiatives, overseeing the Wells Fargo Institute for Sustainable Finance, and for the companys ESG transparency and disclosure initiatives. Native communities, and created significant, strategic philanthropic She also will have responsibility for the companys ESG transparency and disclosure initiatives. LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther, FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsR & DProcurement & ContractingSupply Chain & DistributionSustainabilityStrategyTechnologyOther. 11:27 pm. 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Anonymous Deutsche Bank announced the appointment of Jrg Eigendorf as chief sustainability officer, effective Sept. 1. Bloomberg Daybreak Asia. Mark Segal Wells Fargo & Company announced the appointment of Robyn Luhning to the newly created role of chief sustainability officer. WellsFargo ranked No. Wells Fargo announced today the appointment of Robyn Luhning to the newly created role of Chief Sustainability Officer. Luhning takes on the new role after more than 10 years at Wells Fargo, serving since 2018 as Chief Operating Officer, Public Affairs, and most recently as Interim President, Wells Fargo Foundation & Head of Social Impact and Sustainability. Zero gasoline emissions caused by a zero value added commute and a smaller footprint. Will We Care About It Now? Jointhe ESG Today daily newsletter and get all the top ESG stories, like this one. FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsProcurement & ContractingR & DStrategySupply Chain & DistributionSustainabilityTechnologyOther, ESG investing news, analysis, research and information. Track your investments 24 hours a day, around the clock from around the world. Robyns strong background in corporate responsibility, stakeholder engagement, and environmental and social risk management make her wellsuited for this new position at the bank.. If you continue to use this site we will assume that you are happy with it. Sustainability and addressing climate change are business imperatives at WellsFargo and require a dedicated, elevated focus, said BillDaley, Vice Chairman of Public Affairs at WellsFargo. Prior to joining Wells Fargo, she ran a corporate responsibility practice, and she has held sustainability-related roles at companies including Colgate-Palmolive and Vivendi. In her role, Luhning is responsible for leading progress against the companys enterprise climate initiatives and overseeing the Wells Fargo Institute for Sustainable Finance, which includes climatealigned philanthropy, climate advocacy, and support for sustainable finance deployment and accounting. strategy and reporting; ESG analyst engagement and disclosures; social, economic and environmental needs of American Indian and Alaska

She also oversees Wells Fargos environmental, social and governance disclosures. Deutsche Bank names chief sustainability officer, Assessing results of FASBs 2021 agenda consultation report, Bank of America reserves $200M for enforcement over banker personal device use, Vornado Realty Trust appoints chief sustainability officer, Admiral Group names group chief risk and compliance officer. In her role as Executive Vice President and head of Sustainability and About WellsFargo Democratic Lawmakers Include Renewables Incentives In US Infrastructure Bill, US storage market breaks records with 3.5 GWh of new deployments in Q3, Biden taps DC regulator Phillips to fill FERC's 5th seat; 'a gift to corporate utilities,' says critic. 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Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo, Contact Information She served most recently as interim head of Social Impact & Sustainability and before that as head of Strategy and Transformation within the Public Affairs division. She also will have responsibility for the companys environmental, social, and governance (ESG) transparency and disclosure initiatives. Joe Biden Has Covid. Luhning began her career at Wells Fargo in 2011 as head of environmental and social risk management, where she implemented the companys first ESRM policy. You must click the activation link to complete your subscription. Corporate Responsibility at Wells Fargo, Mary Wenzel is Stay up to date with major world events, create your own news feeds, save time reading news. We provide links to external websites for your convenience. We will never sell, rent, or share your information - honest! Connect with us to join the compliance conversation. Robyns strong background in corporate responsibility, stakeholder engagement, and environmental and social risk management make her wellsuited for this new position at the bank., Brent Mary's areas of focus include corporate responsibility Last year, Wells Fargo announced a series of ESG and sustainable finance initiative, including a commitment to achieve net zero greenhouse gas emissions across its operations and finance activities by 2050, and the launch of an Institute for Sustainable Finance to manage the deployment of $500 billion of financing to sustainable businesses and projects by 2030. culture, and philanthropy. She joined the bank in 2011 as head of Environmental and Social Risk Management (ESRM), where she implemented the companys first ESRM policy. You are leaving newsroom.wf.com and entering a website that Wells Fargo does not control. Sustainability and addressing climate change are business imperatives at Wells Fargo and require a dedicated, elevated focus, Bill Daley, the companys vice chairman of public affairs, said in a press release. Read our policy. lending; community development and philanthropy initiatives; and team Bernacki Ethics and compliance veteran Asha Palmer announced her departure from software company OneTrust in a LinkedIn post. Bank of America has set aside $200 million in anticipation of an enforcement action related to unauthorized use of personal devicesan area in which U.S. regulators are cracking down. committed $50 million in philanthropy over five years to address the unique companys environmental and social risk management, financing and E.J. This QuickTake adaptation of our award-winning podcast, The Pay Check, focuses on the racial wealth gap. She served most recently as interim head of social impact and sustainability and before that as head of strategy and transformation within the public affairs division. Join our mailing listfor the latest breaking ESG investment news! 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. Wells Fargo does not endorse and is not responsible for their content, links, privacy, or security policies. Now in its 10th year, Compliance Week Europe is created for compliance, risk, and ethics officers to come together for two days dedicated to the sharing of knowledge and experiences from an international perspective. April 5, 2022 @ Markets never sleep, and neither does Bloomberg. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a lowcarbon economy. Live market coverage co-anchored from Hong Kong and New York. Desire for transparency launches FedEx on ESG journey, CW case study offers 360-degree view of ransomware attack, e-Book: Preparing for the SECs climate-related disclosure rule, e-Book: Avoiding pitfalls of working in high-risk regions, e-Book: Finance Automation: Thriving in the Age of Change. News, insights, and perspectives from WellsFargo are also available at WellsFargo Stories. By completing your subscription, you are providing consent to Wells Fargo Newsroom to send you email alerts and you are agreeing to our Digital Privacy and Cookies Policy. Admiral Group, a financial services and insurance company with businesses in the United Kingdom, Europe, and America, announced the appointment of Keith Davies as group chief risk and compliance officer. member engagement. New role underscores the companys commitment to sustainability, climate strategy, and Environmental, Social and Governance disclosure. We'll assume you're ok with this, but you can opt-out if you wish. As Wells Fargo's chief sustainability officer, Robyn Luhning leads the banks climate plans and oversees both its sustainable financing institute and its environmental, social and governance disclosures. National Renewable Energy Laboratory and GRID Alternatives, to help SAN FRANCISCO WellsFargo & Company (NYSE: WFC), today announced that it has appointed Robyn Luhning to the newly created role of Chief Sustainability Officer (CSO), underscoring the banks commitment to enterprise sustainability, addressing climate change, and increasing focus on Environmental, Social and Governance (ESG) matters. 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In her new role Luhning leads the banks climate plans and oversees its sustainable financing institute, which includes environmental philanthropy and advocacy efforts, the company said Monday.