Wells Fargo

WFC · New York Stock Exchange · Financials

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Shareholder advocacy aimed at Wells Fargo

7 recorded campaigns from 3 organizations.

  • Sierra Club Foundation · 2023

    Sierra Club Foundation at Wells Fargo

    Adopt a time-bound phase-out of financing for new fossil fuel expansion.

    Source

  • As You Sow · 2023

    As You Sow at Wells Fargo

    Publish a climate transition plan showing how the bank will align its financing with its 2030 emissions reduction targets.

    Source

  • · 2022

    SEIU Pension Plans Master Trust at Wells Fargo

    Commission a third-party racial equity audit examining how the bank's policies and practices affect communities of color.

    Source

  • Clean Yield Asset Management · 2020

    Clean Yield Asset Management at Wells Fargo

    Report on how mandatory arbitration affects employees who bring sexual harassment claims, and reconsider requiring arbitration for those claims.

    Source

  • · 2019

    Members of the Interfaith Center on Corporate Responsibility at Wells Fargo & Company

    Address the human rights risk in the bank's credit and bond underwriting for private prison and detention operators.

    Source

  • · 2017

    New York City pension funds (NYC Comptroller Scott Stringer) at Wells Fargo & Co.

    Investors called on the Wells Fargo board to claw back pay from executives responsible for the bank's fake-accounts scandal and used the annual director election to signal accountability for oversight failures.

    Source

  • · 2014

    Sisters of St. Francis of Philadelphia, with Christian Brothers Investment Services and other members of the Interfaith Center on Corporate Responsibility at Wells Fargo & Co.

    Urged Wells Fargo to discontinue its Direct Deposit Advance product, a payday-style advance repaid automatically from the customer's next deposit, which the filers argued trapped customers in a cycle of debt through automatic repayment and high fees. Resolutions were filed for three consecutive years and the investors had engaged the bank since 2009.

    Source

How organizations asked shareholders to vote

Positions these organizations published themselves, each linked to where they published it. Nothing here is our view of how to vote.

2026

OrganizationItemAsks shareholders to voteSource
Sierra ClubShareholder resolution: Energy Supply RatioForPublished position
Sierra ClubShareholder resolution: Charter a New Committee on Indigenous Peoples' RightsForPublished position
Sierra ClubShareholder resolution: Disclose Climate-Related Litigation RiskForPublished position
Sierra ClubElection of directors (entire board)AgainstPublished position

2025

OrganizationItemAsks shareholders to voteSource
SOC Investment GroupSay-on-PayAgainstPublished position

What shareholders voted on

From Wells Fargo’s own filings with the SEC. Support is the share of votes cast for and against, so abstentions and broker non-votes are not counted in it.

2026

ItemKindAsked for bySupportOutcome
Shareholder Proposal – Govern by Majority VoteShareholder proposal48.3%Failed
Shareholder Proposal – Request for Board of Directors to Adopt Policy for an Independent ChairShareholder proposalNational Legal and Policy Center34.3%Failed
Shareholder Proposal – Energy Supply RatioShareholder proposalNYC Comptroller20.6%Failed
Shareholder Proposal – Report on High-Carbon Financing Litigation RiskShareholder proposalAs You Sow9.3%Failed
Shareholder Proposal – Board Committee on Indigenous Peoples' RightsShareholder proposalAmerican Baptist Home Mission Society5.3%Failed
Shareholder Proposal – Report on Respecting Vendor Civil LibertiesShareholder proposal1.8%Failed
Advisory Vote to Approve Executive Compensation (Say on Pay)Say on pay65.9%Passed
Amend and Restate the Company's 2022 Long-Term Incentive PlanCompany proposal95.9%Passed
Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for 2026Auditor93.9%Passed
Election of Felicia F. NorwoodDirector98.6%Passed
Election of Fabian T. GarciaDirector98.6%Passed
Election of Suzanne M. VautrinotDirector98.2%Passed
Election of Mark A. ChancyDirector98.1%Passed
Election of Maria R. MorrisDirector97.7%Passed
Election of CeCelia G. MorkenDirector97.5%Passed
Election of Steven D. BlackDirector97.1%Passed
Election of Theodore F. Craver, Jr.Director96%Passed
Election of Charles W. ScharfDirector95.3%Passed
Election of Richard K. DavisDirector95.3%Passed
Election of Ronald L. SargentDirector94.8%Passed
Election of Wayne M. HewettDirector93.9%Passed

2025

2024

ItemKindAsked for bySupportOutcome
Shareholder Proposal – Transparency in Lobbying Annual ReportShareholder proposal36.1%Failed
Shareholder Proposal – Third-Party Assessment of Respect for Freedom of Association and Collective BargainingShareholder proposalSegal Marco Advisors30.6%Failed
Shareholder Proposal – Annual Report on Prevention of Workplace Harassment and DiscriminationShareholder proposal28.5%Failed
Shareholder Proposal – Annual Climate Lobbying Congruency ReportShareholder proposal28%Failed
Shareholder Proposal – Annual Report on Congruency of Political Spending and Corporate ValuesShareholder proposalHarrington Investments25.3%Failed
Shareholder Proposal – Report on Respecting Indigenous Peoples’ RightsShareholder proposal24.1%Failed
Shareholder Proposal – Report on Risks of Politicized De-BankingShareholder proposal2.8%Failed
Shareholder Proposal – Audit of Climate Transition PoliciesShareholder proposalThe Sisters of St. Francis Dubuque Charitable Trust2.7%Failed
Advisory Resolution to Approve Executive Compensation (Say on Pay)Say on pay93.2%Passed
Approve an Amendment to the Restated Certificate of Incorporation to Opt Out of DGCL Section 203Company proposal98.7%Passed
Approve an Amendment to the By-Laws to Remove the Supermajority Vote Standard to Amend the Local Directors ProvisionCompany proposal97.3%Passed
Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for 2023Auditor94.6%Passed
Election of Richard K. DavisDirector97.7%Passed
Election of Felicia F. NorwoodDirector97.5%Passed
Election of Mark A. ChancyDirector97.5%Passed
Election of CeCelia G. MorkenDirector97.4%Passed
Election of Suzanne M. VautrinotDirector97.3%Passed
Election of Charles W. ScharfDirector97.3%Passed
Election of Fabian T. GarciaDirector97.2%Passed
Election of Maria R. MorrisDirector97%Passed
Election of Theodore F. Craver, Jr.Director96.7%Passed
Election of Celeste A. ClarkDirector96.7%Passed
Election of Steven D. BlackDirector95.3%Passed
Election of Ronald L. SargentDirector95.1%Passed
Election of Wayne M. HewettDirector90.7%Passed

2023

ItemKindAsked for bySupportOutcome
Shareholder Proposal – Annual Report on Prevention of Workplace Harrassment and DiscriminationShareholder proposal55%Passed
Shareholder Proposal – Adopt Simple Majority VoteShareholder proposalJohn Chevedden50.3%Passed
Shareholder Proposal – Policy on Freedom of Association and Collective BargainingShareholder proposal35.6%Failed
Shareholder Proposal – Climate Lobbying ReportShareholder proposal32.3%Failed
Shareholder Proposal – Climate Transition ReportShareholder proposal31.1%Failed
Shareholder Proposal – Report on Congruency of Political SpendingShareholder proposal28.5%Failed
Shareholder Proposal – Fossil Fuel Lending PolicyShareholder proposalThe Sierra Club Foundation8.6%Failed
Advisory Resolution to Approve Executive Compensation (Say on Pay)Say on pay92.7%Passed
Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for 2023Auditor94.3%Passed
Election of Richard K. DavisDirector98.2%Passed
Election of Mark A. ChancyDirector97.7%Passed
Election of Charles W. ScharfDirector97.5%Passed
CeCelia (“CeCe”) G. MorkenDirector97.5%Passed
Election of Felicia F. NorwoodDirector97.4%Passed
Election of Maria R. MorrisDirector97.2%Passed
Election of Richard B. Payne, Jr.Director97.1%Passed
Election of Theodore F. Craver, Jr.Director97.1%Passed
Election of Suzanne M. VautrinotDirector96.7%Passed
Election of Celeste A. ClarkDirector96.2%Passed
Election of Ronald L. SargentDirector95.9%Passed
Election of Steven D. BlackDirector92.7%Passed
Election of Wayne M. HewettDirector92.2%Passed

2022

ItemKindAsked for bySupportOutcome
Shareholder Proposal – Conduct a Racial Equity AuditShareholder proposal36.1%Failed
Shareholder Proposal – Report on Respecting Indigenous Peoples' RightsShareholder proposalThe Sierra Club Foundation25.9%Failed
Shareholder Proposal – Report on Incentive-Based Compensation and Risks of Material LossesShareholder proposalArjuna Capital23.9%Failed
Shareholder Proposal – Racial and Gender Board Diversity ReportShareholder proposal11.7%Failed
Shareholder Proposal – Climate Change PolicyShareholder proposalEquity Audit Service Employees International Union Pension11.4%Failed
Shareholder Proposal – Policy for Management Pay Clawback AuthorizationShareholder proposalJohn Chevedden7.2%Failed
Shareholder Proposal – Charitable Donations DisclosureShareholder proposalNational Legal and Policy Center4.5%Failed
Advisory Resolution to Approve Executive Compensation (Say on Pay)Say on pay73.4%Passed
Approve the Company's 2022 Long-Term Incentive PlanCompany proposal95.6%Passed
Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for 2022Auditor94.5%Passed
Election of Felicia F. NorwoodDirector98.2%Passed
CeCelia (“CeCe”) G. MorkenDirector98.2%Passed
Election of Richard K. DavisDirector98.2%Passed
Election of Richard B. Payne, Jr.Director98.1%Passed
Election of Juan A. PujadasDirector97.9%Passed
Election of Mark A. ChancyDirector97.9%Passed
Election of Charles W. ScharfDirector97.7%Passed
Election of Theodore F. Craver, Jr.Director97.1%Passed
Election of Suzanne M. VautrinotDirector96.9%Passed
Election of Ronald L. SargentDirector95.2%Passed
Election of Celeste A. ClarkDirector94%Passed
Election of Maria R. MorrisDirector93.6%Passed
Election of Wayne M. HewettDirector91.1%Passed
Election of Steven D. BlackDirector90.9%Passed

2021

2020

2019

2018

Proxy statements and vote results

Straight from Wells Fargo’s own SEC filings. The proxy statement lists what shareholders were asked to vote on; the 8-K certifies how the vote went.

YearFilingFiled
2026Vote results2026-04-30
2026Proxy statement2026-03-18
2025Vote results2025-05-02
2025Proxy statement2025-03-19
2024Vote results2024-05-02
2024Proxy statement2024-03-18
2023Vote results2023-04-27
2023Proxy statement2023-03-15
2022Vote results2022-04-29
2022Proxy statement2022-03-14
2021Vote results2021-04-30
2021Proxy statement2021-03-16
2020Vote results2020-05-01
2020Proxy statement2020-03-16
2019Vote results2019-04-26
2019Proxy statement2019-03-13
2018Vote results2018-04-26
2018Proxy statement2018-03-14

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