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The Australian bank says it has increased the share of renewables in its lending to the electricity generation sector from 59% to 75% since 2016
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The bank has reduced the energy consumed by its buildings and its staff’s journeys to and from work and uses a ‘green’ fleet
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It has also committed to power five million homes through supporting renewable projects in the UK by 2020
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Wells Fargo will provide half of the funding for projects that directly support the low carbon transition
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The bank supported nearly 1,500 green transactions over three years between 2015 and 2017
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