ESG News For DCC PLC

Wells Fargo has invested in 11 Minority Depository Institutions in 2021 as part of a $50 million pledge and a commitment to foster economic growth in Black and African American communities

Investment is part of a $50 million pledge to help minority institutions and the bank’s larger commitment to foster an inclusive recovery

Wells Fargo today announced that it is seeking to invest up to $50 million in African American Minority Depository Institutions (MDIs). These investments are part of Wells Fargo’s commitment to supporting economic growth in African American communities where MDIs, often community based banks, provide mortgage credit, small business lending, and other banking services. Wells Fargo commends Congresswoman Joyce Beatty and Congressman Gregory Meeks for recently sponsoring legislation to enhance MDIs

Grants funded nonprofits in 50 U.S. states, Washington D.C., Puerto Rico, and international cities

Giving builds on increasing philanthropy over 25 years, addresses community issues around affordable housing, small businesses, education, sustainability

Funding awarded to local Community Development Financial Institutions

Company announces initial actions to support economic growth with tax reform