Wells Fargo's annual spending with diverse suppliers saw substantial growth between 2012 and 2023. In 2012, the bank spent approximately 732 million U.S. dollars with diverse suppliers. This figure rose to 1.3 billion dollars by 2021 and remained steady in 2022. In 2023, the spending decreased slightly but stayed around one billion dollars.
Annual spending of Wells Fargo with diverse suppliers from 2012 to 2023
(in billion U.S. dollars)
The source defines a diverse supplier as a business that is at least 51 percent owned, managed, and controlled by a historically underrepresented person or group.Â
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Wells Fargo. (August 1, 2024). Annual spending of Wells Fargo with diverse suppliers from 2012 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1323621/supplier-diversity-wells-fargo/
Wells Fargo. "Annual spending of Wells Fargo with diverse suppliers from 2012 to 2023 (in billion U.S. dollars)." Chart. August 1, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1323621/supplier-diversity-wells-fargo/
Wells Fargo. (2024). Annual spending of Wells Fargo with diverse suppliers from 2012 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1323621/supplier-diversity-wells-fargo/
Wells Fargo. "Annual Spending of Wells Fargo with Diverse Suppliers from 2012 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/1323621/supplier-diversity-wells-fargo/
Wells Fargo, Annual spending of Wells Fargo with diverse suppliers from 2012 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1323621/supplier-diversity-wells-fargo/ (last visited October 30, 2024)
Annual spending of Wells Fargo with diverse suppliers from 2012 to 2023 (in billion U.S. dollars) [Graph], Wells Fargo, August 1, 2024. [Online]. Available: https://www.statista.com/statistics/1323621/supplier-diversity-wells-fargo/
