2021 U.S.-Booked Air Volume: $2 million
Global Expense Management Supplier: Concur
Consolidated U.S. TMC: Amex GBT

BTN estimates that financial services and banking firm Wells Fargo in 2021 saw its U.S.-booked air spend decrease about 90 percent from a 2020 estimate. The company reported total 2021 revenue of $78.5 billion, up 6 percent year over year, but down about 16 percent from 2019.

Wells Fargo prompts employees to consider remote conferencing for internal and external meetings before booking travel. Those who travel must book through the bank’s designated travel management company.

The company in 2021 committed to deploying $500 billion in sustainable financing by 2030 and set a goal of net-zero greenhouse gas emissions by 2050. As of publication had not yet reported 2021 carbon emissions. Wells Fargo employed about 83,730 individuals as of the end of 2021, down 4 percent from the year prior.