Local companies

Wells Fargo to offset 40% of energy consumption

Wells Fargo & Company (WFC) said in a statement that it will offset 40 percent of its energy consumption by purchasing renewable energy certificates to support generating 550 million kilowatt-hours of clean, renewable wind energy a year for three years. The action makes Wells Fargo becomes the largest corporate purchaser of renewable energy in the United States according to the U.S. Environmental Protection Agency, the company said. The nonprofit Center for Resource Solutionsverifies the certificates. The purchase, which supports wind power, will help develop renewable energy and prevent the emission of 380,000 tons of carbon dioxide each year.

Safeway buys remainder of GroceryWorks

Supermarket giant Safeway (SWY) has purchased the remaining 43.8 percent of GroceryWorks it did not already own, making the online-shopping and home-delivery business a wholly-owned subsidiary. The company operates Safeway.com in the San Francisco Bay Area, and also operates VONS.com throughout Southern California and Las Vegas, Nevada.

Union Bank grants $685K for low-cost housing

The Union Bank of California Foundation announced the beneficiaries of its “Cornerstone Awards,” a $685,000 grant program founded in 2002 to fund emerging nonprofit housing developers in California. Theprogram provides flexible operating grants and funding for technical assistance to up-and-coming affordable homebuilders. Community Housing Partnership in San Francisco, Wakeland Housing and Development Corporation in San Diego and Rancho Housing Alliance in Coachella will each receive $195,000 over a three-year period to complete new affordable housing developments in their local areas.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Ali Jamalian, whose life was disrupted in the wake of being charged with possession decades ago, now heads up Sunset Connect, a cannabis manufacturing company. (Kevin N. Hume/The Examiner)
Green Rush: Cannabis equity program elevates unexpected entrepreneurs

‘It’s a form of reparations for those of us who were ruined by cannabis arrest’

The Giants and Dodgers face each other again following a May series the Dodgers swept; Dodgers shortstop Gavin Lux caught stealing by Giants second baseman Donovan Solano at Oracle Park on May 23 is pictured. 
Chris Victorio/
Special to The Examiner
Giants vs. Dodgers: What you need to know before this week’s huge series

By Chris Haft Special to The Examiner That grinding noise you’ll hear… Continue reading

San Francisco supervisors approved zoning changes that will allow a chain grocery store to occupy the bottom floor of the 555 Fulton St. condo building. (Kevin N. Hume/The Examiner)
Trader Joe’s approved for Hayes Valley, bringing long-awaited grocery store

New Seasons Market canceled plans at 555 Fulton St. citing construction delays

Most Read