Fifth Third Sets $100 Billion Environmental and Social Finance Target Through 2030

Building upon its progress in leading the transition to a sustainable and inclusive future for all, Fifth Third has announced a new $100 billion environmental and social finance target to be achieved through 2030. The new target is an expansion of the Bank’s original $8 billion sustainable finance goal, which was set in 2020. That goal was focused on renewable energy and was recently achieved nearly three years ahead of schedule. Governed by the Fifth Third Environmental and Social Finance Framework, the new target has an expanded scope to include…

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Fifth Third Achieves Carbon Neutrality

Fifth Third have announced that it has achieved carbon neutrality for its operations in 2020, including greenhouse gas emissions from its facilities and business travel. This achievement was accomplished by directly reducing the Company’s corporate carbon footprint, purchasing renewable power and utilizing carbon offsets from a project in its retail footprint for remaining emissions. “Becoming the first regional U.S.-based commercial bank to achieve carbon neutrality demonstrates Fifth Third’s unequivocal commitment to environmental sustainability leadership in the financial services industry,” said Fifth Third Chairman and CEO Greg D. Carmichael. “Achieving and…

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Fifth Third Achieves Carbon Neutrality

Fifth Third has announced that it has achieved carbon neutrality for its operations in 2020, including greenhouse gas emissions from its facilities and business travel. This achievement was accomplished by directly reducing the Company’s corporate carbon footprint, purchasing renewable power and utilizing carbon offsets from a project in its retail footprint for remaining emissions. “Becoming the first regional U.S.-based commercial bank to achieve carbon neutrality demonstrates Fifth Third’s unequivocal commitment to environmental sustainability leadership in the financial services industry,” said Fifth Third Chairman and CEO Greg D. Carmichael. “Achieving and…

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