2019 Environmental, Social, and Governance Report
Leadership and Board Messages
Fifth Third Bank is proud to release our 2019 Environmental, Social, and Governance (ESG) Report, which builds upon the Fifth Third Bancorp 2019 annual report to shareholders, as well as the community-focused corporate social responsibility reports of previous years.
Read the 2019 report and supportive message from Chairman, President & CEO Greg D. Carmichael.
Our Approach to ESG
The ESG Report builds upon a foundation set by years of corporate social responsibility reports produced annually by Fifth Third. The ESG Report broadens the stakeholder view with more data-driven information related to the Bank’s environmental, social and governance efforts.
Awards and Accolades
Fifth Third’s progress related to ESG is being recognized. From Jan. 1, 2019 through June 30, 2020, the Bank received numerous awards and accolades.
ESG Highlights
Fifth Third set an $8 billion sustainable finance goal, surpassed its $32 billion Community Commitment, facilitated $5.4 billion in Small Business Administration Paycheck Protection Program (PPP) loans, raised its minimum wage to $18/hour, and reported 33% board gender diversity.
Section 1: Economic
The Economic section of the ESG Report includes purpose and values, corporate and economic profile, sustainable financial performance and business strategy, markets served, responsible banking, empowering customers and the community commitment.
Section 2: Governance
The Governance section of the ESG Report includes corporate governance, business ethics, public policy and government relations, risk management, consumer privacy and information security, and third-party management.
Section 3: Social
The Social section includes Fifth Third’s COVID-19 response, inclusion and diversity, employees and communities, including community reinvestment act performance, the Bank’s community commitment, financial and economic inclusion, and corporate citizenship and philanthropy.
Section 4: Environment
The Environment section features operational sustainability, green procurement, risk management, accelerating the transition to a sustainable future and environmental data.
GRI, SASB and TCFD Indexes
The index includes GRI indicators that are relevant for our business. Read more about the GRI, SASB, and TCFD Indexes, or for additional information, visit the Investor Relations ESG page.
Fifth Third Environmental, Social and Governance Report
If you'd like to see the full ESG Report, you're in the right place.
Within the report, you'll find more detailed information on the key topics above.