Fifth Third Bank’s Environmental Sustainability Initiative


Fifth Third is committed to being an environmental leader in the financial services sector and to leading the transition to a sustainable future.  Our commitment is rooted in our desire to build strong communities, belief in corporate social responsibility, to serve our customers well and to be the One Bank people most value and trust. We are driven by our understanding that integrating sustainability into all aspects of our Company creates long-term sustainable value and strengthens the communities we serve.

Group of Fifth Third Bank executives stand near solar panels and cut a red ribbon celebrating energy-saving initiatives.

Our Sustainability Strategy

To advance our commitment and achieve our vision, Fifth Third’s sustainability strategy has three components:

Operational Sustainability

In June 2017, we set five bold sustainability goals to achieve by 2022, including to reduce our energy use and location-based greenhouse gas emissions 25%, to reduce our water consumption and waste generation 20%, and to purchase 100% renewable power. We are proud to have already achieved our greenhouse gas, water, and renewable energy goals.  In particular, we are extremely proud to be the first Fortune 500 company to purchase 100% solar power. To learn more about our journey to 100% renewable power, see the infographic of the project’s benefits.

To learn more about our journey to 100% renewable power, read more about the project and its benefits.

Risk Management

As we mature our efforts to understand and manage climate-related risks, we have adopted an Environmental & Social Policy that addresses sectors requiring enhanced due diligence, scenario analysis, and other topics. 

Accelerating the Transition to Sustainable Future

Fifth Third began financing renewable energy projects and companies in 2012.  Since then, Fifth Third’s renewable energy financing offerings have expanded to include lending, capital raising (debt and equity), and M&A advisory services.  To highlight these efforts, Fifth Third announced a Sustainable Finance goal of $8 Billion to be achieved by 2025 and, as of September 2020, we are already more than half way to our goal.

Additional information

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*Location based. In 2019, we achieved our greenhouse gas and water use Key Performance Indicators (KPIs) goals, and, at the August 29, 2019 grand opening of the Aulander Holloman Solar Project, Fifth Third became the first Fortune 500 company to purchase 100% solar power on a forward-looking basis. Our 2019 KPIs were assured by a third party; see the Additional Disclosures section of