Fifth Third Bank’s
Fifth Third is committed to environmental leadership and to leading the transition to a sustainable future.
Our commitment is rooted in our desire to build strong communities, to serve our customers well and our Vision 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.
Fifth Third is continuing to work hard to reduce the environmental impact from our operations. We are doing this through innovations to achieve our 2022 sustainability goals while continuing to report on our progress.
Fifth Third achieved 100% renewable power in 2019 and carbon neutrality in 2020 for our Scope 1, Scope 2 and Scope 3 Business Travel operations.
Building on this success, we continue to reduce impacts in other areas, including reductions to water, waste and energy usage. We anticipate achieving and/or surpassing each of our bold sustainability goals by Dec. 31, 2022.
In April 2021, Fifth Third joined the Partnership for Carbon Accounting Financials (PCAF), an industry-led partnership of financial institutions worldwide that work together to develop and implement a consistent and transparent standard for financial institutions to assess and disclose GHG emissions associated with loans and investments.