Fifth Third Bancorp 2016 AR2
The report highlights Fifth Third Bancorp's financial and operational performance for the fiscal year 2016, including the launch of its three-year NorthStar strategy to achieve long-term financial targets by 2019. The company announced a landmark $30 billion Community Commitment to support low- and moderate-income communities over five years. Additionally, Fifth Third advanced its environmental sustainability efforts through a major LED lighting retrofit across 136 facilities, expected to reduce lighting-related energy use by 50 percent. The bank also optimized its retail network with a 105-branch reduction and introduced collaborative open-office workspaces.
Company: Fifth Third Bancorp
Sector: Financials
Country: United States
Year: 2016
Type: AR2
Pages: 216
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Fifth Third Bancorp
Annual Report
The report highlights Fifth Third Bancorp's financial and operational performance for the fiscal year 2016, including the launch of its three-year NorthStar strategy to achieve long-term financial targets by 2019. The company announced a landmark $30 billion Community Commitment to support low- and moderate-income communities over five years. Additionally, Fifth Third advanced its environmental sustainability efforts through a major LED lighting retrofit across 136 facilities, expected to reduce lighting-related energy use by 50 percent. The bank also optimized its retail network with a 105-branch reduction and introduced collaborative open-office workspaces.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees