Fifth Third Bancorp 2020 SR
The report highlights Fifth Third Bancorp's achievement of carbon neutrality for its operations in 2020, becoming the first regional commercial bank to do so. The company successfully completed its five-year, $32 billion Community Commitment, ultimately delivering $41.6 billion to support low- and moderate-income communities. Significant focus was placed on the Accelerating Racial Equality, Equity and Inclusion (AREEI) initiative, featuring a $2.8 billion commitment over three years. Additionally, the bank provided $7.4 billion in Paycheck Protection Program loans to support small businesses during the COVID-19 pandemic. The report also details progress toward six bold inclusion and diversity goals and an $8 billion sustainable finance target.
Company: Fifth Third Bancorp
Sector: Financials
Country: United States
Year: 2020
Type: SR
Pages: 171
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Fifth Third Bancorp
ESG Report
The report highlights Fifth Third Bancorp's achievement of carbon neutrality for its operations in 2020, becoming the first regional commercial bank to do so. The company successfully completed its five-year, $32 billion Community Commitment, ultimately delivering $41.6 billion to support low- and moderate-income communities. Significant focus was placed on the Accelerating Racial Equality, Equity and Inclusion (AREEI) initiative, featuring a $2.8 billion commitment over three years. Additionally, the bank provided $7.4 billion in Paycheck Protection Program loans to support small businesses during the COVID-19 pandemic. The report also details progress toward six bold inclusion and diversity goals and an $8 billion sustainable finance target.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Jun 1, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees