Fifth Third Bancorp 2022 SR
The report details Fifth Third Bancorp's progress in its sustainability journey during 2022, highlighting the achievement of its initial five-year operational sustainability goals. The company announced a new $100 billion environmental and social finance target through 2030 and reported $2.7 billion in progress toward its $2.8 billion Accelerating Racial Equality, Equity and Inclusion (AREEI) initiative. Key environmental milestones include maintaining carbon neutrality for operations since 2020 and acquiring Dividend Finance to expand residential solar lending. The bank also received an "Outstanding" Community Reinvestment Act rating and was recognized as one of the World's Most Ethical Companies for the fourth time.
Company: Fifth Third Bancorp
Sector: Financials
Country: United States
Year: 2022
Type: SR
Pages: 112
Fifth Third Bancorp
The report details Fifth Third Bancorp's progress in its sustainability journey during 2022, highlighting the achievement of its initial five-year operational sustainability goals. The company announced a new $100 billion environmental and social finance target through 2030 and reported $2.7 billion in progress toward its $2.8 billion Accelerating Racial Equality, Equity and Inclusion (AREEI) initiative. Key environmental milestones include maintaining carbon neutrality for operations since 2020 and acquiring Dividend Finance to expand residential solar lending. The bank also received an "Outstanding" Community Reinvestment Act rating and was recognized as one of the World's Most Ethical Companies for the fourth time.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women in Management
Employees