Fifth Third Bancorp 2023 SR
The report details Fifth Third Bancorp's progress toward its $100 billion environmental and social finance target, having delivered $37.6 billion through 2023. Key highlights include achieving a 45% reduction in energy use and maintaining 100% renewable power for operations. The company surpassed its $2.8 billion commitment to racial equality, equity, and inclusion, delivering $3.7 billion over three years. Additionally, the bank launched its first financed emissions disclosure and expanded its special purpose credit programs to support affordable housing and homeownership in underserved communities.
Company: Fifth Third Bancorp
Sector: Financials
Country: United States
Year: 2023
Type: SR
Pages: 121
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Fifth Third Bancorp
Sustainability Report
The report details Fifth Third Bancorp's progress toward its $100 billion environmental and social finance target, having delivered $37.6 billion through 2023. Key highlights include achieving a 45% reduction in energy use and maintaining 100% renewable power for operations. The company surpassed its $2.8 billion commitment to racial equality, equity, and inclusion, delivering $3.7 billion over three years. Additionally, the bank launched its first financed emissions disclosure and expanded its special purpose credit programs to support affordable housing and homeownership in underserved communities.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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 on Board
Women in Management
Employees