Items Tagged with "Fifth Third Bancorp"

Fifth Third Bancorp hits 100% RE with a single project

Fifth Third Bancorp has become the first Fortune 500 company and first bank to sign a PPA to reach 100% RE with a single project. With this agreement, Fifth Third also becomes the first publicly-traded company to commit to purchase 100 percent renewable energy through solar power alone. The company Read More...

Fifth Third seeks to reach $8 billion in sustainable financing by 2025

Fifth Third Bancorp announced Sept. 23 their new target of achieving $8 billion in sustainable financing by 2025.The financial services company plans for these investments to include lending commitments and financing for renewable energy projects like solar, wind, geothermal, biomass and hydropower. Read More...

Fifth Third Bank Shares ESG Progress

Fifth Third Bancorp announced a series of milestones and goals with the publication of its 2020 Environmental, Social and Governance Report. Key environmental and social highlights include:First regional U.S. commercial bank to achieve carbon neutrality for its Scope 1, Scope 2, and Scope 3 bus Read More...

Fifth Third Issues First $500 Million Green Bond

Fifth Third Bancorp settled the issuance of its first green bond for $500 million and will use the proceeds to fund green projects such as renewable energy and energy efficiency. The Cincinnati-based bank said it is the first U.S. financial institution with assets under $250 billion to issue an Read More...