Distributed Energy Resources, GHG Emissions, Industrial  -  November 13, 2024

Fifth Third Bank Deploys EV Charging

Fifth Third Bank continued its clean energy progress by introducing hyper-fast electric vehicle (EV) chargers for the first time at one of its banking centers. 

The bank is making six hyper-fast charging stations publicly available at its eTown location in Jacksonville, Florida, to better serve current EV owners and those considering transitioning to an EV.

Through a collaboration with Electrify America, a hyper-fast charging network in the U.S., EV drivers can charge at the new eTown station and manage their fast-charging plan through Electrify America’s industry-leading mobile app. 

In addition to the hyper-fast chargers, Fifth Third offers 72 EV charging ports across its footprint. Fifth Third also continues to expand its solar capacity across new branches. Fifth Third’s eTown location will be one of more than 25 branches now powered by solar, with plans to more than double that amount in the next year. Fifth Third continues to open new locations across the Southeast in the Carolinas, Tennessee, Georgia and Florida.

“We’re thrilled to be offering the convenience of rapid charging at eTown to meet the demands of our customers who drive electric,” said Thomas Neltner, director of enterprise workplace services and chief security officer for Fifth Third, in a statement.

Since 2019 Fifth Third has purchased 100% renewable power, which started as a result of a virtual power purchase agreement that launched the 80-MW Aulander Holloman solar facility in North Carolina. In 2023, solar power generation from the facility was more than 190,000 megawatt hours.

As part of the bank’s commitment to provide transparency and data aligned to industry standards for all its stakeholders, Fifth Third has published its sustainability data in its 2023 Sustainability Report, which aligns with the GRI Index, the SASB standards, and the Stakeholder Capitalism Metrics index.

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