Establishes Sustainability Office and Appoints Mike Faillo as Chief Sustainability Officer
Press Release
CINCINNATI, May 9, 2022 /3BL Media/ - Fifth Third today announced six new operational sustainability targets to be achieved by 2030. These targets build upon the Bank’s initial five goals set in 2017, which established the foundation for Fifth Third to reduce the environmental impact in its own operations. The 2017 goals were to purchase 100% renewable power and to reduce its energy use, greenhouse gas emissions, water use and waste sent to landfills by 2022.
Fifth Third’s new and enhanced operational sustainability targets for 2030 are:
Customers, employees tackle food insecurity one community at a time through Fifth Third Day XXXI initiative
Press Release
CINCINNATI, May 3, 2022 /3BL Media/ – More than 19,000 employees at Fifth Third Bank, National Association, will celebrate Fifth Third Day by helping to provide 5.3 million meals in May to people facing food insecurity. The meals will be donated to various hunger relief organizations across the Bank’s 11-state retail footprint in honor of the companywide community celebration on May 3. The Bank recognizes that date, 5/3 on the calendar, as Fifth Third Day.
Fifth Third Bank is proud of the positive impact that its Finance Academy has on students’ lives. This school year, Fifth Third is awarding 28 high school students with a $2,500 college savings gift card as part of its annual Fifth Third Finance Academy scholarship contest at eligible schools. Finance Academy teaches foundation financial education and entrepreneurships at high schools throughout the Bank’s footprint, 50% of which are classified as low- and moderate-income.
CINCINNATI, April 27, 2022 /3BL Media/ - Fifth Third Bank, National Association, has been named to the Forbes list of Best Employers for Diversity 2022. This is the Bank’s third year being recognized with the honor presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.
In honor of Earth Day on April 22, Fifth Third provided an update on its five operational environmental sustainability goals. The Bank continues to work to reduce its impacts on the environment and achieve its goals. To date, Fifth Third exceeded four of the five goals, and will continue to set more aggressive targets.
As Women’s History Month comes to an end, Fifth Third Bank, N.A., the Harriet Beecher Stowe House and Cincinnati Parks are working together to dedicate and celebrate three new historic markers on the National Votes for Women Trail. The markers will be placed near Fifth Third’s headquarters, on Fountain Square, at the top of the Elsinore Steps near the Cincinnati Art Museum and in Walnut Hills in front of the Giminetti Baking Co. building, one block south of the Harriet Beecher Stowe House, which are all prominent locations in Cincinnati, OH.
Fifth Third Bank was named a 2021 Most Outstanding Partner by Hamilton County R3Source, a division of the Hamilton County Department of Environmental Services in Ohio, dedicated to providing recycling and waste reduction assistance to residents, communities, schools and businesses in Hamilton County, including the city of Cincinnati.
PHILADELPHIA, January 12, 2022 /3BL Media/ - The Risk Management Association (RMA) announced today that 19 leading banks have formed the RMA Climate Risk Consortium (“The Consortium”), which will develop standards for banks to integrate climate risk management throughout their operations, preparing the industry to help economies transition to a low-carbon future.
CINCINNATI, December 23, 2021 /3BL Media/ - Eight private family foundations in The Foundation Office at Fifth Third Bank, National Association, have announced grants of more than $5.2 million in 2021. Grants were awarded to organizations that focus on education, arts and culture, civic and community programs, health and human services, and community reinvestment activities that benefit low- to moderate-income earners, small businesses, affordable housing, financial literacy and workforce development efforts.
December 22, 2021 /3BL Media/ - Fifth Third recently hosted its annual Diversity Leadership Symposium in collaboration with the Cincinnati USA Regional Chamber. The event is the largest annual gathering of business leaders in Greater Cincinnati to explore diversity, equity and inclusion.