Fifth Third Bank

From the Fifth Third 2020 ESG Report: Responsible Banking

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Fifth Third Bank is focused on delivering best-in-class financial products and services and providing access to those services whenever and wherever consumers want them. In the Responsible Banking section of the Bank’s 2020 Environmental, Social and Governance Report, Fifth Third speaks to its responsibility for ensuring its products and services are accessible to all consumers, in all markets, and that the right types of responsible products and services are offered.

Fifth Third Celebrates Finance Academy Impact; Awards Student Scholarship at Illinois High School

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Fifth Third Bank and EVERFI celebrated the students of Guilford High School in Rockford, Illinois, on May 25, 2021. The two companies recognized the progress and success of 388 Guilford students who took Fifth Third Finance Academy courses. At the event, Fifth Third Bank Chicago Regional President Mark Hoppe announced the first winner of the Fifth Third Spring Scholarship contest, for which there were over 1,600 entries. The winner of the $2,500 scholarship was Kenia Castaneda-Benavides, pictured with her teacher, Ms.

From the Fifth Third Bank 2020 ESG Report: Awards and Accolades

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Fifth Third Bancorp (NASDAQ: FITB) recently published its 2020 Environmental, Social and Governance Report. Within the report, the Bank presented recognition it earned as result of its commitment to “do well by doing good.”

Fifth Third earned the following honors from Jan. 1, 2020 through June 30, 2021, unless otherwise noted in the 2020 ESG Report:

From the Fifth Third 2020 ESG Report: ESG Actions

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Fifth Third reported the following ESG actions in its 2020 ESG Report (please see report online for full disclosures):

Ensuring Economic Growth

From the Fifth Third 2020 ESG Report: Alignment to United Nations Goals

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The United Nations Sustainable Development Goals are a universal call to action to end poverty, protect the planet and improve the lives and prospects of everyone, everywhere. The 17 goals were adopted by all UN member states in 2015 as part of the 2030 Agenda for Sustainable Development, which set out a 15-year plan to achieve the goals.

Fifth Third believes it has a role to play in all 17 UN goals. However, the Bank has identified 12 that align especially well with its ESG priorities and has formulated strategies and actions to make progress on these 12 goals:

From the Fifth Third 2020 ESG Report: Materiality Assessment

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Fifth Third Bancorp recently published its 2020 ESG Report. In it, the Bank detailed the results of its comprehensive materiality assessment. 

Based on the feedback received, the following topics were evaluated and prioritized according to their relative degree of importance. It is of note that all the topics listed are important to Fifth Third. The results of the materiality assessment was used to guide ESG disclosures and reporting. 

HIGHEST PRIORITY:

From the Fifth Third 2020 ESG Report: The Bank's Approach to ESG

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Fifth Third’s approach to ESG is focused on doing well by doing good. The Bank is focused on generating long-term sustainable value for our stakeholders, including shareholders, customers, employees, communities and regulators.

Fifth Third 2020 ESG Report: A Message from the Chairman & CEO

By Greg D. Carmichael | Chairman & CEO
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It’s an honor to publish Fifth Third’s second annual Environmental, Social and Governance Report for our stakeholders. It’s an opportunity to discuss the progress of our ESG efforts as well as to demonstrate the multiple ways we live our purpose to improve the lives of our customers and the wellbeing of our communities.

Fifth Third Publishes 2020 Environmental, Social and Governance Report

Report demonstrates how Fifth Third lives its purpose and affirms commitment to customers, communities, employees, shareholders and regulators
Press Release

CINCINNATI, June 30, 2021 /3BL Media/ – Fifth Third Bancorp (Nasdaq: FITB) today published its 2020 Environmental, Social and Governance Report, highlighting its commitment to doing well by doing good. The 2020 report further describes actions taken to generate long-term sustainable value for all Fifth Third stakeholders. It follows Fifth Third’s inaugural report, published in September 2020.  

In Case You Missed It: Fifth Third Invests $1 Million into National Urban League Workforce Development Program

Collaborative effort to assist individuals in eight cities earn livable wage
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Earlier this week, Fifth Third Bank, National Association, and the National Urban League announced a new workforce development program that will provide career advancement opportunities through providing upskilling and re-skilling services to under-employed participants over the course of the next two years. This $1 million investment from the Fifth Third Foundation will help individuals across eight selected affiliate Urban League organizations gain meaningful employment and earn a livable wage.

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