Fifth Third Bancorp, often referred to simply as Fifth Third, is a prominent financial services company headquartered in the United States. Established in 1858, the bank has evolved into a key player in the banking industry, primarily serving the Midwest and Southeast regions. With a diverse portfolio that includes commercial banking, consumer banking, and wealth management, Fifth Third is known for its innovative financial solutions tailored to meet the needs of both individuals and businesses. The bank's core offerings, such as personal loans, mortgages, and investment services, are distinguished by a commitment to customer service and technological advancement. Fifth Third Bancorp has achieved notable milestones, including its recognition as one of the largest banks in the U.S. by assets, reflecting its strong market position and dedication to growth.
How does Fifth Third Bancorp's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Fifth Third Bancorp's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fifth Third Bancorp, headquartered in the US, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. As a result, there is no information on their scope of emissions (Scope 1, 2, or 3) or any significant achievements in carbon reduction. Without specific data or commitments, it is unclear how Fifth Third Bancorp is addressing climate change or its carbon footprint. In the absence of concrete emissions data and reduction initiatives, it is essential for the bank to consider developing a comprehensive climate strategy to align with industry standards and expectations for corporate sustainability.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fifth Third Bancorp is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.