Fifth Third Bank

Sustainability Report and Carbon Intensity Rankings

Is Fifth Third Bank doing their part?

Their DitchCarbon score is 59

Fifth Third Bank has a DitchCarbon Score of 59 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the bank’s carbon intensity, which is a measure of the greenhouse gases emitted relative to its activity. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Fifth Third Bank operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Fifth Third Bank operates in the United States, a region with a low carbon intensity rating. This favorable environmental context supports the bank’s sustainability efforts by reducing the carbon footprint associated with its operations.
8.17%

...this company is doing 8.17% better in emissions than the industry average.

Fifth Third Bank, founded in 1858, is a financial institution headquartered in Cincinnati, Ohio. Operating within the US finance sector, it offers a range of banking and financial services to its customers. The bank is committed to affirmative action and equal opportunity employment, serving the community with a focus on innovation and customer commitment.

Bad news, Fifth Third Bank hasn't set SBTi commitments yet.

Fifth Third Bank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

Fifth Third Bank should undertake a comprehensive inventory of all Scope 2 emissions sources, establish reduction targets tailored to each type of purchased energy, and improve their monitoring and reporting systems to better track progress and uncover additional reduction opportunities, potentially decreasing emissions by 25%.
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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.