CINCINNATI, September 23, 2022 /3BL Media/ - As National Drive Electric Week approaches, Fifth Third today announced the installation of 20 new electric vehicle charging units at its Madisonville Operations Center parking garage in Cincinnati. The charging stations are now providing more than 4,000 employees—approximately 20% of Fifth Third’s total employee base—with the ability to charge electric vehicles. Fifth Third, which is headquartered in Cincinnati, has been growing its electric vehicle charging program since 2020.
Fifth Third believes that inclusion and diversity are essential to living our core values; serving our customers; delivering financial performance; and being recognized as a leader in building an engaging workplace, a strong supplier base and vibrant communities.
Advancing Inclusion and Diversity Begins with Our Employees
Groundbreaking Program from The Knoble Network Combines Resources from the Private and Public Sectors to Disable Child Predators
ATLANTA, September 19, 2022 /3BL Media/ -The Knoble™ Network, a non-profit network of financial crime and fintech professionals that assists vulnerable people around the world, today announced results from its first phase of Project Umbra — an initiative that brings together financial institutions, solution providers, regulators, non-profits and law enforcement in the fight against online child sexual exploitation (OCSE).
ElectriFi Brings Passion for Renewable Energy and Interactive Art to Fountain Square October 13 - 16, 2022
CINCINNATI, September 15, 2022 /3BL Media/ - BLINK, the nation’s largest outdoor light and art experience known for its immersive components, returns for the first time since 2019 to showcase a diverse lineup of talent in October including an exciting exhibit from Fifth Third Bank.
Financing to support construction of two of Greenbacker’s largest solar farms
NEW YORK, September 15, 2022 /3BL Media/ - Greenbacker Renewable Energy Company LLC (“GREC” or “Greenbacker”), a leading green energy investment company and independent power producer, has entered into a senior credit agreement of $186.2 million with KeyBank N.A. and Fifth Third Bank. KeyBank served as administrative agent for the lenders, and KeyBanc Capital Markets and Fifth Third Bank, National Association served as joint lead arrangers.
Fifth Third recognizes the importance of the transition to renewable energy and has been increasing its use of renewable power since 2010. In the early days of our renewable energy strategy, Fifth Third purchased renewable energy certificates, known as RECs, to offset our energy consumption. In 2017, Fifth Third set a goal to purchase 100% renewable power, a goal we achieved in 2019 with the opening of the 80 MWac/120 MWdc Aulander Holloman solar facility. This project was facilitated through a virtual power purchase agreement signed by the Bank.
Fifth Third has been carbon neutral for our operations** since 2020. This was made possible through our combined efforts to reduce our own environmental footprint through efficiency investments and other projects, and by purchasing verified carbon offsets and renewable power, which began in 2020.
Operational sustainability, the reduction of Fifth Third’s environmental and carbon footprint, has been key to our environmental sustainability program since its inception in 2010.
In addressing our own environmental impact, we better prepare our organization for future changes by reducing our exposure and risk to decarbonization, energy market volatility and potential carbon pricing scenarios.