After achieving our $8 billion renewable energy goal, Fifth Third expanded our aim in 2022 and announced a 10-year, $100 billion environmental and social finance target through 2030. The new target continues our commitment to accelerating the transition to and support for more sustainable and inclusive growth.
Fifth Third has an Environmental & Social Finance Framework that is intended to provide our stakeholders clarity regarding our criteria for determining what services are eligible and the value of transactions toward our 2030 target. The framework establishes a consistent and comprehensive methodology for the classification and reporting of financial products and services as sustainable.