Key Resources:

Approach to ESG

We are focused on generating long-term sustainable value for all our stakeholders. Their input and insight ensure that our ESG actions and disclosure strategies are properly aligned so we can work together toward our common goals. Third-party recognitions, including being honored again by Ethisphere as one of the world’s most ethical companies, reinforce the impact of our ESG strategy and actions.

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To learn more about our efforts, click here for our
2020 Environmental, Social & Governance Report.

ESG Reporting Frameworks

2019 ESG

The Sustainability Accounting Standards Board (SASB), now the Value Reporting Foundation, sets sustainability disclosure standards that are industry-specific and tied to the concept of materiality to investors. The standards are intended to capture sustainability matters that are financially material—reasonably likely to have a material impact on financial performance or condition. In March 2020, Fifth Third Bank became the first U.S. commercial bank to join the SASB Alliance.

TCFD Logo

The mission of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD) is to develop voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. In 2020, Fifth Third became a TCFD supporter, furthering our commitment beyond our 2019 Climate-related Financial Disclosure Report by incorporating TCFD recommended disclosures into our ESG Report, Environmental & Social Policy and other disclosure materials.

GRI Index

Global Reporting Initiative (GRI) is an independent international organization that has pioneered sustainability reporting since 1997. GRI exists to help organizations be transparent and take responsibility for their impacts so that we can create a sustainable future. In 2020, Fifth Third became the first U.S. commercial bank to join the GRI Community.

Stakeholder Capitalism Metrics

In September 2020, the World Economic Forum’s International Business Council released the Stakeholder Capitalism Metrics (SCM) and disclosures for companies to use to align their mainstream reporting on performance against environmental, social and governance indicators and track their contributions towards the UN Sustainable Development Goals on a consistent basis.

For past ESG Reports and Frameworks, click here.