Fifth Third Bancorp
Fifth Third Bancorp's Climate Target Data Preview
As of 2024, Fifth Third Bancorp has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Fifth Third Bancorp ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 2030 |
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Verified Sources Behind Fifth Third Bancorp’s Climate Targets Data
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Insights into Fifth Third Bancorp's Greenhouse Gas Emissions Pathways
As of 2024, Fifth Third Bancorp has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a b
Does Fifth Third Bancorp have a target to reduce the emissions from its operations?
As of 2024, Fifth Third Bancorp has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b
Fifth Third Bancorp's most ambitious operational target is to reduce these emissions by 75% by 2030, compared to a baseline of 152,847 Metric Tonnes of CO2 equivalent (mtCO2e) in 2014. a b
As of 2024, Fifth Third Bancorp is ahead of schedule on its operational emissions reduction target, having achieved 80% of the planned reduction. a b