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Fifth Third Bancorp

Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
25,980
Ticker
FITB
Exchange
New York Stock Exchange
Website
www.53.com
Description
Fifth Third Bancorp is a U.S. financial holding company headquartered in Cincinnati, Ohio, serving retail, commercial, and institutional clients through a diversified banking platform. The company ope...

Fifth Third Bancorp's GHG Emissions Data Preview

In 2025, Fifth Third Bancorp completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Fifth Third Bancorp has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
11,066a
9,449b
9,859b
Total Scope 2
Market-Based
0a
0b
0b
Location-Based
49,243a
51,413b
60,284b
Total Scope 3
14,388,879a
209,685b
289,679b
Total Scope 1 Revenue Intensity (tCO2e/$M)
1.2545a
1.1449b
1.1723b
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Verified Sources Behind Fifth Third Bancorp’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Fifth Third Bancorp's Verification report 2025
b. Fifth Third Bancorp's Sustainability Report 2024
c. Fifth Third Bancorp's Sustainability Report 2023

Insights into Fifth Third Bancorp's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Fifth Third Bancorp amounted to 60,309 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Fifth Third Bancorp decreased by 0.91%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Fifth Third Bancorp's Scope 1 Emissions Over Time

201920202021202220232024202503.5 k7 k10.5 k14 ktCO2e-2%-4%-7%-15%-4%+17%
  • Total Scope 1
  • Year-over-Year Change

What are Fifth Third Bancorp's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Fifth Third Bancorp were 11,066 metric tons of CO₂ equivalent (tCO₂e).a

Has Fifth Third Bancorp reduced its Scope 1 emissions over time?

Since 2019, Fifth Third Bancorp's Scope 1 emissions have decreased by 16.37%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year (2024), Fifth Third Bancorp's Scope 1 emissions increased by 17.11%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Fifth Third Bancorp's Scope 2 emissions?

In 2025, Fifth Third Bancorp reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 49,243 tCO₂e using the location-based method.a

Has Fifth Third Bancorp reduced its Scope 2 emissions over time?

Since 2019, Fifth Third Bancorp's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 37.99%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year (2024), Fifth Third Bancorp's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Fifth Third Bancorp's emissions have plateaued with no significant change in its energy consumption footprint.ab

What methodology does Fifth Third Bancorp use for Scope 2 reporting?

In 2025, Fifth Third Bancorp reported its Scope 2 emissions using the market-based method and using the location-based method.a

Fifth Third Bancorp's Scope 2 Emissions Over Time

2019202020212022202320242025020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Fifth Third Bancorp's Value Chain Emissions

In 2025, Fifth Third Bancorp reported 14,388,879 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Fifth Third Bancorp includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Fifth Third Bancorp's Scope 3 Emissions Over Time

201920202021202220232024202504 M8 M12 M16 MtCO2e-68%+10186%-27%-3%-28%+6762%
  • Total Scope 3
  • Year-over-Year Change

What are Fifth Third Bancorp's Scope 3 emissions?

In 2025, Fifth Third Bancorp reported total Scope 3 emissions of 14,388,879 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 1.56% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.44% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Fifth Third Bancorp reduced its Scope 3 emissions over time?

Since 2019, Fifth Third Bancorp's Scope 3 emissions have increased by 117,159.22%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2024), Fifth Third Bancorp's Scope 3 emissions increased by 6,762.14%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Fifth Third Bancorp disclose?

In 2025, Fifth Third Bancorp reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Fifth Third Bancorp's Scope 3 emissions?

In 2025, the largest contributors to Fifth Third Bancorp's Scope 3 emissions were:a

  • Investments (Cat. 15): 14,163,351 tCO₂e (98.43%)
  • Purchased Goods and Services (Cat. 1): 134,766 tCO₂e (0.94%)
  • Capital Goods (Cat. 2): 42,287 tCO₂e (0.29%)

Fifth Third Bancorp's Scope 3 Emissions by Categories

Investments(Cat. 15)(98.4%)

Insights into Fifth Third Bancorp’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Fifth Third Bancorp reported Scope 1 greenhouse gas (GHG) emissions of 11,066 tCO₂e and total revenues of USD 8,821 millions. This translates into an emissions intensity of 1.25 tCO₂e per millions USD.a

Fifth Third Bancorp's Scope 1 Emissions Intensity Compared to Peers

1005002,00020,000100,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)BannerYear: 2024Scope 1: 1,190 tCO2eRevenue: $M 609Scope 1 Intensity: 1.96 tCO2e/$MPacific Premier BancorpYear: 2023Scope 1: 514 tCO2eRevenue: $M 409Scope 1 Intensity: 1.26 tCO2e/$MBancorpYear: 2023Scope 1: 304 tCO2eRevenue: $M 466Scope 1 Intensity: 0.65 tCO2e/$MFirst Financial BancorpYear: 2024Scope 1: 1,812 tCO2eRevenue: $M 836Scope 1 Intensity: 2.17 tCO2e/$MAssociated Banc-CorpYear: 2024Scope 1: 3,558 tCO2eRevenue: $M 1,029Scope 1 Intensity: 3.46 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MFlagstar BankYear: 2024Scope 1: 3,767 tCO2eRevenue: $M 2,584Scope 1 Intensity: 1.46 tCO2e/$MUnited BanksharesYear: 2023Scope 1: 1,959 tCO2eRevenue: $M 1,047Scope 1 Intensity: 1.87 tCO2e/$MSynovus FinancialYear: 2024Scope 1: 3,240 tCO2eRevenue: $M 1,980Scope 1 Intensity: 1.64 tCO2e/$MColumbia Banking SystemYear: 2024Scope 1: 4,978 tCO2eRevenue: $M 1,929Scope 1 Intensity: 2.58 tCO2e/$MZions BancorporationYear: 2024Scope 1: 2,845 tCO2eRevenue: $M 3,130Scope 1 Intensity: 0.91 tCO2e/$MWintrust FinancialYear: 2024Scope 1: 2,900 tCO2eRevenue: $M 2,451Scope 1 Intensity: 1.18 tCO2e/$MComericaYear: 2024Scope 1: 5,391 tCO2eRevenue: $M 3,244Scope 1 Intensity: 1.66 tCO2e/$MFirst HorizonYear: 2024Scope 1: 3,710 tCO2eRevenue: $M 3,096Scope 1 Intensity: 1.20 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MUS BancorpYear: 2025Scope 1: 35,460 tCO2eRevenue: $M 28,539Scope 1 Intensity: 1.24 tCO2e/$MPNC Financial Services GroupYear: 2025Scope 1: 30,388 tCO2eRevenue: $M 23,077Scope 1 Intensity: 1.32 tCO2e/$MTruist FinancialYear: 2024Scope 1: 13,382 tCO2eRevenue: $M 13,278Scope 1 Intensity: 1.01 tCO2e/$MFirst Republic BankYear: 2021Scope 1: 3,000 tCO2eRevenue: $M 4,960Scope 1 Intensity: 0.60 tCO2e/$MKeyCorpYear: 2024Scope 1: 9,236 tCO2eRevenue: $M 4,393Scope 1 Intensity: 2.10 tCO2e/$MRegions FinancialYear: 2025Scope 1: 12,928 tCO2eRevenue: $M 7,526Scope 1 Intensity: 1.72 tCO2e/$MCitizens Financial GroupYear: 2024Scope 1: 9,552 tCO2eRevenue: $M 7,794Scope 1 Intensity: 1.23 tCO2e/$MM&T BankYear: 2024Scope 1: 17,889 tCO2eRevenue: $M 9,231Scope 1 Intensity: 1.94 tCO2e/$MHuntington BancsharesYear: 2024Scope 1: 19,134 tCO2eRevenue: $M 7,385Scope 1 Intensity: 2.59 tCO2e/$MFifth Third BancorpYear: 2025Scope 1: 11,066 tCO2eRevenue: $M 8,821Scope 1 Intensity: 1.25 tCO2e/$M

How does Fifth Third Bancorp's GHG emissions intensity compare to its peers?

In 2025, Fifth Third Bancorp reported a Scope 1 emissions intensity of 1.25 tCO₂e per millions USD. Compared to the peer group median of 1.47, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Fifth Third Bancorp rank on GHG emissions intensity within its industry?

In 2025, Fifth Third Bancorp ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Fifth Third Bancorp is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Fifth Third Bancorp's Total Carbon Footprint

In 2025, Fifth Third Bancorp reported a total carbon footprint of 14,449,188 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5,240.73% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Fifth Third Bancorp's total carbon footprint was Scope 3 emissions, accounting for 99.58% of the company's total carbon footprint, followed by Scope 2 emissions at 0.34%.a

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