In 2023, Fifth Third Bancorp conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Waste Recovered | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Hazardous Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-Hazardous Waste Disposed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.
In 2023, Fifth Third Bancorp generated a total of 9,967 metric tonnes of waste.
Of this amount, 48.18% of Fifth Third Bancorp's total waste generated was recovered through methods such as recycling, reuse, or composting, while 51.82% was disposed of through landfilling, incineration, or combustion.
In 2023, Fifth Third Bancorp reported a total waste generation of 9,967 metric tonnes, of which 48.18% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Fifth Third Bancorp is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.
Since 2019, Fifth Third Bancorp's total waste generation remained relatively flat, but fell by 5.61% in 2023 , which may reflect the beginning of a downward trend in material intensity or waste generation.
Over the same period, Fifth Third Bancorp's waste recovery rate declined by 5.93%, with a further 12.26% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.
Overall, Fifth Third Bancorp’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.