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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 Waste Data Preview

In 2024, 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)2024202320222021-2019
Total Waste Generated
11,927a
15,060a
11,065a
Total Waste Recovered
7,007a
9,908a
6,392a
Total Hazardous Waste Generated
N/AN/AN/A
Non-Hazardous Waste Disposed
4,306a
4,409a
4,355a
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Verified Sources Behind Fifth Third Bancorp’s Waste Management 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 Sustainability Report 2024

Insights into Fifth Third Bancorp's Waste Treatment Practices

In 2024, Fifth Third Bancorp generated a total of 11,927metric tonnes of waste.a

Of this amount, 58.75% of Fifth Third Bancorp's total waste generated was recovered through methods such as recycling, reuse, or composting, while 41.25% was disposed of through landfilling, incineration, or combustion.a

Fifth Third Bancorp's Waste Recovery Rate

59%

How much of Fifth Third Bancorp's waste is recycled or recovered?

In 2024, Fifth Third Bancorp reported a total waste generation of 11,927 metric tonnes, of which 58.75% 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.a

Has Fifth Third Bancorp reduced its environmental waste footprint over time?

Since 2021, Fifth Third Bancorp's total waste generation decreased by 22.46%, including a further 20.8% drop in 2024, highlighting a consistent and deliberate reduction in waste production over time.a

Over the same period, Fifth Third Bancorp's waste recovery rate declined by 7.44%, with a further 10.7% drop in 2024, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a

Overall, while Fifth Third Bancorp has successfully reduced its total waste generation, its waste recovery efforts have also declined. This pattern could suggest a shift in strategy away from circular treatment methods or a lag in recovery infrastructure development.

Fifth Third Bancorp’s Waste Recovery vs. Disposal Over Time

202120222023202404 k8 k12 k16 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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