Submitted by Fifth Third Bancorp
Fifth Third Bank, National Association, a recognized leader in environmental sustainability, today announced that it has completed solar panel installations at five of its financial centers in Florida.
The installations mark the first time that Fifth Third has added solar panels to its own properties.
The installations further Fifth Third’s commitment to sustainability by reducing its environmental footprint and location-based greenhouse gas emissions. The Bank had already achieved its 2017 goal to purchase 100% renewable power through a long-term virtual purchase agreement since the opening of an 80-megawatt solar facility in North Carolina in 2019.
The installations were led by SEM Power, a veteran-owned business headquartered in Tampa, Florida. Together the five locations are expected to generate more than 200,000 kilowatt hours of renewable power annually (covering more than 80% of annual electric needs at some locations).
The financial centers include:
“These solar installations will grow the amount of renewable power on the Florida power grid and take another step in our climate journey,” said Jeremy Faust, director of operational sustainability at Fifth Third Bank. “We are grateful for the collaboration with SEM Power and to be able to make this sustainable enhancement to five of our Florida locations on behalf of the people we serve in the Sunshine State and beyond.”
“SEM Power is proud and honored to provide solar power for Fifth Third Bank on its branches in Florida,” said Scott McIntyre, Commercial division senior vice president, SEM Power. “We salute the Bank for its commitment to continually lower its carbon footprint and increase its use of renewable power.”
A leader in environmental sustainability, Fifth Third has a $100 billion environmental and social finance target and bold operational sustainability goals to be achieved through 2030. Through Dividend Finance, the Bank is a national market leader for sustainable home improvement products and services for consumers.
About Fifth Third Bank
Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.
Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.” Investor information and press releases can be viewed at www.53.com.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of Dec. 31, 2021, Fifth Third had $211 billion in assets and operated 1,117 full-service banking centers and 2,322 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to approximately 54,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the Nasdaq® Global Select Market under the symbol “FITB.” Fifth Third Bank was established in 1858. Deposit and Credit products are offered by Fifth Third Bank, National Association. Member FDIC.
Fifth Third’s Purpose is to improve lives and the well-being of its communities by being the One Bank people most value and trust. The Company believes in doing well by doing good and delivering long-term sustainable value to all its stakeholders. Fifth Third is focused on five environmental, social and governance priorities: keeping the customer at the center, demonstrating its commitment to employees, strengthening its communities, promoting inclusion and diversity, and addressing climate change.
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