SOURCE: Fifth Third Bancorp
DESCRIPTION:
Fifth Third Bank CEO Greg Carmichael has honored as Responsible CEO of the Year for Community Impact by 3BL Media. Awards were announced Oct. 25 and recognize corporate executives who embody bold, innovative leadership in delivering on environmental, social and governance (ESG) commitments—and this year’s honorees demonstrated a commitment to ESG, worldwide and community impact, transparency, and brands taking stands leadership.
Driven by Carmichael’s leadership and vision, Fifth Third Bank in 2016 made a five-year commitment to invest $32 billion in the communities it serves. Five years later, the Bank exceeded that commitment by 30% by delivering $41.6 billion to support mortgage lending, small business lending and community development loans and investments. Additionally, the Bank leads in the transition to a sustainable future by achieving carbon neutrality for its own operations in 2020, setting bold environmental goals, including $8 billion in sustainable financing by 2025, and joining the Partnership for Carbon Accounting Financials (PCAF) and Ceres Network. In 2020, the Bank committed to a $2.8 billion Accelerating Racial Equality, Equity and Inclusion initiative.
Congratulations to Greg Carmichael for the 2021 Responsible CEO of the Year for Community Impact for his exceptional leadership and dedication to Fifth Third Bank's significant impact on the communities it serves.
KEYWORDS: NASDAQ: FITB, Fifth Third Bank, Greg Carmichael, responsible CEO of the year
