In 2014, the Fifth Third Bancorp Board of Directors formally adopted an environmental sustainability policy.
Available in full on 53.com, the policy seeks to demonstrate to employees, customers and stakeholders that we understand the environmental challenges facing the planet, and that we are working to address the risks and opportunities in ways that will create long-term value for Fifth Third and strengthen the communities where our customers and employees live and work.
The environmental sustainability program has worked to make environmental awareness part of doing business at Fifth Third.
In 2014, we provided financing for roughly 30 projects constructed by Strata Solar.
Since 2012, we have financed nearly 70 utility-scale solar projects in three states with the Chapel Hill, North Carolina developer, which has helped bring more than 450 megawatts of solar power projects online.
Fifth Third Capital Holdings, Fifth Third’s Private Equity Group, also helped finance the growth of Rubicon Global, a sustainable waste and recycling solutions provider.
Rubicon Global Co-founder and CEO Nate Morris said, “We are incredibly grateful for Fifth Third’s belief in our vision to transform the waste and recycling industry.”