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Fifth Third Earns Recognition as ESG Leader with Third Consecutive Leadership Score from CDP

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CINCINNATI–(BUSINESS WIRE)–Fifth Third Bancorp (Nasdaq: FITB) today announced it has received a Climate Leadership score of A- from CDP for its efforts and disclosures related to climate change. Fifth Third’s A- score placed Fifth Third in the top quartile of CDP’s Financial Services Activity Group. It also makes Fifth Third the only bank in its peer group to have maintained a leadership band score for three consecutive years.

“Fifth Third is committed to being a leader in environmental sustainability and providing transparent reporting on the Bank’s transition to a low-carbon economy,” said Greg D. Carmichael, Fifth Third chairman and CEO. “Our leadership in climate strategy and reporting has again been recognized with a third-consecutive A- score from CDP. With all our stakeholders’ interests in mind, we are intensely focused on combating climate change and leading the transition to a sustainable future.”

Ateli Iyalla, managing director of CDP North America, a leading not-for-profit disclosure system, said, “Fifth Third has underscored its commitment to transparency on environmental impact, risks and opportunities. This step is critical not just for the Company’s goals, but also for its investors, customers and employees. CDP greatly values Fifth Third’s contribution to a more sustainable future.”

 

Fifth Third has been recognized as a leader by other ESG data providers, including Sustainalytics, MSCI and S&P Global. In June, Fifth Third’s Sustainalytics ESG risk rating was determined to be low risk. Recently, MSCI improved Fifth Third’s rating to A, and Fifth Third received one of the highest scores among peers in the 2021 S&P Global Corporate Sustainability Assessment.

Fifth Third was the first regional bank to publish a report based on the recommendations of the Task Force on Climate-related Financial Disclosures. Fifth Third plans to publish a second TCFD report in February to provide an update on the progress of our climate strategy, risk management and metrics.

On Nov. 1, Fifth Third Bancorp settled the issuance of its inaugural Green Bond for $500 million. The proceeds will fund green projects that align with the Company’s sustainability priorities, as outlined in the Fifth Third Bancorp Sustainable Bond Framework. With the issuance, Fifth Third became the first U.S. financial institution with less than $250 billion in assets to issue an ESG bond. Fifth Third also named its first climate risk officer in 2021 and joined the Ceres Company Network and the Partnership for Carbon Accounting Financials.

In 2020, Fifth Third became the first regional, commercial bank to achieve carbon neutrality in its operations, including greenhouse gas emissions from Bank-owned facilities and business travel. Fifth Third also set its first sustainable finance goal of $8 billion, to be achieved by 2025 and including lending and financing for renewable energy, which is defined as solar, wind, geothermal, biomass and hydropower. Fifth Third also became the first U.S. commercial bank to join the SASB Alliance and GRI Community and became a TCFD Supporter. More about Fifth Third’s efforts in environmental sustainability can be found in the 2020 Environmental, Social and Governance Report and ESG site.

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U.S. Marine Veteran Receives Refurbished Vehicle Through NABC Recycled Rides Program

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DAVIE, Fla. (FNN NEWS) — A U.S. Marine Corps veteran and his family received a life-changing gift on June 11 when they were presented with a fully refurbished vehicle through the National Auto Body Council’s (NABC) Recycled Rides® program.

The donation was made possible through a partnership between vehicle donor Allstate, repair partner Crash Champions, and several industry sponsors. The presentation took place at Crash Champions’ Davie, Florida, collision repair center.

Veteran Receives Reliable Transportation

The recipient, Sergio Hernandez, was nominated by the Wounded Warrior Project, one of the nation’s leading veterans service organizations dedicated to supporting post-9/11 veterans, active-duty service members and their families.

Hernandez and his wife received a refurbished 2018 Toyota RAV4 donated by Allstate and restored by Crash Champions technicians.

“This vehicle is beautiful, super clean, just near mint,” Hernandez said. “Reliability is a huge thing. This will take a burden off our shoulders not having to worry about maintenance or any of the issues we were having with prior vehicles. I’m truly grateful for it.”

From Military Service to Civilian Life

Hernandez served in the United States Marine Corps beginning in 2015, with assignments in South Korea, Japan and the Philippines. During his service, he suffered a back injury that required extensive therapy and rehabilitation.

After leaving the military, Hernandez used GI Bill benefits to earn a bachelor’s degree in business management. However, transportation challenges remained a significant obstacle for his growing family.

With a non-operational vehicle and mounting repair costs, reliable transportation had become a pressing need. The donated vehicle will help Hernandez commute to work, attend family appointments and provide safe transportation for his wife and two young children.


Industry Partners Make a Difference

Allstate has donated more than 300 vehicles through the NABC Recycled Rides® program, making it one of the program’s largest vehicle donors.

Crash Champions has also played a major role, gifting more than 250 vehicles to individuals and organizations in need through the initiative.

Additional partners supporting the donation included Enterprise, Tire Kingdom, AutoZone, J&A Auto Restore, ATE, Advanced Remarketing Services, Copart and Cars for Charity.

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Orlando Regional REALTOR Association Event Highlights Orange County Growth, Housing Trends and Economic Outlook

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Credit ORRA: Maria Henson — Senior Director of Market Research & Insights, Visit Orlando

ORLANDO, Fla. (FNN) — The Orlando Regional REALTOR Association (ORRA) hosted its second annual State of Real Estate event for Orange County on April 17, bringing together industry professionals, policymakers and community leaders to examine the region’s housing market and economic outlook.

Held at ORRA’s headquarters in Orlando, the event focused on the evolving dynamics of residential and commercial real estate across Central Florida. Discussions centered on housing affordability, economic growth and long-term regional development.

Speakers and Panelists

  • Lawrence Yun — Chief Economist, National Association of REALTORS
  • Maria Henson — Senior Director of Market Research & Insights, Visit Orlando
  • Racquel Asa — Head of External Affairs, Central Florida Expressway Authority
  • Amy Mercado — Property Appraiser, Orange County
  • Chris Atwell — Moderator, 2026 ORRA President

Industry experts said Central Florida’s economy continues to grow, though at a more measured pace. While housing and stock market wealth remain near record highs, job growth is softening, consumer sentiment has declined and loan defaults are rising — creating a market shaped by mixed signals.

Panelists noted the housing market has shifted into a more stable phase compared to the rapid growth seen during 2020 and 2021, with more balance and sustainable conditions.

Despite short-term fluctuations, long-term fundamentals remain strong. Orange County’s tax base has grown significantly since 2023, while the broader Central Florida region has experienced a 23% population increase over the past decade, with more than 1,200 people moving to the area each week.

Infrastructure and tourism were also highlighted as key drivers of future growth. Officials pointed to major roadway investments by the Central Florida Expressway Authority and the region’s continued strength as a tourism hub, drawing more than 75 million visitors in 2024.

“We’re operating in a global economy where interest rates, supply chains and migration policies all influence what happens at the local level,” said ORRA CEO Cliff Long.

 

Economic Trends Show Mixed Signals
Experts emphasized that strong asset values are being offset by softer job growth and declining consumer confidence.

Housing Market Enters Stable Phase
The market has transitioned from pandemic-driven volatility to a more balanced and sustainable pace.

Growth, Infrastructure and Tourism Drive Future
Population growth, infrastructure investment and tourism continue to support long-term expansion in Central Florida.

ORRA’s Impact and Benefits on the Real Estate Industry

The Orlando Regional REALTOR Association provides critical market insights, advocacy and professional resources for REALTORS® across Central Florida. Its events foster collaboration between industry leaders, policymakers and the community, helping guide responsible growth, inform housing policy and strengthen the regional real estate market.

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Walmart’s Road to Open Call Returns to Orlando, Offering Small Businesses Access to National Retail Opportunities

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Florida National News


ORLANDO, Fla. (FNN)Walmart, in partnership with the Hispanic Chamber of Metro Orlando, will host the 2026 Walmart Road to Open Call pitch event on May 21 in Orlando, offering small businesses the opportunity to present their products directly to Walmart buyers.

The Orlando event is the only Florida stop in 2026 and is part of a nationwide initiative designed to support small business growth, expand supplier diversity and strengthen U.S. manufacturing.

OPPORTUNITY FOR SMALL BUSINESSES

The Road to Open Call serves as a pathway for entrepreneurs to connect with Walmart’s sourcing team, refine their pitches and prepare for the company’s annual Open Call event in Bentonville, Arkansas.

Applications are open through May 1 at 10 p.m. EST. A select group of applicants will be chosen to participate in the Orlando event, where each business will receive a 30-minute, one-on-one pitch meeting with a Walmart buyer, along with feedback and mentorship.

Top participants may earn a fast pass to Walmart’s annual Open Call, where they can pitch for potential placement in Walmart stores or online.

FOCUS ON U.S.-MADE PRODUCTS

Walmart’s Open Call is the company’s largest sourcing event for products made, grown or assembled in the United States. The program is open to businesses across industries, including food and beverage, beauty, safety and consumer goods.

“The Road to Open Call provides a powerful platform for small businesses to grow and scale,” said Mark Espinoza, senior director of public affairs at Walmart. “By connecting entrepreneurs directly with our sourcing teams, we’re helping bring innovative, U.S.-made products to customers while supporting American jobs and local economies.”

LOCAL IMPACT AND ECONOMIC GROWTH

Local leaders say the initiative strengthens both entrepreneurship and the regional economy.

“We are proud to join forces with Walmart for the second consecutive year to bring this opportunity to the business community,” said Pedro Turushina, president and CEO of the Hispanic Chamber of Metro Orlando. “This initiative supports entrepreneurs and helps small businesses access national retail opportunities.”

Since launching in 2014, Walmart’s Open Call has helped thousands of small and midsize businesses become suppliers, while more than 85% of Walmart shoppers report valuing U.S.-made products.

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