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:
- Lely Financial Center in Naples, Fla.
- University and Tuttle Financial Center in Sarasota, Fla.
- Englewood Financial Center in Englewood, Fla.
- Stickney Point Financial Center in Sarasota, Fla.
- Estero Financial Center in Estero, Fla.
"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.