5/3 Bank Achieves Carbon Neutrality
CleanTechnica switched to Fifth Third Bank (5/3 Bank) in 2019. Two big factors for us were 1) it had the most ambitious clean energy achievements and plans of any bank, and 2) it won’t …
CleanTechnica switched to Fifth Third Bank (5/3 Bank) in 2019. Two big factors for us were 1) it had the most ambitious clean energy achievements and plans of any bank, and 2) it won’t …
Standard Solar announced recently that it closed a tax equity commitment for up to $105 million to fund distributed generation (DG) solar projects. These projects will be in the following five U.S. states:
One of my favorite global initiatives is the RE100 initiative. Organized by The Climate Group and CDP, RE100 inspires, persuades, and collects corporate commitments to 100% renewable electricity. It also helps member companies progress toward their goals.
The Foundation Office at Fifth Third Bank, a bank that is 100% powered by renewable solar energy and generating more clean power than the bank uses in a year (which is why we started using it in 2019), recently made an announcement of almost $6.2 million in grants from 2019. These grants come through 8 major foundations that the banks serve as a trustee or agent.
Okay, it’s not super new — we got the account last year. Nonetheless, we never announced it, and one of the good things about green consumerism is you can push others to follow suit, so I’m doing so now. Though, I’m also doing so because of a funny little surprise.
Many of the talking points used by those short selling Tesla’s stock revolve around the idea that the company’s stock is largely held by individual investors who don’t understand that the company: is (permanently apparently) on the verge of collapse; is actually in need of funding that it says it doesn’t need; and/or doesn’t make the margins on the cars it sells that it reports it does.
Ohio-based Fifth Third Bank has become the first Fortune 500 company, the first bank, and the first RE100 member to achieve its goal of securing 100% of its power consumption with renewables in a single Power Purchase Agreement from a single project.