Strategic & Sustainable Leadership at Fifth Third Bank
Pratik Raval, Chief Sustainability Officer at Fifth Third Bank, oversees a bold US$100bn impact finance aim by 2030, reinforcing the bank's dedication to financial technology's role in sustainability strategies.
For half a decade, Fifth Third Bank has consistently utilised 100% renewable energy across its U.S. operations.
This makes the bank a trailblazer, as it was the first Fortune 500 company and the first bank to commit to purchasing complete renewable energy from a single project.
With a wealth of experience spanning over two decades, Pratik Raval is scheduled to disseminate his knowledge in a keynote speech at Sustainability LIVE: Climate Week NYC 2025.
This presentation, titled “Financing the Future, Together: Building Sustainable Economies for All,” will wrap up the event that showcases leading figures in sustainability.
Secure your place to hear from Pratik and other leaders in New York City.
Strategic leadership at Fifth Third Bank
Pratik heads the sustainability office at Fifth Third Bank, overseeing energy and resiliency-centred community banking solutions, nonfinancial disclosures and the bank's climate and reputational risk management.
The bank's sustainability strategy hinges on three pillars: endorsing a sustainable transition, managing climate-related risks, and minimising its environmental footprint.
Out of the US$100bn impact finance target, $45.3 billion is expected to be delivered by the end of 2024. Achievements include:
- 46% reduction in energy use
- 60% reduction in location-based greenhouse gas emissions
- 34% reduction in water usage, aiming for 50%
- Nearly 60% of waste diverted, targeting 75%
- 65% reduction in paper use
Moreover, Fifth Third has completed 17 solar panel installations on the rooftops of new financial centres in 2024.
“In 2025, we are sustaining that positive momentum as we remain focused on major sustainability priorities,” Pratik said in its 2024 Sustainability Report.
“Ultimately, our goal is to deliver the best possible results for our customers, communities, employees and investors every day.”
This US$100bn environmental and social finance target was announced concurrently with Fifth Third’s 2021 ESG report, marking an extension from its original US$8bn target met ahead of schedule.
Sustainability LIVE: Climate Week NYC 2025
The event gathers policymakers, innovators and business leaders to craft solutions for global climate change issues.
In New York, discussions will encompass ESG data, corporate reporting standards, climate finance, supply chain transparency and the pivotal role of digital platforms in boosting sustainability initiatives.
The gathering not only unites top global companies but also offers CPD accreditation, where attendees can gain one CPD point for every hour of educational engagement.
Sustainability LIVE: Climate Week NYC 2025 serves as a collaborative platform for leaders sharing the ambition to fast-track the transition to net zero and develop new climate solutions.
Secure your place to attend to avoid missing out on the conversation.
