Cincinnati-Based Fifth Third Bank Among World's Most Ethical Companies in 2021, Report Finds

Fifth Third Bank is one of 135 companies to be lauded by Ethisphere.

Fifth Third's Cincinnati headquarters - Photo: Wikipedia
Photo: Wikipedia
Fifth Third's Cincinnati headquarters

A Cincinnati-based corporation is one of the most ethical in the world, a new report finds.

Ethisphere, which bills itself as a leader in defining and advancing the standards of ethical business practices, includes Fifth Third Bank on its “World’s Most Ethical Companies” list for 2021.

The annual list, which is unranked, features 135 companies this year. This is the 15th year for Ethisphere’s list.

With headquarters in Cincinnati, Fifth Third Bank employs nearly 20,000 people, Ethisphere notes. This is the second time the bank has been included on the list.

“Fifth Third strives to do well by doing good,” Greg Carmichael, chairman and CEO of Fifth Third Bank, says in a press release. “We are deeply committed to the success and well-being of our customers, employees, communities and shareholders, especially during today’s challenging times.”

The press release adds that Fifth Third Bank is a top-ten U.S. regional bank and in December made a $2.8 billion, three-year commitment to racial equity initiatives.

The release also says that as of Dec. 31, the bank operates 1,134 full-service banking centers and 2,397 ATMs with Fifth Third branding throughout 11 states. Fifth Third Bank later announced in February that it would close a number of locations, as reported by the Cincinnati Business Courier.

Ethisphere says that the honorees on its “World’s Most Ethical Companies” list span 22 countries and 47 industries.

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