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Fifth Third’s 2022 Sustainability Report Earns Four MarCom Awards

3BL Media

“Delivering on our sustainability strategy, priorities and commitments is key to our ability to continue generating long-term value to our stakeholders while building strong human relationships and connections with the community we serve,” said Kala Gibson, chief corporate responsibility officer, Fifth Third Bank. “I Member FDIC. # # #

Banking 147
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Fifth Third Bancorp 2021 Environmental, Social and Governance Report Earns Five MarCom Awards

3BL Media

Since its inception in 2004, MarCom has evolved into one of the largest, most-respected creative competitions in the world. As a Purpose-driven company our 2021 ESG Report reflects who we are and what we value,” said Tim Spence, president and CEO, Fifth Third Bank. “I About Fifth Third. Fifth Third is one of the few U.S.-based

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Meet the women warrior accountants pushing the envelope on climate action

Corporate Knights

Chauvin framed the most urgent issues facing the planet – climate change, waste, pollution, slave and child labour – as accounting failures. Likewise, the European Central Bank recently reported that “banks do not yet sufficiently incorporate climate risk into their stress-testing frameworks and internal models.”

Net Zero 265
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COP27: A Breakthrough for People and Planet

3BL Media

DESCRIPTION: The 27th United Nations (UN) Conference of the Parties (COP), which took place this November in Sharm El Sheikh, Egypt, marked a significant milestone in developing action against climate change. Climate change inequality, contributors and sufferers, has been a key agenda item at COP for many years.

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Today’s Energy Crisis Is Very Different from the Energy Crisis of 2005

Gail Tverberg

The Federal Reserve chose to fix the problem by raising the Federal Funds interest rate from 1.00% to 5.25% between June 30, 2004 and June 30, 2006. 1] The 2004 to 2006 interest rate hikes didn’t lead to lower oil prices until after July 2008. Inflation in food prices was especially a problem. Latest month shown is July 2022.

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Why raising interest rates to reduce inflation may work out very badly

Gail Tverberg

If central banks cut back future energy supplies using higher interest rates, we can expect to encounter major problems going forward. 3] We can look back and see how rising interest rates were used to slow the world economy in the 2004 to 2006 period, and how different the economic situation was then compared to now.

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Private Equity Firms Are Paving the Way to a More Sustainable Future 

Richard Matthews

To illustrate, BlackRock, the world’s leading investment firm, with more than $7 trillion worth of assets under management, has announced that climate will play a central role in investment considerations. Banks are now providing more funding to clean sources of energy than to fossil fuels.