Northampton, MA –Information Direct– Fifth Third Bancorp
With the latest acquisition of San Francisco-based Dividend Finance, a number one nationwide supplier of photo voltaic and sustainable house enchancment mortgage financing, Fifth Third added residential monetary companies to spice up our efforts to guide the transition to a sustainable future.
With a imaginative and prescient of making a extra environment friendly and sustainable world by enabling extra funding in renewable vitality, Dividend pioneered a financing mannequin for photo voltaic and sustainable residential upgrades throughout the US. The addressable marketplace for these sorts of tasks is anticipated to be $225 billion by 2025.
Fifth Third can now help owners by selling revolutionary vitality effectivity, decarbonization and peak vitality discount by deploying, integrating, and financing a variety of distributed vitality applied sciences.
Dividend Finance President Eric White, mentioned, “Dividend was proud and excited to hitch the Fifth Third staff. Their give attention to tech-driven innovation and ESG management complemented our tradition. Collectively our firms are offering the financing, expertise platform and residential house enchancment upgrades to owners that can considerably ease the burden on the nationwide energy grid.
By counting on the revolutionary monetary credit score buildings developed by Dividend Finance, Fifth Third can help owners by means of their mission from preliminary sale to ongoing post-project servicing. These further companies will allow Fifth Third to realize its environmental and social goal to construct an inclusive and sustainable future.
The above is an excerpt from Fifth Third’s 2021 ESG Report. Learn it in full
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