- - - - 2021 ESG Report Contents Introduction Economic Environment Social Governance ENVIRONMENT FE ATU RE Fifth Third Adds Sustainable Home Improvement Financing to Foster Sustainable Future With the recent acquisition of San Francisco based Dividend Finance , a leading national provider of solar and sustainable home improvement loan fnancing, Fifth Third added residential fnancial services to boost our eforts to lead the transition to a sustainable future. With a vision of creating a more efcient and sustainable world by enabling more investment in renewable energy, Dividend pioneered a fnancing model for solar and sustainable residential upgrades across the United States. The addressable market for these kinds of projects is anticipated to be $225 billion by 2025 . Fifth Third can now assist homeowners by promoting innovative energy efciency, decarbonization and peak energy reduction by deploying, integrating and fnancing a wide range of distributed energy technologies. Dividend Finance President Eric White, said, “Dividend was proud and excited to join the Fifth Third team. Their focus on tech driven Solar Energy-ecient home improvement Battery HVAC Other home improvement The technologies include: • Smart thermostats. • Electric heat pumps and boilers. • Fuel-cells. • Smart electric panels. • Solar PV. • Energy storage. • Electric vehicle chargers. • Energy-efcient windows. • Roofng. • ENERGY STAR® products. • Insulation. “Dividend is accelerating the energy transition with technology- enabled fnancing solutions that enable homeowners, commercial property owners and energy contractors to deploy renewable energy resources on properties across the country.” ERIC WHITE, DIVIDEND PRESIDENT. innovation and ESG leadership complemented our culture. Together our companies are providing the fnancing, technology platform and residential home improvement upgrades to homeowners that will signifcantly ease the burden on the national power grid.” By relying on the innovative fnancial credit structures developed by Dividend Finance, Fifth Third can support homeowners through their project from initial sale to ongoing post project servicing. These additional services will enable Fifth Third to achieve its environmental and social target to build an inclusive and sustainable future. 37
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