Fifth Third Bank Named to Forbes Best Employers for Diversity 2023
CINCINNATI, October 10, 2023 /3BL/—Fifth Third Bank, National Association, has been named to the Forbes list of Best Employers for Diversity 2023. This is the Bank’s fourth year being recognized with the honor presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.
“Innovation and excellence thrive in an environment where diversity is celebrated,” said Stephanie A. Smith, senior vice president, chief inclusion officer at Fifth Third. "This recognition is a testament to our commitment to fostering a workplace that honors every voice and paves the way for a brighter, more inclusive future."
The Best Employers for Diversity were selected based on survey from approximately 45,000 U.S. employees working for companies with a minimum of 1,000 employees. The evaluation was based on three different criteria:
- Direct recommendations: Employees were asked to give their opinions on a series of statements regarding Age, Gender, Ethnicity, Disability, LGBTQIA+ & General Diversity in their current workplace. The recommendations of women, elders, and ethnic minorities were weighted higher than the non-minority groups.
- Indirect Recommendations: Participants were also given the chance to evaluate other employers in their respective industries that stand out positively or negatively regarding diversity. Only the recommendations of minority groups were considered.
- KPIs: Extensive research was carried out to evaluate how companies fared across a range of diversity-related best-practices. These included things like the presence of resource groups within the company, the publication of diversity data, and the share of women in board and executive positions.
To learn more about Fifth Third Bank’s inclusion and diversity efforts, please visit: www.53.com/diversity.
About Fifth Third
Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.
Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com.