Month: July 2023

CINCINNATI, July 7, 2023 /3BL/ – Fifth Third Bancorp (Nasdaq: FITB) today published its 2022 Sustainability Report. The report is an annual update on the Company’s progress against its five sustainability priorities: keeping the customer at the center, strengthening its communities, delivering on its commitment to employees, promoting inclusion and diversity, and addressing climate change.

In addition to the 2022 Sustainability Report, Fifth Third has published indices aligned with the Global Reporting Initiative, SASB standards and Stakeholder Capitalism Metrics. The indices are published as part of the Company’s commitment to provide transparency and data aligned to industry standards for all of its stakeholders.

“It’s an honor for Fifth Third to report its progress in advancing sustainability,” said Kala Gibson, executive vice president and chief corporate responsibility officer. “We are innovative, inclusive and intentional in the development and execution of our sustainability priorities, all of which align with our purpose to improve lives and the well-being of our communities while we continue striving to be the one bank people most value and trust.”

Fifth Third’s 2022 Sustainability Report spotlights the following categories:

■ Customers: Fifth Third pairs a commitment to outstanding customer service with innovative and inclusive products and services that benefit lives and improve businesses. This is highlighted by the Bank’s award-winning Fifth Third Momentum® Banking accounts and features that enable customers to get paid up to two days early and Extra Time® to avoid overdraft fees. The Bank eliminated non-sufficient funds fees for all accounts in 2022 and Fifth Third was named to Fortune’s inaugural list of the America’s Most Innovative Companies.

■ Corporate responsibility: Fifth Third cares deeply about the communities it serves. The Bank is building stronger communities and improving economic mobility by building affordable housing, providing essential job training and financial education. It has delivered $2.7 billion of its $2.8 billion Accelerating Racial Equality, Equity and Inclusion Initiative, including over $100 million toward its transformative $180 million Empowering Black Futures Neighborhood Program. The Bank achieved its goal for 10% of its supplier spending to go to diverse suppliers. In 2022, Fifth Third received an “Outstanding” CRA rating from the Office of the Comptroller of the Currency.

■ Employees: Fifth Third believes its employees, along with the service they provide to the Bank’s customers and communities, are what sets it apart. The Bank strives to provide its employees with a world-class work environment, competitive pay and comprehensive benefits. In 2022, the Bank raised its minimum wage to $20 per hour and provided a wage adjustment for our first four job levels, resulting in more than 40% of the workforce receiving a midyear compensation increase. We also transitioned to a new flexible PTO policy, which includes paid time off for volunteering.

■ Planet: Fifth Third integrates environmental sustainability into all aspects of its business to create long-term value for its customers and strengthen its communities. Dividend Finance, the financial technology lender acquired by Fifth Third, has grown to be the third-largest residential solar lender in the U.S. Fifth Third delivered $14 billion in 2022 toward its environmental and social finance target of $100 billion through 2030. It’s now over 27% toward that goal. As part of its six bold goals for operational sustainability, the Bank installed solar panels and EV charging ports at certain branches in 2022.

■ Governance: A strong governance program is the foundation for a sustainable and well governed company. Fifth Third was recognized by Ethisphere for the fourth time as among the world’s most ethical companies. In 2022, the Bank was one of only two U.S. banks to earn such recognition. The Bank is steadfastly committed to always acting in a matter that merits public trust and confidence.

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. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

Originally published on GoDaddy Life

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HAMILTON, Bermuda, July 7, 2023 /3BL/ – Family-owned spirits company Bacardi is celebrating the 160th anniversary of MARTINI®, the leading vermouth and sparkling wine brand, with a series of events and launches that will build on its legacy as an icon of Italian style and culture.

Since 1863, MARTINI has been a pioneering presence in the world of drinks and in cocktail culture thanks to its Italian craftsmanship, Italian quality and Italian taste. Aperitivo would not be aperitivo without MARTINI.

This year is also the 30th anniversary of MARTINI joining the Bacardi portfolio of premium wines and spirits. Since Bacardi, a family-owned company that recently marked its own 160th anniversary, acquired the Martini & Rossi Group in 1993, MARTINI has been part of a growing portfolio of iconic brands which today includes BOMBAY SAPPHIRE® gin, GREY GOOSE® vodka, PATRÓN® tequila, ST-GERMAIN® liqueur and, of course, BACARDĺ® rum.

“For 160 years, MARTINI has been an icon of Italian culture while continuously evolving, innovating and inspiring each new generation. What’s stayed constant is a commitment to craftsmanship, quality and exceptional taste. As we celebrate this milestone for MARTINI, we continue to make MARTINI a modern, Italian lifestyle brand, that we can continue to be proud of while carrying its legacy for future generations.”

Mahesh Madhavan, CEO of Bacardi Limited

The 160th anniversary of MARTINI is being celebrated in a number of exciting ways:

New MARTINI global campaign – ‘160 years of Italian taste’ draws inspiration from the legacy of MARTINI as a symbol of Italian style and culture. The campaign brings together the brand’s heritage and its vision for the future with imagery that illustrates how the brand is moving into a new era. The new creative reflects consumers’ changing drinking habits – the brand’s newest innovation, MARTINI Non-Alcoholic Aperitivo is front and center and represents how MARTINI is meeting the demand for the rise in mindful drinking, while remaining grounded in aperitivo culture;

First ever aged MARTINI vermouth – MARTINI Maestro 36, demonstrates the brand’s constant drive to innovate and create new experiences for every generation. MARTINI Maestro 36 is aged for 36 months to create an exceptional, super-premium expression of the classic vermouth. Created by MARTINI Master Blender, Beppe Musso, Maestro 36 captures 160 years of vermouth-making expertise in a limited edition of only 2,000 bottles. To celebrate the Italian hospitality industry’s support for MARTINI over 160 years, Maestro 36 is available exclusively in bars and restaurants in Italy;

MARTINI Pop-Up Bar at DAZI Milano – Everyone in Milan, the style capital of Italy, is invited to join the celebration by visiting this special pop-up MARTINI bar. Enjoy an unforgettable MARTINI aperitivo in an unforgettable venue, open until July 4;

MARTINI postage stamp – The Italian Government is celebrating 160 years of MARTINI and 160 years of an iconic brand proudly Made in Italy with the release of a MARTINI postage stamp, available at post offices across Italy starting in July;

Terrazza MARTINI influencers digitized for future generations – A collection of 30,000 photographs taken at the Terrazza MARTINI since its opening in 1958 is being preserved for future generations in the first corporate digitization project supported by the Italgas Heritage Lab. The collection captures generations of celebrities and influencers at Milan’s most fashionable destination.

Founded in 1863 by entrepreneur Alessandro Martini and herbalist Luigi Rossi, MARTINI has a legacy that goes far beyond the world of drinks. MARTINI has left its mark on everything from culture to sport. Hollywood stars and artists have collaborated with MARTINI to create legendary advertising campaigns; Terrazza MARTINI parties have influenced generations of style leaders; and the now classic MARTINI racing stripes are famous around the world.

MARTINI can look back on an extraordinary legacy and look forward to a future full of new innovations.

For generations, MARTINI has cared for the environment, for suppliers and their communities. The brand’s sustainability milestones are a reflection of Bacardi and its mission to be the most environmentally responsible global spirits company. Back in 1987, L’Osservatorio MARTINI – the MARTINI Observatory – was established in Northern Italy as a center dedicated to promoting sustainable farming methods. And in just the last year, MARTINI has been using solar energy to power the distillation of its botanicals and 100% of the wineries for the entire MARTINI portfolio have been certified sustainable.

Helping to achieve these sustainability milestones is newly appointed Master of Botanicals, Alessandro Garneri and MARTINI Master Blender, Beppe Musso. Only the eighth Master Blender in the 160-year history of MARTINI, Beppe has been instrumental in the creation of contemporary vermouth MARTINI Fiero, a 100% natural blend of citrus, bittersweet orange and crisp white wines, as well as the deliciously complex MARTINI Non-Alcoholic Aperitivo range.

“This year, MARTINI is celebrating its 160th birthday but we are still young. Our knowledge and experience grows with each new generation and that is reflected in the quality and taste of every MARTINI drink and in our commitment to sustainable practices that will secure our future for the next 160 years. That’s what really excites me – our future legacy. This is only the beginning.”

Beppe Musso, MARTINI Master Blender

About MARTINI
One of the most iconic brands in the world, MARTINI® is the leading name in Italian winemaking and a purveyor of the highest quality vermouths and sparkling wines. The award- winning, vibrant and bittersweet taste of the MARTINI range is the result of secret blends of more than 40 botanicals sourced from the finest locations across the globe. First created in 1863 in Turin, Italy, the MARTINI portfolio today includes: MARTINI Fiero, MARTINI Riserva Speciale Rubino, Ambrato & Bitter, MARTINI Bianco, Rosato, Rosso & Extra Dry, MARTINI Non-Alcoholic Vibrante & Floreale, MARTINI Asti, Prosecco & Rosé Extra Dry. For more information, please visit www.martini.com or @martini on all social media platforms.

MARTINI and the ball & bar logo are trademarks. MARTINI is part of the portfolio of Bacardi Limited, headquartered in Hamilton, Bermuda. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited.

About Bacardi Limited
Bacardi Limited, the world’s largest privately held international spirits company, produces, markets, and distributes internationally recognized spirits and wines. The Bacardi Limited portfolio comprises more than 200 brands and labels, including BACARDÍ® rum, PATRÓN® tequila, GREY GOOSE® vodka, DEWAR’S® Blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES® 100% blue agave tequila, and other leading and emerging brands including WILLIAM LAWSON’S® Scotch whisky, D’USSÉ® Cognac, ANGEL’S ENVY® American straight whiskey, and ST-GERMAIN® elderflower liqueur. Founded more than 161 years ago in Santiago de Cuba, family-owned Bacardi Limited currently employs approximately 9,000, operates production facilities in 11 countries and territories, and sells its brands in more than 160 markets. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited. Visit www.bacardilimited.com or follow us on LinkedIn, Instagram or Twitter.

As of the end of 2022, the Life Science business of Merck KGaA, Darmstadt, Germany, which operates as MilliporeSigma in the U.S. and Canada, offered 1,860+ Greener Alternative Products in its Life Science portfolio. It’s an impressive achievement that traces its beginnings back to the late 1990s.

Life Science processes frequently require the use of highly hazardous chemicals. A group of colleagues, including Dr. Ettigounder (Samy) Ponnusamy, Fellow & Global Manager, Green Chemistry, wanted to create meaningful products while also reducing environmental harm to the planet. The collaboration that Samy kickstarted at Sigma-Aldrich, which was acquired by Merck KGaA, Darmstadt, Germany in 2015, resulted in the first Greener Alternative Product in 2007 and has continued to expand ever since.

Following the 12 Principles of Green Chemistry, Samy and like-minded colleagues collaborated to embed sustainability into the company’s products. The harmonization of Green Chemistry with product data led to the birth of the proprietary DOZN™ tool. DOZN™ uses the 12 Principles of Green Chemistry to transparently evaluate the relative greenness of chemicals and chemical processes. It is a free online tool that enables users to quantitively identify greener alternatives for their products or processes, without sacrificing quality or quantity.

Not only is DOZN™ used internally to re-engineer existing products, but it is also used worldwide in academia and across the Life Science industry and has so far been embedded into University curricula at four major universities. To date, the tool has been cited 78 times in scientific papers and viewed almost 18,000 times, with over 1,800 DOZN™ users. The tool helps users collect data on product or process sustainability and quantify the environmental impact of their work without sacrificing quality.

Learn more about the company’s Greener Products & Solutions initiatives by visiting its sustainability and social business innovation webpage.