Recent Citi ESG News
Citi Group achieves $441B of $1T sustainable finance 2030 goal with renewables a ‘major driver’
Listen to this story: In 2023, Citi reaffirmed its commitment to Environmental, Social, and Governance (ESG) principles amidst a complex global backdrop marked by environmental urgencies and socio-economic shifts. The
JPMorgan, Citi, RBC Reach Agreement with NYC on Climate Finance Disclosures
Listen to this story: Three of the largest North American banks have agreed to publicly disclose their financing ratio of low-carbon energy to fossil fuels, setting a new standard for
RMI and Global Banks Introduce Pegasus Guidelines for Aviation Sector Emissions Reporting
Listen to this story: RMI, in cooperation with leading global banks—BNP Paribas, Citi, Crédit Agricole CIB, Societe Generale, and Standard Chartered—and in consultation with industry, experts, and additional financial institutions has
Citi Reveals 42% of Energy Clients Lack Climate Transition Plans
Listen to this story: In the comprehensive report titled “Citi’s Approach to Climate Change and Net Zero” released on March 28, 2024, by Citi under the stewardship of Chief Executive
Citi and IFC to Boost Sustainable Supply Chain Finance in Emerging Markets
Listen to this story: The International Finance Corporation (IFC) and Citi have agreed to launch a $300 million facility pilot under IFC’s newly established Global Supply Chain Finance Program (GSCF).
Iberdrola Signs EUR 500 Million Green Loan with Citi and Eksfin
Listen to this story: Iberdrola has reinforced its liquidity position with a new 500 million euros green loan granted by Citi, and partly guaranteed by the Norwegian Export Credit Agency.
Citi and Compartamos Financiera Join Forces to Promote Financial Inclusion in Peru
Listen to this story: The alliance between Citi and Compartamos Financiera consists of a US$ 20MM Medium Term Loan – 65% of the funds will be used to finance loans
Hokodo and Citi Join Forces to Power Payments on New Renewable Energy Marketplace
Listen to this story: A leading provider of B2B payment solutions, Hokodo, and global financial services firm Citi announced their collaboration to power payments for Covento, a first-of-its-kind renewable energy marketplace.
Citi Releases 2022 ESG Report
Listen to this story: Citi released its 2022 Environmental, Social and Governance (ESG) Report, highlighting progress across Citi and the Citi Foundation toward building more sustainable, diverse and equitable communities around
Citi Collaborates With Vodafone to Support Emissions Reductions Through Supply Chain Finance
Listen to this story: Vodafone suppliers to receive better rates based on improvements to environmental sustainability Citi, in collaboration with Vodafone Group Plc, announces the addition of environmental criteria to
About
Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.