Tag: Citi
The International Finance Corporation (IFC) and Citi have unveiled a $2 billion program to bolster sustainable supply chain finance in emerging markets. The initiative, starting with a $500 million facility...
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 annual ESG report outlines...
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 the banking sector After...
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 developed a first-of-its-kind framework...
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 Officer Jane Fraser, the...
The International Finance Corporation (IFC) and Citi have agreed to launch a $300 million facility pilot under IFC’s newly established Global Supply Chain Finance Program (GSCF). The pilot will help...
Iberdrola has reinforced its liquidity position with a new 500 million euros green loan granted by Citi, and partly guaranteed by the Norwegian Export Credit Agency. The transaction represents the first...
The alliance between Citi and Compartamos Financiera consists of a US$ 20MM Medium Term Loan – 65% of the funds will be used to finance loans to women entrepreneurs. As...
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. The strategic collaboration will...
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 the world. This annual...
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 Vodafone’s Supply Chain Finance...
Citi has announced the launch of a new sustainable time deposit solution designed to assist U.S. institutional clients when investing excess cash while supporting their sustainability goals. Citi’s new Sustainable Time...
U.S. bank Citi on Thursday announced targets for cutting emissions tied to loans it makes to coal mining, auto, steel and real estate clients by the end of this decade, in...
Citi announced the release of three Global Perspectives & Solutions reports that highlight a range of challenges and opportunities related to the climate crisis. The new research, which underscore the...
Citigroup Inc. is creating dedicated coverage teams to advise Australian companies on the energy transition, as well as other environmental, social and governance issues. “There’s a lot of opportunity even in...
The Federal Reserve Board on Thursday announced that six of the nation’s largest banks will participate in a pilot climate scenario analysis exercise designed to enhance the ability of supervisors...
Citigroup Inc introduced new diversity goals for gender, race and sexual orientation in its workforce for 2025, the bank said in a statement Tuesday. The company aims to boost global...
Available in Hong Kong and Singapore, Citi’s new deposit solution supports clients’ sustainability priorities while advancing Citi’s commitment to sustainable financing Citi today announces the launch of a new sustainability-focused...
Leading lenders to the global aluminum sector — Citi, ING, and Societe Generale — are working together with RMI to develop a climate-aligned finance framework to help reduce the industry’s hard-to-abate emissions....
Citi has announced the launch of new deposit solutions designed to assist clients in investing excess cash as part of their sustainability agenda. The two new deposits – Sustainable Time...
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