Citibank Europe plc
Citibank Europe plc, a subsidiary of Citigroup, is headquartered in Ireland (IE) and operates extensively across Europe. Founded in 1812, Citibank has evolved into a leading global financial institution, providing a wide range of banking and financial services. The company is renowned for its innovative solutions in consumer banking, corporate banking, and investment services. Citibank Europe plc offers unique products such as credit cards, personal loans, and wealth management services, distinguished by their customer-centric approach and advanced digital banking capabilities. With a strong market position, Citibank has achieved notable milestones, including significant expansions in key European markets. As a trusted name in the financial industry, Citibank Europe plc continues to set benchmarks for excellence in service delivery and financial innovation.
DitchCarbon Score
How does Citibank Europe plc's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Citibank Europe plc's score of 44 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Citibank Europe plc, headquartered in Ireland (IE), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The organisation is a current subsidiary of Citigroup Inc., and any relevant emissions data or climate commitments may be inherited from its parent company. Citigroup Inc. has made significant strides in climate commitments, including participation in the Carbon Disclosure Project (CDP) and initiatives such as RE100, which focuses on transitioning to 100% renewable energy. However, specific reduction targets or achievements for Citibank Europe plc are not detailed in the available information. As a current subsidiary, Citibank Europe plc's climate strategy may align with the broader goals set by Citigroup Inc., which operates at a cascade level of 6. This relationship suggests that while direct emissions data for Citibank Europe plc is not available, the organisation is likely influenced by the sustainability initiatives and targets established by its parent company.
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| 2005 | 2006 | 2010 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 43,533,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,048,226,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Citibank Europe plc is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
