Citi
Citi, officially known as Citigroup Inc., is a leading global financial services corporation headquartered in the United States. Established in 1812, Citi has evolved into a powerhouse in the banking industry, with a significant presence in North America, Europe, Asia, and Latin America. The company offers a diverse range of financial products and services, including consumer banking, investment banking, and wealth management, distinguished by its innovative digital solutions and customer-centric approach. Citi's commitment to sustainability and financial inclusion has positioned it as a market leader, with notable achievements such as being one of the largest credit card issuers worldwide. With a rich history and a focus on leveraging technology to enhance customer experience, Citi continues to shape the future of banking while maintaining its reputation for reliability and excellence.
DitchCarbon Score
How does Citi'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
Citi's score of 46 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Citi's reported carbon emissions
In 2023, Citi reported total carbon emissions of approximately 1,143,000 kg CO2e, with emissions distributed across various scopes: 30,000 kg CO2e from Scope 1, 375,000 kg CO2e from Scope 2, and 739,000 kg CO2e from Scope 3. This reflects a commitment to transparency in their emissions reporting, which includes significant contributions from business travel and investments. Citi has set ambitious climate commitments, aiming for net zero greenhouse gas emissions by 2050. This long-term goal encompasses all scopes of emissions and is guided by their Net Zero Transition Principles, which serve as a framework for their sustainability efforts. The commitment was initially announced in March 2021 and reinforces Citi's dedication to addressing climate change and reducing its overall carbon footprint. Historically, Citi's emissions have shown fluctuations, with a notable reduction in Scope 1 and 2 emissions over the years. For instance, in 2017, their total Scope 1 and 2 emissions were approximately 698,587,000 kg CO2e, indicating a significant focus on reducing operational emissions. Citi's ongoing efforts to achieve these targets reflect a broader industry trend towards sustainability and responsible environmental stewardship, aligning with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 | 00,000 |
| Scope 2 | 1,243,800,000 | 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 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 177,656,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000 | 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.
Citi is not committed to any reduction initiatives 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.
