Citi

Citigroup's carbon emissions and climate commitments:

For the 2024 reporting year, Citigroup reported total Scope 1 emissions of approximately 53,454,000 kg CO2e and Scope 2 emissions (market-based) of approximately 38,250,000 kg CO2e. Scope 3 emissions for business travel amounted to approximately 70,805,000 kg CO2e.

In 2023, the company's Scope 1 emissions were approximately 47,354,000 kg CO2e, and Scope 2 emissions (location-based) totalled approximately 447,587,000 kg CO2e.

Citigroup has set ambitious climate targets, including a commitment to achieving net zero GHG emissions by 2030 for its own operations. This goal builds upon the company's achievement of 100% renewable electricity usage in 2020. Furthermore, Citigroup aims for a 63% reduction in Scope 1 intensity per MWh by 2030, targeting 115 kg CO2e/MWh from a 2020 baseline of 313.5 kg CO2e/MWh. The company also has a long-term commitment to achieve net zero greenhouse gas emissions by 2050.

Citigroup has also set operational footprint goals for 2025, aiming for a 45% reduction in location-based GHG emissions, measured against a 2010 baseline. Additionally, they targeted a 40% reduction in energy consumption by 2025, also from a 2010 baseline. For Scope 2 emissions, a 41% reduction in intensity per square metre was targeted from a 2021 baseline of 36 kg CO2e/m2, with an end year of 2030.