Citi Community Capital Sustainability Profile
Citi Community Capital, a division of Citigroup, is headquartered in the United States and operates primarily across major urban regions. Founded in the early 2000s, the firm has established itself as a leader in the community development finance sector, focusing on affordable housing, economic development, and sustainable community initiatives. Citi Community Capital offers a range of financial products and services, including loans, equity investments, and advisory services, tailored to meet the unique needs of underserved communities. Its commitment to social impact and financial inclusion sets it apart in the industry. With a strong market position, Citi Community Capital has achieved notable milestones, including significant investments in low-income housing and community revitalisation projects, reinforcing its role as a key player in fostering economic growth and stability in diverse communities.
DitchCarbon Score
How does Citi Community Capital'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 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 Community Capital's score of 27 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Citi Community Capital, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. However, the organisation is part of a broader corporate family, with emissions data and climate commitments cascaded from its parent company, Citigroup Inc. While no specific reduction targets or achievements are listed for Citi Community Capital, it aligns with the sustainability initiatives of Citigroup Inc., which is actively engaged in various climate commitments. These include participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, both of which aim to enhance transparency and promote renewable energy usage across its operations. As a current subsidiary of Citigroup Inc., Citi Community Capital benefits from the overarching climate strategies and targets set by its parent company, which are designed to address climate change and reduce overall carbon footprints. The absence of direct emissions data suggests a need for further transparency and reporting at the subsidiary level to fully understand its environmental impact.
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| 2005 | 2006 | 2010 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 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 | 00,000,000 | 00,000,000 | - | - | - |
How Carbon Intensive is Citi Community Capital's Industry?
How Carbon Intensive is Citi Community Capital's Location?
Citi Community Capital's Scope 3 Categories Breakdown
Citi Community Capital's Scope 3 emissions, which decreased by 52% last year and decreased by approximately 95% since 2006, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 2% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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Citi Community Capital's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Citi Community Capital has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
