Citi Holdings, a division of Citigroup Inc., is headquartered in the United States and operates primarily in North America, Europe, and Asia. Established in 2009, Citi Holdings was created to manage non-core assets and businesses, focusing on divesting and optimising its portfolio. The division encompasses a range of financial services, including consumer banking, investment management, and asset management, distinguished by its commitment to customer-centric solutions and innovative financial products. Citi Holdings has made significant strides in streamlining operations and enhancing its market position, achieving notable milestones in asset reduction and operational efficiency. With a focus on delivering unique financial solutions, Citi Holdings continues to play a pivotal role in the global financial landscape, leveraging its extensive expertise to meet the evolving needs of its clients.
How does Citi Holdings'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.
Mean score of companies in the 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.
Citi Holdings's score of 27 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Citi Holdings, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of Citigroup Inc., which may influence its climate commitments and emissions reporting. Citi Holdings inherits its emissions data and climate initiatives from Citigroup Inc. at a cascade level of 1. While specific reduction targets or achievements for Citi Holdings are not detailed, Citigroup Inc. has been actively involved in various climate initiatives, including participation in the CDP and RE100, which focus on transparency in environmental impact and commitment to renewable energy, respectively. As of now, there are no documented reduction targets or specific climate pledges attributed directly to Citi Holdings. The absence of emissions data and reduction initiatives suggests that the organisation may still be aligning its strategies with the broader commitments of its parent company, Citigroup Inc. In summary, while Citi Holdings does not present specific emissions figures or reduction targets, it is part of a larger corporate family that is engaged in significant climate action through its parent organisation.
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 | 
| 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 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 
Citi Holdings's Scope 3 emissions, which increased by 21% last year and decreased by approximately 61% since 2006, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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 Holdings 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.