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Financial Intermediation
US
updated 8 days ago

Citi Private Bank

Company website

Citi Private Bank, a division of Citigroup Inc., is headquartered in the United States and operates in key financial centres worldwide, including Europe and Asia. Established in 1962, it has evolved into a leading player in the wealth management industry, catering to high-net-worth individuals and families. Citi Private Bank offers a comprehensive suite of services, including investment management, private banking, and tailored financial solutions, distinguished by its global reach and personalised approach. The bank's commitment to innovation and client-centric strategies has solidified its market position, making it a trusted partner for discerning clients seeking bespoke financial advice. With a legacy of excellence, Citi Private Bank continues to set benchmarks in the industry, ensuring clients receive unparalleled service and expertise.

DitchCarbon Score

How does Citi Private Bank'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.

47

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.

28

Industry Benchmark

Citi Private Bank's score of 47 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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Citi Private Bank's reported carbon emissions

Inherited from Citigroup Inc.

Citi Private Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank's emissions data is cascaded from its parent company, Citigroup Inc., which operates at a higher corporate level. As a current subsidiary, Citi Private Bank adheres to the climate commitments and reduction initiatives set forth by Citigroup Inc. While specific reduction targets or achievements for Citi Private Bank are not detailed, it is important to note that Citigroup Inc. has established various climate initiatives, including participation in the Carbon Disclosure Project (CDP) and commitments under the RE100 initiative, which focuses on transitioning to 100% renewable energy. These initiatives reflect a broader commitment to sustainability and reducing carbon footprints across its operations. Citi Private Bank's climate strategy is aligned with the overarching goals of its parent company, which aims to address climate change and promote environmental sustainability within the financial sector. As such, while specific emissions data for Citi Private Bank is not available, the bank is part of a larger corporate effort to mitigate climate impact and enhance sustainability practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2005200620102014201520162017201820192020202120222023
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
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
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Citi Private Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Citi Private Bank is in US, which has a low grid carbon intensity relative to other regions.

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 Private Bank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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