Citibank Colombia S.A. Sustainability Profile
Citibank Colombia S.A., a subsidiary of Citigroup, is a prominent player in the financial services industry, headquartered in Bogotá, Colombia. Established in 1996, the bank has significantly expanded its operations across major Colombian cities, providing a wide range of banking solutions tailored to both individual and corporate clients. Specialising in retail banking, corporate banking, and investment services, Citibank Colombia offers unique products such as credit cards, personal loans, and wealth management services. The bank is recognised for its innovative digital banking solutions, enhancing customer experience and accessibility. With a strong market position, Citibank Colombia has achieved notable milestones, including awards for customer service excellence and sustainable banking practices. Its commitment to financial inclusion and responsible banking further solidifies its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does Citibank Colombia S.A.'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
Citibank Colombia S.A.'s score of 45 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Citibank Colombia S.A. currently does not report specific carbon emissions data, as there is no available emissions data for the most recent year. The organisation is a current subsidiary of Citigroup Inc., which cascades its climate commitments and performance metrics down to its subsidiaries. While Citibank Colombia S.A. does not have its own documented reduction targets, it aligns with the broader sustainability initiatives of Citigroup Inc. This includes commitments to renewable energy through the RE100 initiative, which aims for 100% renewable energy usage across its global operations. As part of its corporate family, Citibank Colombia S.A. benefits from the climate strategies and performance metrics established by Citigroup Inc., which is committed to reducing its overall carbon footprint and enhancing sustainability practices. However, specific details regarding emissions reductions or targets at the subsidiary level remain unspecified. In summary, while Citibank Colombia S.A. does not provide direct emissions data or reduction targets, it is part of a larger corporate structure that prioritises climate action and sustainability through initiatives cascaded from Citigroup Inc.
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 |
| 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 |
How Carbon Intensive is Citibank Colombia S.A.'s Industry?
How Carbon Intensive is Citibank Colombia S.A.'s Location?
Citibank Colombia S.A.'s Scope 3 Categories Breakdown
Citibank Colombia S.A.'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.
Top Scope 3 Categories
Citibank Colombia S.A.'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.
Citibank Colombia S.A. 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.
