Citibank, Israel Sustainability Profile
Citibank, Israel, a subsidiary of Citigroup Inc., is a prominent player in the financial services industry, headquartered in Tel Aviv (IL). Established in 1964, Citibank has evolved to become a key provider of banking and financial solutions, serving both individual and corporate clients across the country. With a strong focus on retail banking, corporate banking, and wealth management, Citibank offers a diverse range of products, including credit cards, personal loans, and investment services. Its commitment to innovation and customer service sets it apart in a competitive market. Recognised for its robust market position, Citibank, Israel, continues to achieve notable milestones, reinforcing its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does Citibank, Israel'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 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, Israel'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.
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As of the latest available data, Citibank, Israel does not report specific carbon emissions figures, indicating a lack of publicly disclosed emissions data. However, it is important to note that Citibank, Israel is a current subsidiary of Citigroup Inc., which cascades its climate commitments and emissions data down to its subsidiaries. Citigroup Inc. has made significant strides in addressing climate change, with initiatives that include commitments to reduce its carbon footprint and enhance sustainability practices. While specific reduction targets for Citibank, Israel are not available, the overarching goals set by Citigroup Inc. may influence the subsidiary's climate strategies. Citigroup Inc. has engaged with various climate initiatives, including the Carbon Disclosure Project (CDP) and the RE100 initiative, which aims for 100% renewable energy. These commitments are cascaded to Citibank, Israel, reflecting the parent company's dedication to sustainability and climate action. In summary, while Citibank, Israel currently lacks specific emissions data and reduction targets, it operates under the climate commitments established by Citigroup Inc., which are designed to promote environmental responsibility and reduce carbon emissions across its global operations.
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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 Citibank, Israel's Industry?
How Carbon Intensive is Citibank, Israel's Location?
Citibank, Israel's Scope 3 Categories Breakdown
Citibank, Israel'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.
Top Scope 3 Categories
Citibank, Israel'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, Israel has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
