Citibank, N.A. Sustainability Profile
Citibank, N.A., a prominent financial institution headquartered in the United States, is a key player in the global banking industry. Founded in 1812, Citibank has evolved significantly, establishing a strong presence in major operational regions including North America, Europe, and Asia. The bank offers a diverse range of services, including consumer banking, credit cards, corporate banking, and wealth management, distinguished by its innovative digital solutions and customer-centric approach. With a commitment to financial inclusion and sustainability, Citibank has achieved notable milestones, such as being one of the first banks to introduce online banking services. Its robust market position is underscored by a vast network of branches and ATMs, as well as a reputation for reliability and excellence in customer service. Citibank continues to set industry standards, making it a trusted choice for millions of customers worldwide.
DitchCarbon Score
How does Citibank, N.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, N.A.'s score of 47 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Citibank, N.A., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The absence of emissions figures indicates a lack of publicly reported Scope 1, 2, or 3 emissions data. As a current subsidiary of Citigroup Inc., Citibank's climate commitments and reduction initiatives are influenced by its parent company's strategies. Citigroup Inc. has engaged in various climate-related initiatives, including participation in the Carbon Disclosure Project (CDP) and commitments to renewable energy through the RE100 initiative. However, specific reduction targets or achievements for Citibank, N.A. have not been disclosed. The lack of detailed emissions data and specific reduction targets suggests that Citibank, N.A. may still be in the process of developing its climate strategy or reporting framework. As the financial sector increasingly prioritises sustainability, Citibank's future commitments may align with broader industry trends towards transparency and accountability in carbon emissions management.
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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, N.A.'s Industry?
How Carbon Intensive is Citibank, N.A.'s Location?
Citibank, N.A.'s Scope 3 Categories Breakdown
Citibank, N.A.'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, N.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, N.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.
