Citibank, N.A.
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 43 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, N.A. does not report specific carbon emissions figures, indicating a lack of publicly disclosed emissions data. However, the bank is part of Citigroup Inc., which has established significant climate commitments and initiatives. Citigroup Inc. has set ambitious targets to reduce its carbon footprint, including commitments to renewable energy through the RE100 initiative, which aims for 100% renewable energy usage across its global operations. Citibank, as a current subsidiary of Citigroup Inc., inherits these climate commitments and reduction targets. The bank's climate strategy aligns with industry standards, focusing on sustainable finance and reducing the environmental impact of its operations. While specific emissions data is not available, Citibank is expected to contribute to the overarching goals set by its parent company, which include significant reductions in greenhouse gas emissions across its operations. In summary, while Citibank, N.A. does not provide specific emissions data, it is part of a larger corporate family that is actively engaged in climate initiatives and sustainability efforts, reflecting a commitment to addressing climate change within the financial sector.
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| 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 | 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 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Citibank, N.A. 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.
