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Financial Intermediation
KE
updated 7 months ago

Citibank N.A. Kenya

Company website

Citibank N.A. Kenya, a subsidiary of Citigroup, is a prominent player in the financial services industry, headquartered in Nairobi, Kenya. Established in 1964, Citibank has evolved to serve a diverse clientele across East Africa, offering a range of banking solutions tailored to meet the needs of individuals and businesses alike. The bank's core products include retail banking, corporate banking, and investment services, distinguished by their innovative digital platforms and customer-centric approach. Citibank N.A. Kenya is recognised for its strong market position, leveraging global expertise to deliver unique financial solutions that enhance customer experience. With a commitment to excellence, Citibank continues to achieve notable milestones, solidifying its reputation as a trusted financial partner in the region.

DitchCarbon Score

How does Citibank N.A. Kenya'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.

44

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.

30

Industry Benchmark

Citibank N.A. Kenya's score of 44 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Citibank N.A. Kenya's reported carbon emissions

Inherited from Citigroup Inc.

Citibank N.A. Kenya currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The bank is a current subsidiary of Citigroup Inc., and any relevant emissions data or climate commitments may be inherited from its parent company. Citigroup Inc. has made significant strides in addressing climate change, with initiatives cascaded down to its subsidiaries, including Citibank N.A. Kenya. The bank aligns with the broader corporate commitments of Citigroup, which includes participation in the Carbon Disclosure Project (CDP) and adherence to the RE100 initiative, both of which aim to enhance transparency and promote renewable energy usage. While specific reduction targets or achievements for Citibank N.A. Kenya are not detailed, the overarching climate strategy from Citigroup Inc. reflects a commitment to sustainability and reducing carbon footprints across its global operations. As a subsidiary, Citibank N.A. Kenya is expected to contribute to these initiatives, although specific metrics and targets for the Kenyan branch have not been disclosed. In summary, while Citibank N.A. Kenya lacks direct emissions data and specific climate commitments, it is part of a larger corporate framework that prioritises environmental responsibility and sustainability through initiatives inherited from Citigroup Inc.

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. Citibank N.A. Kenya'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 Citibank N.A. Kenya is in KE, which has a medium 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.

Citibank N.A. Kenya 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

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Where does DitchCarbon data come from?

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