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Citibank Nigeria Limited
Citibank Nigeria Limited, a subsidiary of Citigroup, is a prominent player in the Nigerian banking sector, headquartered in Lagos. Established in 1984, the bank has made significant strides in providing innovative financial solutions across various regions in Nigeria, including major cities like Abuja and Port Harcourt. Operating within the financial services industry, Citibank Nigeria focuses on corporate banking, investment banking, and wealth management, catering to both individual and institutional clients. Its core offerings, such as tailored credit solutions and advanced digital banking services, set it apart in a competitive market. With a strong commitment to customer service and financial inclusion, Citibank Nigeria has earned a reputation for reliability and excellence, positioning itself as a trusted partner for businesses and individuals alike.
DitchCarbon Score
How does Citibank Nigeria Limited'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 Business Services 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 Nigeria Limited's score of 40 is higher than 66% 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 Nigeria Limited 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., which cascades its climate commitments and performance metrics down to its subsidiaries. While there are no documented reduction targets or specific climate pledges from Citibank Nigeria Limited, it is important to note that the overarching initiatives from Citigroup Inc. may influence its operations. Citigroup has made significant commitments to sustainability, including participation in the RE100 initiative, which aims for 100% renewable energy usage across its global operations. As a subsidiary, Citibank Nigeria Limited is expected to align with these broader corporate sustainability goals, although specific targets or achievements at the local level have not been disclosed. The lack of emissions data and reduction initiatives highlights an area for potential growth in transparency and commitment to climate action within the Nigerian context.
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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 |
| 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
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 Nigeria Limited 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.
