Citicorp LLC Sustainability Profile
Citicorp LLC, a prominent player in the financial services industry, is headquartered in the United States. Founded in the early 20th century, the company has established itself as a leader in banking, investment, and financial solutions, serving clients across North America and beyond. With a diverse portfolio that includes retail banking, corporate finance, and wealth management, Citicorp distinguishes itself through innovative products and customer-centric services. The firm has achieved significant milestones, including expansions into emerging markets and the development of cutting-edge digital banking platforms. Recognised for its robust market position, Citicorp LLC continues to adapt to the evolving financial landscape, ensuring it meets the needs of its clients while maintaining a commitment to excellence and integrity in all its operations.
DitchCarbon Score
How does Citicorp LLC'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
Citicorp LLC'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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Citicorp LLC, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a corporate family that includes Citigroup Inc., from which it inherits relevant climate commitments and initiatives. Citigroup Inc. has made significant strides in addressing climate change, with initiatives cascaded down to Citicorp LLC. The company is actively engaged in the Carbon Disclosure Project (CDP) and has committed to the RE100 initiative, aiming for 100% renewable energy in its operations. These commitments reflect a broader strategy to reduce carbon emissions and enhance sustainability practices across its subsidiaries. While specific reduction targets for Citicorp LLC are not detailed, the overarching goals set by Citigroup Inc. indicate a strong commitment to climate action. As a current subsidiary, Citicorp LLC aligns with these initiatives, contributing to the collective effort to mitigate climate impact within the financial services sector.
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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 Citicorp LLC's Industry?
How Carbon Intensive is Citicorp LLC's Location?
Citicorp LLC's Scope 3 Categories Breakdown
Citicorp LLC'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.
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Citicorp LLC'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.
Citicorp LLC 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.
