Citifinancial Europe Limited Sustainability Profile
Citifinancial Europe Limited, a prominent player in the financial services sector, is headquartered in Great Britain. Established in the early 2000s, the company has carved a niche in consumer finance, offering a range of personal loans, credit products, and financial solutions tailored to meet diverse customer needs across Europe. With a strong operational presence in key markets, Citifinancial Europe Limited is recognised for its commitment to responsible lending and customer-centric services. The company’s unique approach combines competitive interest rates with flexible repayment options, making it a preferred choice for individuals seeking financial support. Notable achievements include a robust market position, bolstered by a reputation for reliability and innovation in the financial industry. As Citifinancial Europe Limited continues to evolve, it remains dedicated to empowering customers through accessible financial solutions.
DitchCarbon Score
How does Citifinancial Europe 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 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
Citifinancial Europe Limited's score of 43 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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Citifinancial Europe Limited, headquartered in Great Britain, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Citigroup Inc., which may influence its climate commitments and initiatives. As part of its corporate family, Citifinancial Europe Limited adheres to the sustainability and climate strategies set forth by Citigroup Inc. However, specific reduction targets or achievements at the subsidiary level are not detailed. The absence of documented reduction initiatives or climate pledges suggests that Citifinancial Europe Limited may rely on broader corporate policies established by its parent company. For context, Citigroup Inc. has made commitments to sustainability, which may include initiatives such as the RE100 programme, aimed at transitioning to 100% renewable energy. However, specific details regarding Citifinancial Europe Limited's individual climate commitments or emissions reduction targets are not available at this time.
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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 |
How Carbon Intensive is Citifinancial Europe Limited's Industry?
How Carbon Intensive is Citifinancial Europe Limited's Location?
Citifinancial Europe Limited's Scope 3 Categories Breakdown
Citifinancial Europe Limited's Scope 3 emissions, which increased by 21% last year and decreased by approximately 61% since 2006, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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Citifinancial Europe Limited'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.
Citifinancial Europe Limited 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.
