Citigroup Global Markets Australia Holdings Pty Limited, commonly referred to as Citigroup Australia, is a prominent player in the financial services industry, headquartered in Sydney, Australia. Established as part of Citigroup Inc., a global financial powerhouse, the company has been serving clients since its inception, focusing on investment banking, securities, and wealth management. With a strong presence across major operational regions in Australia and the Asia-Pacific, Citigroup Australia offers a diverse range of core products and services, including capital markets solutions, advisory services, and risk management. What sets them apart is their commitment to innovation and client-centric solutions, ensuring they meet the evolving needs of their clientele. Recognised for their market leadership, Citigroup Australia has achieved significant milestones, including notable partnerships and awards that underscore their expertise and reliability in the financial sector.
How does Citigroup Global Markets Australia Holdings Pty 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.
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.
Citigroup Global Markets Australia Holdings Pty Limited's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Citigroup Global Markets Australia Holdings Pty Limited currently does not report specific carbon emissions data, as no emissions figures are available. The organisation is a current subsidiary of Citigroup Inc., which cascades its climate commitments and performance data down to its subsidiaries. While there are no documented reduction targets or specific climate pledges from Citigroup Global Markets Australia Holdings Pty Limited, it is important to note that the parent company, Citigroup Inc., has established various initiatives aimed at reducing carbon emissions. These initiatives include commitments to the Carbon Disclosure Project (CDP) and the RE100 initiative, both of which are cascaded to the Australian subsidiary. As a part of Citigroup Inc.'s broader sustainability strategy, the company is likely to align with industry standards and best practices in climate action, although specific targets and achievements for the Australian entity remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
| 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 | - | - | - |
Citigroup Global Markets Australia Holdings Pty Limited'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.
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.
Citigroup Global Markets Australia Holdings Pty 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.