Citigroup Global Markets Funding Luxembourg S.C.A., commonly referred to as Citigroup or Citi, is a prominent player in the financial services industry, headquartered in Luxembourg (LU). Established in 2009, the firm has rapidly evolved to become a key provider of funding solutions across Europe and beyond, focusing on capital markets and investment banking. Specialising in a range of services, including debt issuance and structured finance, Citigroup Global Markets Funding Luxembourg S.C.A. distinguishes itself through its innovative approach and robust risk management strategies. The company has achieved significant milestones, positioning itself as a trusted partner for institutional investors and corporations alike. With a strong market presence, Citigroup continues to leverage its global network and expertise, ensuring it remains at the forefront of the financial landscape, delivering tailored solutions that meet the diverse needs of its clients.
How does Citigroup Global Markets Funding Luxembourg S.C.A.'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 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 Funding Luxembourg S.C.A.'s score of 41 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Citigroup Global Markets Funding Luxembourg S.C.A. currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Citigroup Global Markets Limited, which may influence its climate-related strategies and commitments. As of now, there are no documented reduction targets or climate pledges from Citigroup Global Markets Funding Luxembourg S.C.A. This lack of specific data suggests that the company may be relying on broader corporate initiatives from its parent organisation, Citigroup Global Markets Limited, to guide its climate commitments. In the context of the financial services industry, many firms are increasingly focusing on sustainability and carbon reduction strategies. However, without specific emissions data or targets, it is challenging to assess Citigroup Global Markets Funding Luxembourg S.C.A.'s individual impact or commitments in this area.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,021,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 
| Scope 2 | 6,157,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 
| Scope 3 | 6,199,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 
Citigroup Global Markets Funding Luxembourg S.C.A.'s Scope 3 emissions, which increased by 16% last year and increased by approximately 13% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 48% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 88% of Scope 3 emissions.
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 Funding Luxembourg S.C.A. 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.
