Citigroup Inc

Common Name
Citigroup
Country
United States
Sector
Financial Services
Industry
Banks - Diversified
Employees
229,000
Ticker
C
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Citigroup Inc. is a leading global financial services corporation, providing a broad array of financial products and services to consumers, corporations, governments, and institutions. As a diversifie...

Citigroup's Climate Target Data Preview

As of 2023, Citigroup has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 3 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Citigroup ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Kilometer (km)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Citigroup's Greenhouse Gas Emissions Pathways

As of 2023, Citigroup has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Citigroup have a target to reduce the emissions from its operations?

As of 2023, Citigroup has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Citigroup's most ambitious operational target is to reduce these emissions by 45% by 2025, compared to a baseline of 967,689 Metric Tonnes of CO2 equivalent (mtCO2e) in 2010.

Citigroup has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2025 value, achieving its climate goal ahead of schedule.

Citigroup's Operational (Scope 1+2) Emissions Pathway

2010202320250250 k500 k750 k1 MBaselineCurrent (-49%)

Does Citigroup have a target to reduce the emissions from its value chain?

As of 2023, Citigroup has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Citigroup's most ambitious value chain target is to reduce these emissions by 90% by 2030, compared to a baseline of 7,900,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2022, Citigroup is ahead of schedule on its value chain emissions reduction target, having achieved 54.44% of the planned reduction.

Citigroup's Value Chain (Scope 3) Emissions Pathway

20212022203002 M4 M6 M8 MBaselineCurrent (-49%)Target 2030 (-90%)
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