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Citigroup Inc
Citigroup's GHG Emissions Data Preview
In 2024, Citigroup completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Citigroup has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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cVerified Sources Behind Citigroup’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Citigroup’s data sources below and access millions more through our Disclosure Search.
Insights into Citigroup's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCitigroup amounted to490,582metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Citigroupdecreased by 2.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Citigroup's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Citigroup's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Citigroup were 53,455 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Citigroup reduced its Scope 1 emissions over time?
Since 2019, Citigroup's Scope 1 emissions have increased by 130.81%, reflecting a rising long-term trend in Scope 1 emissions over time.ae
Compared to the previous year(2023), Citigroup's Scope 1 emissions decreased by 2.6%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Citigroup's Scope 2 emissions?
In 2024, Citigroup reported Scope 2 greenhouse gas (GHG) emissions of 437,127 tCOâ‚‚e using the location-based method.a
Has Citigroup reduced its Scope 2 emissions over time?
Since 2019, Citigroup's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 24.02%, reflecting a declining long-term trend in Scope 2 emissions over time.ae
Compared to the previous year(2023), Citigroup's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Citigroup's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Citigroup use for Scope 2 reporting?
In 2024, Citigroup reported its Scope 2 emissions using the location-based method.a
Citigroup's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Citigroup's Value Chain Emissions
In 2024, Citigroup reported 70,805 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Citigroup includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,down from 8 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
Citigroup's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Citigroup's Scope 3 emissions?
In 2024, Citigroup reported total Scope 3 emissions of 70,805 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Citigroup reduced its Scope 3 emissions over time?
Since 2019, Citigroup's Scope 3 emissionshave decreased by 97.2%, reflecting a declining long-term trend in Scope 3 emissions over time.ad
Compared to the previous year (2023), Citigroup's Scope 3 emissions decreased by 99.89%, highlighting the company's efforts to lower indirect emissions from its value chain.ac
What categories of Scope 3 emissions does Citigroup disclose?
In 2024, Citigroup reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Citigroup's Scope 3 emissions?
In 2024, the largest contributors to Citigroup's Scope 3 emissions were:a
- Business Travel (Cat. 6): 70,805 tCOâ‚‚e(100%)
Citigroup's Scope 3 Emissions by Categories
Insights into Citigroup’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Citigroup reported Scope 1 greenhouse gas (GHG) emissions of 53,455 tCOâ‚‚e and total revenues of USD 81,091 millions. This translates into an emissions intensity of 0.66 tCOâ‚‚e per millions USD.a
Citigroup's Scope 1 Emissions Intensity Compared to Peers
How does Citigroup's GHG emissions intensity compare to its peers?
In 2024, Citigroup reported a Scope 1 emissions intensity of 0.66 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Citigroup rank on GHG emissions intensity within its industry?
In 2024, Citigroup ranked 16 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Citigroup is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Citigroup's Total Carbon Footprint
In 2024, Citigroup reported a total carbon footprint of 561,387 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 99.11% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ac
The largest contributor to Citigroup's total carbon footprint was Scope 2 emissions, accounting for 77.87% of the company's total carbon footprint, followed by Scope 3 emissions at 12.61%.a