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 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 53,455a | 54,881a | 59,493a | |
Total Scope 2 | ||||
Market-Based | N/A | 28,927c | 40,000b | |
Location-Based | 437,127a | 447,587a | 438,192a | |
Total Scope 3 | 70,805a | 62,530,000b | 81,140,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.6592a | 0.6992a | 0.79a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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.
In 2024, the total operational greenhouse gas (GHG) emissions of Citigroup amounted to 490,582 metric 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 Citigroup decreased by 2.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Citigroup were 53,455 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Citigroup's Scope 1 emissions have increased by 130.81%, reflecting a rising long-term trend in Scope 1 emissions over time.ad
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
In 2024, Citigroup reported Scope 2 greenhouse gas (GHG) emissions of 437,127 tCO₂e using the location-based method.a
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.ad
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
In 2024, Citigroup reported its Scope 2 emissions using the location-based method.a
In 2024, Citigroup reported 70,805 metric tons of CO₂ equivalent (tCO₂e) 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 1 of 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
In 2024, Citigroup reported total Scope 3 emissions of 70,805 metric tons of CO₂ equivalent (tCO₂e).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
Since 2019, Citigroup's Scope 3 emissions have decreased by 97.2%, reflecting a declining long-term trend in Scope 3 emissions over time.ae
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.ab
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.
In 2024, the largest contributors to Citigroup's Scope 3 emissions were:a
In 2024, Citigroup reported Scope 1 greenhouse gas (GHG) emissions of 53,455 tCO₂e and total revenues of USD 81,091 millions. This translates into an emissions intensity of 0.66 tCO₂e per millions USD.a
In 2024, Citigroup reported a Scope 1 emissions intensity of 0.66 tCO₂e per millions USD. Compared to the peer group median of 0.56, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Citigroup ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2024, Citigroup reported a total carbon footprint of 561,387 metric tons of CO₂ equivalent (tCO₂e) 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.ab
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