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Citi has published its 2011 Global Citizenship Report

17/04/2012

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Citi published its 12th annual Global Citizenship Report today: http://citizenship.citigroup.com

The report covers the bank's performance in its social and environmental priority areas, informed by two centuries of experience in finance. Citi achieved a self-declared GRI Application Level of B against the Global Reporting Initiative's (GRI) G3.1 Guidelines.

Citi's key achievements in 2011 include:
  • Exceeding its 2011 goal to reduce operational greenhouse gas emissions by 10 percent from a 2005 baseline
  • Contributing $78 million from the Citi Foundation and $16 million from Citi Community Development to support economic empowerment and financial inclusion in underserved communities around the globe
  • Providing over $2.16 billion in financing for affordable housing in the U.S., making Citi the top lender according to Affordable Housing Finance for the second year in a row
  • Providing more than $290 million in funding to 32 microfinance institutions across 18 countries in partnership with the U.S. Overseas Private Investment Corporation (OPIC) since 2006; and announcing a $20 million term loan to support microentrepreneurs and small businesses in Indonesia
  • Committing $6.4 billion toward the $50 Billion Climate Initiative, which directs funding to activities and projects that mitigate climate change. This brings the cumulative total to $36.35 billion halfway through the 10-year initiative.
Citi is a global bank, connecting 1,000 cities in 160 countries and millions of people. Citizenship at Citi is based on the bank's commitment to its core principles - common purpose, responsible finance, ingenuity and leadership - and its efforts focus on ensuring that its actions are responsible and create value for clients, shareholders and communities.

Read the full report at http://citizenship.citigroup.com.

Download a free iPad app to read Citi's 2011 Global Citizenship Report here: http://itunes.apple.com/us/app/citi-news/id431387145?mt=8

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