Citigroup Inc

Investment Banking & Investment Services

Company Summary

Citigroup is a global financial institution with strong commitments to ESG principles, focusing on sustainable finance and corporate responsibility. The company has set ambitious goals, including net-zero emissions by 2050, and it actively invests in clean energy projects and green bonds. Citigroup’s ESG rating reflects its progress in renewable energy financing and its efforts to reduce its environmental impact. However, Citigroup has faced criticism over its continued financing of fossil fuel projects, which undermines its sustainability claims. The company also continues to deal with governance issues, including calls for greater diversity and inclusion within its leadership. Its ESG score reflects both its environmental commitments and the areas where it needs to improve, particularly in governance and social responsibility. For a balanced view, refer to Citigroup’s latest ESG report, which highlights both its successes and ongoing challenges. Citibank, a core division of Citigroup, is also dedicated to sustainability. The Citibank ESG Report and Citibank Sustainability Report outline the bank's initiatives to support a low-carbon economy, manage climate risks, and enhance community development. Citibank's sustainability efforts are reflected in its focus on renewable energy financing, responsible lending, and community programs. With operations divided into five main segments—services, markets, banking, U.S. personal banking, and wealth management—Citigroup offers a wide range of financial services, including corporate banking, investment banking, trading, and credit card services. Citigroup aims to contribute to sustainable growth by aligning its operations with ESG best practices, ensuring accountability, and addressing key sustainability challenges in the financial industry.

ESG Rating Overview

Sustainalytics

Overall ESG Rating :

21.9
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
Ranking
Industry Group
Banks334 out of 1026
Universe
Global Universe5421 out of 15104

Overall ESG Rating :

85
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E93S81G86

Overall ESG Rating :

A
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

Citi is average among 190 companies in the banks industry.

Temperature Rise :

2.7℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned

News from Citigroup Inc

FAQ

What is Citigroup's ESG score?

Citigroup has an ESG rating of "A" by MSCI, reflecting above-average performance in key ESG categories.

How does Citigroup perform in ESG rankings?

What ESG strategies does Citigroup employ?