Citigroup has published its 2005 Citizenship Report, which provides information on its environment, microfinance, financial market development, community lending, and workplace initiatives. Citigroup has reported with reference to the GRI guidelines for the fourth consecutive year. The report is available in PDF form at: www.citigroup.com/citigroup/citizen/community/annualrep […]
Some highlights include:
A statement from a group of Socially Responsible Investment (SRI) firms;
Expanded reporting on Citigroup’s Environmental and Social Risk Management (ESRM) Policy and Equator Principles implementation;
A case study on ISAGEN, a Colombian power company and client, highlighting input by our ESRM team that added value while demonstrating the business case for sustainability;
A commitment to reduce greenhouse gas emissions by 10% on a global basis by 2011;
Microfinance Group deals such as a $50 million local currency structured bond program for Financiera Compartamos, Mexico’s leading microfinance institution;
Establishment of a team of SRI Analysts to research environmental and social themes affecting major companies, and integrate findings into Citigroup’s equity research and investment processes;
Nearly $30 million awarded to support financial education programs in 68 countries, in the second year of Citigroup’s $200 million 10-year commitment to support financial education globally;
Financing offered by Citibank Community Development (CCD) for affordable housing and community revitalization projects across the U.S. grew to nearly $2.8 billion, with a record amount of community development investments exceeding $700 million; and
Triple-bottom-line accounting of Citigroup’s performance in 2005.
Questions or feedback should be directed to:
Helen.Steblecki@citigroup.com.
As a leading global financial services company, Citigroup has 200 million customer accounts and does business in 100 countries. Citigroup’s 300,000 employees around the world help to provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management.
Visit www.CorporateRegister.com to access this publication together with a further 11,000 CSR reports.
