12/14/2023 0 Comments Citi the world's leading global bankThis new strategy, integrated into Citi’s Environmental and Social Policy Framework, will focus on three key areas over the next five years: With our $250 billion goal, we want to be a leading bank in driving the transition to a low-carbon economy, which we anticipate will accelerate as businesses of all kinds shift to a more sustainable future.” “ESG has been front and center in Citi’s response to this health crisis, and evermore present in conversations with clients and partners. “If there’s one lesson to be learned from the COVID-19 pandemic, it is that our economic and physical health and resilience, our environment and our social stability are inextricably linked,” said Michael Corbat, CEO of Citi. This builds on Citi’s previous $100 billion goal announced in 2015 and completed last year, more than four years ahead of schedule. This new strategy includes a $250 Billion Environmental Finance Goal to finance and facilitate climate solutions globally. New York Citi today announced its new five-year 2025 Sustainable Progress Strategy to help accelerate the transition to a low-carbon economy.
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