• Citi $50 Billion Climate Change Investment Initiative

    18 July 2014

    In 2007, Citi set a landmark goal to direct $50 billion over 10 years to activities that mitigate climate change.

    Offshorewindpark Burbo Bank
    UKs-Wind-Power-Breaks-Record-by-Generating-6GWThe scope of this initiative includes internal operational projects as well as financing for alternative energy, energy efficiency, investments in clean technology, and lending for green affordable housing and other community assets. On 23 April citi announced that they have reached this goal three years early, directing $53.85 billion to these initiatives through the end of the year.

    Citi Director of Corporate Sustainability, Bruce Schlein, said: “The reaching of the $50 billion goal is something we can all be proud, and especially the numerous teams and individuals at Citi who contributed. While we’re very proud of what we’ve accomplished, we know there is still much more to be done. We are now preparing to establish a new environmental finance target, which would include climate mitigation activities as well as other financing to support the environment and help communities and cities adapt to our changing climate.”

    Video

    Listen to why ReThink HK 2022's key Partners and Sponsors are supporting us and what they're sharing at the conference this year!


    三年一度的建造業曯目盛事「建造創新博覽會2022」(創博會)及「2022 建造業議會創新獎」正式啟動喇!

     
    Gallery

    no images were found