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Empowering cities, economies, peopleand sustainable growth:2014 Citi Global Citizenship Report

June 10, 2015
Brandee McHale, Head of Community Investing and Development at Citi and President of the Citi Foundation

 

Today we released our 2014 Global Citizenship Report – a look at our efforts to enable progress in the cities and communities in which we live and work. The report, Progress: Responding to Global Challenges, provides examples of how we invest, partner and act in a way that promotes economic growth and opportunities that are sustainable and impactful. Some key highlights include:

  • Sustainable growth: Citi committed to lend, invest and facilitate $100 billion toward environmental solutions and climate change reduction activities. We established 2020 environmental footprint goals, including 35% GHG emissions reduction, 30% energy and water reductions, 60% waste reduction and 33% of our real estate portfolio to be LEED certified. In 2014, Citi screened more than 400 client transactions for environmental and social risk.
  • Youth empowerment: The Citi Foundation launched Pathways to Progress, a three-year, $50 million initiative to help 100,000 low-income young people in 10 major U.S. cities prepare for employment. During its first year, the program assisted nearly 25,000 youth.
  • Financial inclusion: Citi lent $406 million to more than 1.2 million entrepreneurs—97% of them women—through 44 microfinance institutions in 25 countries and four continents and in partnership with the U.S. Government's Overseas Private Investment Corporation.
  • Innovation in cities: In collaboration with Living Cities, the Citi Foundation launched the City Accelerator, a $3 million program helping U.S. cities embed innovation into their service delivery to low-income residents. Citi also expanded Cities for Citizenship, a program originally launched with the mayors of Chicago, Los Angeles and New York, that empowers immigrants eligible for citizenship with access to financial and legal assistance in 15 U.S. cities.
  • Small business and housing: Citi lent $9.2 billion to over 75,000 small businesses and was recognized as #1 affordable housing lender, providing $3.2 billion in 2014.
  • Volunteerism: More than 70,000 Citi employees, families and friends across nearly 500 cities volunteered over 350,000 hours as part of Citi's Global Community Day in 2014.
  • Acting with integrity: Citi introduced a robust new Code of Conduct and ethics training platform for all employees worldwide.

In addition to highlighting the outstanding efforts of many partners, it features perspectives and reflections from partners and experts including John Rossant of the New Cities Foundation, Mindy Lubber of Ceres, Elizabeth Littlefield of Overseas Private Investment Corporation (OPIC), Chad Griffin of Human Rights Campaign (HRC), and David Miller, Professor, Princeton University and Business Ethics specialist.

To learn more about our citizenship efforts across the globe and to review the 2014 Global Citizenship Report, visit https://citizenship.citigroup.com/citi/about/global_citizenship.html.

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