Following the murder of George Floyd, we felt an incredible responsibility to not only say something, but to act. In the midst of a global pandemic that disproportionately impacted communities of color, we had to take a hard look at ourselves and our own contribution to the status quo. More importantly, we had to use our power – as individuals, as a company and as an industry – to turn the lessons of tragedy into a lasting transformative movement toward greater equality.
" ], "url": "/2021/11/action-for-racial-equity-one-year-later/", "comment_count": "no comments", "tags": [], "html": "\n\t\t\tBy Jane Fraser, CEO\n\t\t\tNovember 10, 2021 09:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tFollowing the murder of George Floyd, we felt an incredible responsibility to not only say something, but to act. In the midst of a global pandemic that disproportionately impacted communities of color, we had to take a hard look at ourselves and our own contribution to the status quo. More importantly, we had to use our power – as individuals, as a company and as an industry – to turn the lessons of tragedy into a lasting transformative movement toward greater equality.
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\n\t\t\n\t\t\n\t\tOn November 11, we will observe Veterans Day in the U.S. and Remembrance Day in the UK to pay tribute to those who have served their country. At Citi, we recognize the month of November as Veterans and Military Families Month. This month has particular meaning for me because I am a veteran and my family has been by my side through it all, both good and bad. Many of my family members and my close circle of friends are either veterans or are currently serving on active duty around the globe. In fact, both my son and future son-in-law currently serve as officers in the U.S. Marine Corps.
" ], "url": "/2021/11/investing-in-veterans/", "comment_count": "2 comments", "tags": [], "html": "\n\t\t\tBy Michael Steinbach, Citi Salutes Co-Lead and Head of Fraud Prevention, Global Consumer Bank\n\t\t\tNovember 08, 2021 03:15 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tOn November 11, we will observe Veterans Day in the U.S. and Remembrance Day in the UK to pay tribute to those who have served their country. At Citi, we recognize the month of November as Veterans and Military Families Month. This month has particular meaning for me because I am a veteran and my family has been by my side through it all, both good and bad. Many of my family members and my close circle of friends are either veterans or are currently serving on active duty around the globe. In fact, both my son and future son-in-law currently serve as officers in the U.S. Marine Corps.
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\n\t\t\n\t\t\n\t\tFinancial products, medicine, education, a home, electricity, clean water. Lack of access to basic necessities leaves billions of people around the world without a path to economic and social stability or growth. Despite recent progress, 1.7 billion people still do not own a bank account; 760 million people are not able to access electricity; and almost 265 million children don't go to school. The global pandemic has exacerbated these challenges and reaffirmed the urgency required to address them.
" ], "url": "/2021/10/expanding-citis-commitment-to-social-finance/", "comment_count": "4 comments", "tags": [], "html": "\n\t\t\tBy Jorge Rubio Nava, Global Head, Citi Social Finance\n\t\t\tOctober 28, 2021 08:30 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tFinancial products, medicine, education, a home, electricity, clean water. Lack of access to basic necessities leaves billions of people around the world without a path to economic and social stability or growth. Despite recent progress, 1.7 billion people still do not own a bank account; 760 million people are not able to access electricity; and almost 265 million children don't go to school. The global pandemic has exacerbated these challenges and reaffirmed the urgency required to address them.
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\n\t\t\n\t\t\n\t\tWe believe that by advancing our commitments to help close the racial wealth gap in the United States we can have a meaningful impact on our colleagues, clients and the communities we serve. Measurement and transparency are important components of the work we are doing to advance diversity, equity and inclusion, both at our bank and through our contributions to our communities and society more generally. We have shown our commitment to these principles when we set and disclosed our representation goals and shared the results of our pay equity analysis. Today, we're demonstrating our ongoing support for measurement and transparency by committing to conduct a racial equity audit.
" ], "url": "/2021/10/citi-will-conduct-a-racial-equity-audit/", "comment_count": "11 comments", "tags": [], "html": "\n\t\t\tBy Edward Skyler, Executive Vice President, Citi\n\t\t\tOctober 22, 2021 01:30 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tWe believe that by advancing our commitments to help close the racial wealth gap in the United States we can have a meaningful impact on our colleagues, clients and the communities we serve. Measurement and transparency are important components of the work we are doing to advance diversity, equity and inclusion, both at our bank and through our contributions to our communities and society more generally. We have shown our commitment to these principles when we set and disclosed our representation goals and shared the results of our pay equity analysis. Today, we're demonstrating our ongoing support for measurement and transparency by committing to conduct a racial equity audit.
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\n\t\t\n\t\t\n\t\tOver the past year, Citi has made strides in our efforts to transition to a net zero economy, from launching our updated Sustainable Progress Strategy to committing to net zero emissions by 2050. While we're hard at work transitioning our business and charting our course forward, we know we cannot tackle climate change alone. Achieving a net zero future will require collaboration and engagement across our full set of stakeholders – our clients, industry peers, investors, NGO partners, communities, and policy makers.
" ], "url": "/2021/10/mobilizing-collective-action-to-address-climate-change/", "comment_count": "no comments", "tags": [], "html": "\n\t\t\tBy Bridget Fawcett, Val Smith, Keith Tuffley and David Walker\n\t\t\tOctober 20, 2021 09:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tOver the past year, Citi has made strides in our efforts to transition to a net zero economy, from launching our updated Sustainable Progress Strategy to committing to net zero emissions by 2050. While we're hard at work transitioning our business and charting our course forward, we know we cannot tackle climate change alone. Achieving a net zero future will require collaboration and engagement across our full set of stakeholders – our clients, industry peers, investors, NGO partners, communities, and policy makers.
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\n\t\t\n\t\t\n\t\tWe could not be prouder to share that eight senior leaders at Citi have been recognized among this year's American Banker \"Most Powerful Women\" rankings. Citi has also been recognized as one of the top teams overall for this year's rankings. We applaud their inspiring leadership, ability to challenge the status quo and all the work they do to advance progress within our industry and beyond.
" ], "url": "/2021/10/citi-leaders-named-to-american-bankers-2021-most-powerful-women-lists/", "comment_count": "1 comment", "tags": [], "html": "\n\t\t\tBy Sara Wechter, Global Head of Human Resources, Citi \n\t\t\tOctober 06, 2021 09:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tWe could not be prouder to share that eight senior leaders at Citi have been recognized among this year's American Banker \"Most Powerful Women\" rankings. Citi has also been recognized as one of the top teams overall for this year's rankings. We applaud their inspiring leadership, ability to challenge the status quo and all the work they do to advance progress within our industry and beyond.
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\n\t\t\n\t\t\n\t\tWith an increasing expectation of corporations to respond to the challenges facing our society, it's not enough for businesses to say they stand for something – we know that action is needed to truly help solve a problem. At Citi, this has been the mission underpinning our work and decisions every day. Our Environmental, Social and Governance (ESG) agenda is not a new strategic development, and we believe we can be our best by embedding our ESG priorities into our core businesses, working alongside our clients.
" ], "url": "/2021/10/demonstrating-our-leadership-in-the-green-and-social-bond-market/", "comment_count": "3 comments", "tags": [], "html": "\n\t\t\tBy Mark Mason, Chief Financial Officer, Citi\n\t\t\tOctober 01, 2021 09:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tWith an increasing expectation of corporations to respond to the challenges facing our society, it's not enough for businesses to say they stand for something – we know that action is needed to truly help solve a problem. At Citi, this has been the mission underpinning our work and decisions every day. Our Environmental, Social and Governance (ESG) agenda is not a new strategic development, and we believe we can be our best by embedding our ESG priorities into our core businesses, working alongside our clients.
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\n\t\t\n\t\t\n\t\tThe small businesses that line our streets, employ our neighbors, provide the goods and services we rely on everyday, and generally serve as the foundation of our economy, are starting to bounce back – but not all of them.
" ], "url": "/2021/07/extending-citi-foundations-support-for-community-organizations-to-back-small-businesses/", "comment_count": "9 comments", "tags": [], "html": "\n\t\t\tBy Brandee McHale, Head of Citi Community Investing & Development and President of Citi Foundation\n\t\t\tJuly 21, 2021 09:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tThe small businesses that line our streets, employ our neighbors, provide the goods and services we rely on everyday, and generally serve as the foundation of our economy, are starting to bounce back – but not all of them.
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\n\t\t\n\t\t\n\t\tWhile our company is undergoing a transformation and many things are changing, one thing has remained constant – our colleagues' passion for service and volunteering their time to make a positive impact in local communities. More than a year into COVID-19, this commitment to volunteerism did not waver as we saw the many challenges continuing to face our communities around the world.
" ], "url": "/2021/07/making-a-meaningful-impact-through-volunteerism/", "comment_count": "8 comments", "tags": [], "html": "\n\t\t\tBy Brandee McHale, Head of Citi Community Investing & Development and President of Citi Foundation\n\t\t\tJuly 15, 2021 09:30 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tWhile our company is undergoing a transformation and many things are changing, one thing has remained constant – our colleagues' passion for service and volunteering their time to make a positive impact in local communities. More than a year into COVID-19, this commitment to volunteerism did not waver as we saw the many challenges continuing to face our communities around the world.
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\n\t\t\n\t\t\n\t\tWhen the Citi Foundation and Living Cities launched the City Accelerator in 2014, we envisioned this initiative as an \"innovation lab\" for cities to create systemic solutions to their most pressing challenges. Limited by cyclical changes in leadership and long-established processes, it was challenging for cities to pursue innovative and embed solutions in their municipal systems to drive more meaningful and enduring impacts. With the City Accelerator, we endeavored to provide a space where cities would be supported and encouraged to test and scale new ways to reach their underserved and low-income residents by fostering collaboration across municipal systems and between urban leaders to accelerate the permanent adoption of innovative practices that drive better outcomes.
" ], "url": "/2021/07/city-accelerator-initiative-earns-national-recognition-for-public-private-partnership/", "comment_count": "1 comment", "tags": [], "html": "\n\t\t\tBy Kristen Scheyder, Senior Program Officer, Citi Foundation and Elizabeth Reynoso, Associate Director, Living Cities\n\t\t\tJuly 13, 2021 02:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tWhen the Citi Foundation and Living Cities launched the City Accelerator in 2014, we envisioned this initiative as an \"innovation lab\" for cities to create systemic solutions to their most pressing challenges. Limited by cyclical changes in leadership and long-established processes, it was challenging for cities to pursue innovative and embed solutions in their municipal systems to drive more meaningful and enduring impacts. With the City Accelerator, we endeavored to provide a space where cities would be supported and encouraged to test and scale new ways to reach their underserved and low-income residents by fostering collaboration across municipal systems and between urban leaders to accelerate the permanent adoption of innovative practices that drive better outcomes.
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\n\t\t\n\t\t\n\t\tBy many accounts, the COVID-19 pandemic has disproportionately impacted women, people with lower incomes, and people of color, especially in the US. Simultaneously, increasing calls for racial justice reminds us that there is much more work to be done to address longstanding racial bias and inequity. At Citi, we are committed to using our core business capabilities and being a part of the solution to address systemic barriers.
" ], "url": "/2021/07/our-approach-to-embedding-racial-and-gender-equity-into-asset-management/", "comment_count": "1 comment", "tags": [], "html": "\n\t\t\tBy David Bailin, Chief Investment Officer and Global Head of Investments, Citi Global\n\t\t\tJuly 07, 2021 11:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tBy many accounts, the COVID-19 pandemic has disproportionately impacted women, people with lower incomes, and people of color, especially in the US. Simultaneously, increasing calls for racial justice reminds us that there is much more work to be done to address longstanding racial bias and inequity. At Citi, we are committed to using our core business capabilities and being a part of the solution to address systemic barriers.
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\n\t\t\n\t\t\n\t\tCiti and the State of Texas have a deep relationship that dates back to the 1870s and the financing of the Great Northern Railroad of Texas and the New York & Texas Land Company, which served to expand settlement and commerce to the State. We opened our first office in Texas in 1919 in Dallas, and today we have more than 8,500 employees who call Texas home.
" ], "url": "/2021/06/citi-looks-forward-to-continuing-to-serve-texas/", "comment_count": "2 comments", "tags": [], "html": "\n\t\t\tBy Ed Skyler, Head of Global Public Affairs, Citi\n\t\t\tJune 23, 2021 03:30 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tCiti and the State of Texas have a deep relationship that dates back to the 1870s and the financing of the Great Northern Railroad of Texas and the New York & Texas Land Company, which served to expand settlement and commerce to the State. We opened our first office in Texas in 1919 in Dallas, and today we have more than 8,500 employees who call Texas home.
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\n\t\t\n\t\t\n\t\tClimate change is already impacting our daily lives and creating an imperative that we address this challenge now with our best thinking and resources. Transitioning to a net zero global economy by 2050, which is a goal to which we are committed as a founding signatory of the Net Zero Banking Alliance (NZBA), will not be easy for us. Nor will it be for our clients who are looking to do the same.
" ], "url": "/2021/05/hosting-our-sustainability-conference-is-just-one-step-toward-achieving-net-zero/", "comment_count": "10 comments", "tags": [], "html": "\n\t\t\tBy Paco Ybarra, CEO of Citi's Institutional Clients Group\n\t\t\tMay 27, 2021 04:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tClimate change is already impacting our daily lives and creating an imperative that we address this challenge now with our best thinking and resources. Transitioning to a net zero global economy by 2050, which is a goal to which we are committed as a founding signatory of the Net Zero Banking Alliance (NZBA), will not be easy for us. Nor will it be for our clients who are looking to do the same.
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\n\t\t\n\t\t\n\t\tAt Citi, we are committed to inclusive business practices and policies because it is the right thing to do and because it leads to a better company culture, increased customer satisfaction, and improved business performance. Today, Citi signed the Human Rights Campaign's Business Statement Opposing Anti-LGBTQ+ State Legislation, reiterating our belief all people have a fundamental right to equality and opposing harmful legislation aimed at restricting the access of LGBTQ+ people in society.
" ], "url": "/2021/05/citi-signs-human-rights-campaigns-business-statement-opposing-anti-lgbtq-state-legislation/", "comment_count": "7 comments", "tags": [], "html": "\n\t\t\tBy Paco Ybarra and Tim Monger, Citi Pride Affinity Co-Leads\n\t\t\tMay 17, 2021 09:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tAt Citi, we are committed to inclusive business practices and policies because it is the right thing to do and because it leads to a better company culture, increased customer satisfaction, and improved business performance. Today, Citi signed the Human Rights Campaign's Business Statement Opposing Anti-LGBTQ+ State Legislation, reiterating our belief all people have a fundamental right to equality and opposing harmful legislation aimed at restricting the access of LGBTQ+ people in society.
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\n\t\t\n\t\t\n\t\tSeven years ago, the Citi Foundation launched the Pathways to Progress initiative to help equip young people with the skills and experiences they need to forge a successful future in the long wake of the Great Recession – a time when youth endured the worst of the economic fallout. Since its inception, the Citi Foundation has already impacted the lives of more than one million young people around the world through $230 million of grant investments, providing them with the mentorship, entrepreneurship training, and work experience that not only build up resumes and CVs, but also their confidence.
" ], "url": "/2021/04/investing-in-positive-change-with-our-us-pathways-to-progress-partners/", "comment_count": "1 comments", "tags": [], "html": "\n\t\t\tBy Florencia Spangaro, Chief Operating Officer, Citi Foundation\n\t\t\tApril 28, 2021 09:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tSeven years ago, the Citi Foundation launched the Pathways to Progress initiative to help equip young people with the skills and experiences they need to forge a successful future in the long wake of the Great Recession – a time when youth endured the worst of the economic fallout. Since its inception, the Citi Foundation has already impacted the lives of more than one million young people around the world through $230 million of grant investments, providing them with the mentorship, entrepreneurship training, and work experience that not only build up resumes and CVs, but also their confidence.
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\n\t\t\n\t\t\n\t\tOver the last year through the COVID-19 pandemic, Citi has been focused on ensuring, above all else, the health and safety of our colleagues and loved ones – and supporting the economic security of those most impacted by the pandemic. On this 51st Earth Day, we recognize that our fight against COVID-19 isn't over, but that it's also not too early to reflect on the lessons we've learned and how they apply to the longer-term climate crisis.
" ], "url": "/2021/04/reinforcing-our-sustainability-commitments-on-earth-day/", "comment_count": "4 comments", "tags": [], "html": "\n\t\t\tBy Val Smith, Chief Sustainability Officer, Citi\n\t\t\tApril 22, 2021 10:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tOver the last year through the COVID-19 pandemic, Citi has been focused on ensuring, above all else, the health and safety of our colleagues and loved ones – and supporting the economic security of those most impacted by the pandemic. On this 51st Earth Day, we recognize that our fight against COVID-19 isn't over, but that it's also not too early to reflect on the lessons we've learned and how they apply to the longer-term climate crisis.
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\n\t\t\n\t\t\n\t\tI am thankful that justice has been served in the murder of George Floyd. This was never an open-shut case, despite what we clearly witnessed in those horrifying videos from last summer. That's the reality of race in America. And that's why the verdict brought out such a strong reaction. You might have heard it: on Tuesday, April 20th, 2021, at 5:06 pm ET, an unrehearsed choir of millions letting out the loudest, most harmonized sigh of relief for a man who could not take a breath.
" ], "url": "/2021/04/relieved-yes-satisfied-no/", "comment_count": "8 comments", "tags": [], "html": "\n\t\t\tBy Mark Mason, CFO\n\t\t\tApril 21, 2021 05:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tI am thankful that justice has been served in the murder of George Floyd. This was never an open-shut case, despite what we clearly witnessed in those horrifying videos from last summer. That's the reality of race in America. And that's why the verdict brought out such a strong reaction. You might have heard it: on Tuesday, April 20th, 2021, at 5:06 pm ET, an unrehearsed choir of millions letting out the loudest, most harmonized sigh of relief for a man who could not take a breath.
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\n\t\t\n\t\t\n\t\tThe last year has marked major steps in Citi's commitment to combating the climate crisis. In July 2020, we announced our new five-year, 2025 Sustainable Progress Strategy to help accelerate the transition to a low-carbon economy, including a $250 billion environmental finance goal. Just last month, we announced our commitment to net zero emissions by 2050 and laid out the first steps we'll take to get there.
" ], "url": "/2021/04/citi-commits-1-trillion-to-sustainable-finance-by-2030/", "comment_count": "10 comments", "tags": [], "html": "\n\t\t\tBy Ed Skyler, Head of Global Public Affairs, Citi\n\t\t\tApril 15, 2021 10:15 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tThe last year has marked major steps in Citi's commitment to combating the climate crisis. In July 2020, we announced our new five-year, 2025 Sustainable Progress Strategy to help accelerate the transition to a low-carbon economy, including a $250 billion environmental finance goal. Just last month, we announced our commitment to net zero emissions by 2050 and laid out the first steps we'll take to get there.
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\n\t\t\n\t\t\n\t\tInvesting in our talent and culture is one of our top five priorities at Citi because we appreciate that Citi's competitive advantage is our people. There is tremendous momentum behind our efforts to create a diverse, equitable and inclusive culture – from our pay equity work, representation goals, expansion of diverse interview panels and interview slates, unique engagement with Historically Black Colleges and Universities (HBCUs) and more. We've made it a habit to set clear and attainable goals to measure our progress and hold us all accountable for diversity at Citi, and we're just getting started.
" ], "url": "/2021/03/our-new-chief-diversity-equity-and-inclusion-officer-and-global-head-of-talent/", "comment_count": "10 comments", "tags": [], "html": "\n\t\t\tBy Sara Wechter, Head of Human Resources\n\t\t\tMarch 26, 2021 08:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tInvesting in our talent and culture is one of our top five priorities at Citi because we appreciate that Citi's competitive advantage is our people. There is tremendous momentum behind our efforts to create a diverse, equitable and inclusive culture – from our pay equity work, representation goals, expansion of diverse interview panels and interview slates, unique engagement with Historically Black Colleges and Universities (HBCUs) and more. We've made it a habit to set clear and attainable goals to measure our progress and hold us all accountable for diversity at Citi, and we're just getting started.
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\n\t\t\n\t\t\n\t\tI vividly remember March 6 last year. It was a Friday. I left the office and walked down to the grocery store to stock up and there was not one vegetable—fresh or frozen—left on any of the shelves. That was when it really hit me that life had changed. Over the course of this past year writing my notes to everyone, I often wondered when it would make sense to write this particular note, laying out how we are thinking about the future of work at Citi when we head back into the office post-vaccines. While we're not at the end of the road yet, I think the time is now right to begin planning for what that looks like.
" ], "url": "/2021/03/latest-update-on-the-future-of-work-at-citi/", "comment_count": "18 comments", "tags": [], "html": "\n\t\t\tBy Jane Fraser, Chief Executive Officer, Citi\n\t\t\tMarch 24, 2021 01:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tI vividly remember March 6 last year. It was a Friday. I left the office and walked down to the grocery store to stock up and there was not one vegetable—fresh or frozen—left on any of the shelves. That was when it really hit me that life had changed. Over the course of this past year writing my notes to everyone, I often wondered when it would make sense to write this particular note, laying out how we are thinking about the future of work at Citi when we head back into the office post-vaccines. While we're not at the end of the road yet, I think the time is now right to begin planning for what that looks like.
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\n\t\t\n\t\t\n\t\tTwo weeks ago, we announced our intention to have net zero emissions by 2050. We are hard at work developing our net zero plan, and we will report on our progress along the way. However, as the world's most global bank, we acknowledge that we are connected with many carbon-intensive sectors that have driven global economic development for decades. Our work to achieve net zero emissions by 2050 therefore makes it imperative that we work with our clients, including our fossil fuel clients, to help them and the energy systems that we all rely on to transition to a net-zero economy.
" ], "url": "/2021/03/first-steps-towards-net-zero/", "comment_count": "no comments", "tags": [], "html": "\n\t\t\tBy Val Smith, Chief Sustainability Officer, Citi\n\t\t\tMarch 23, 2021 12:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tTwo weeks ago, we announced our intention to have net zero emissions by 2050. We are hard at work developing our net zero plan, and we will report on our progress along the way. However, as the world's most global bank, we acknowledge that we are connected with many carbon-intensive sectors that have driven global economic development for decades. Our work to achieve net zero emissions by 2050 therefore makes it imperative that we work with our clients, including our fossil fuel clients, to help them and the energy systems that we all rely on to transition to a net-zero economy.
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\n\t\t\n\t\t\n\t\tLimited natural resources and a growing population means we must rethink the ways we extract, design, produce and use materials. In the 2025 Sustainable Progress Strategy we announced last year, we articulated Citi's ambition to play a leading role in driving the transition to a low-carbon economy, and this means supporting our corporate clients as they transition to more sustainable business models.
" ], "url": "/2021/03/putting-our-2025-sustainable-progress-strategy-into-action/", "comment_count": "no comments", "tags": [], "html": "\n\t\t\tBy Courtney Lowrance and Sanaa Mehra, BCMA\n\t\t\tMarch 11, 2021 12:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tLimited natural resources and a growing population means we must rethink the ways we extract, design, produce and use materials. In the 2025 Sustainable Progress Strategy we announced last year, we articulated Citi's ambition to play a leading role in driving the transition to a low-carbon economy, and this means supporting our corporate clients as they transition to more sustainable business models.
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\n\t\t\n\t\t\n\t\tIt's remarkable to be approaching the one-year mark of COVID-19 impacting the way we work and live. While there is real momentum behind vaccine distribution in the U.S., we know that frequent testing is one of the best tools we have at our disposal today for helping to decrease the transmission of COVID-19. Until vaccines are widely available and large numbers of individuals are fully vaccinated across the U.S., rapid, at-home testing provides an opportunity for early identification of infection, which is key to breaking the chain of transmission of COVID-19.
" ], "url": "/2021/03/bringing-rapid-at-home-covid-19-testing/", "comment_count": "10 comments", "tags": [], "html": "\n\t\t\tBy Dr. Lori Zimmerman, Corporate Medical Director, Citi\n\t\t\tMarch 10, 2021 08:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tIt's remarkable to be approaching the one-year mark of COVID-19 impacting the way we work and live. While there is real momentum behind vaccine distribution in the U.S., we know that frequent testing is one of the best tools we have at our disposal today for helping to decrease the transmission of COVID-19. Until vaccines are widely available and large numbers of individuals are fully vaccinated across the U.S., rapid, at-home testing provides an opportunity for early identification of infection, which is key to breaking the chain of transmission of COVID-19.
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\n\t\t\n\t\t\n\t\tAs we celebrate International Women's Day, it is time to incorporate and measure gender diversity targets to demonstrate that the issue of women's empowerment is not limited to only one day per year. The investor and finance communities are eager to support these initiatives, and we are seeing the most ambitious companies already linking their financing directly to gender and diversity-related metrics.
" ], "url": "/2021/03/measuring-gender-equality-progress/", "comment_count": "no comments", "tags": [], "html": "\n\t\t\tBy Karolina Burmeister, CCO of Citi Finland\n\t\t\tMarch 09, 2021 12:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tAs we celebrate International Women's Day, it is time to incorporate and measure gender diversity targets to demonstrate that the issue of women's empowerment is not limited to only one day per year. The investor and finance communities are eager to support these initiatives, and we are seeing the most ambitious companies already linking their financing directly to gender and diversity-related metrics.
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\n\t\t\n\t\t\n\t\tThe theme of this year's International Women's Day (IWD) is \"Choose to Challenge,\" a phrase that prompts each of us to think proactively about how we can help forge a gender equal world.
" ], "url": "/2021/03/challenge-accepted/", "comment_count": "no comments", "tags": [], "html": "\n\t\t\tBy Peter Babej, Citi Asia Pacific CEO\n\t\t\tMarch 05, 2021 09:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tThe theme of this year's International Women's Day (IWD) is \"Choose to Challenge,\" a phrase that prompts each of us to think proactively about how we can help forge a gender equal world.
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\n\t\t\n\t\t\n\t\tA year ago, everything changed. We have each been impacted personally and professionally in ways we never could have imagined. The global pandemic propelled us into crisis response quickly, yet the road back to stability and prosperity will take longer. While vaccines will protect our physical health, we are continuing to see the devastating economic impacts of COVID-19, especially on small businesses and minority entrepreneurs. Research from the National Bureau of Economic Research shows that Black-owned businesses are closing at more than twice the rate of white-owned businesses, and experiencing declines in cash balances nine times as steep. Small businesses are the foundation of our communities and economy – and ensuring their equitable recovery is a critical piece of our collective recovery.
" ], "url": "/2021/03/delivering-technical-assistance-to-small-businesses-in-need/", "comment_count": "no comments", "tags": [], "html": "\n\t\t\tBy Brandee McHale, Head of Community Investing and Development and President of Citi Foundation \n\t\t\tMarch 04, 2021 09:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tA year ago, everything changed. We have each been impacted personally and professionally in ways we never could have imagined. The global pandemic propelled us into crisis response quickly, yet the road back to stability and prosperity will take longer. While vaccines will protect our physical health, we are continuing to see the devastating economic impacts of COVID-19, especially on small businesses and minority entrepreneurs. Research from the National Bureau of Economic Research shows that Black-owned businesses are closing at more than twice the rate of white-owned businesses, and experiencing declines in cash balances nine times as steep. Small businesses are the foundation of our communities and economy – and ensuring their equitable recovery is a critical piece of our collective recovery.
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\n\t\t\n\t\t\n\t\tThe climate crisis is among the top critical challenges facing our global society and economy today and there is an urgent need for collective action. We believe that global financial institutions like Citi have the opportunity – and the responsibility – to play a leading role in helping drive the transition to a net zero global economy and make good on the promise of the Paris Agreement.
" ], "url": "/2021/03/citis-commitment-to-net-zero-by-2050/", "comment_count": "8 comments", "tags": [], "html": "\n\t\t\tBy Jane Fraser, CEO, Citi\n\t\t\tMarch 01, 2021 11:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tThe climate crisis is among the top critical challenges facing our global society and economy today and there is an urgent need for collective action. We believe that global financial institutions like Citi have the opportunity – and the responsibility – to play a leading role in helping drive the transition to a net zero global economy and make good on the promise of the Paris Agreement.
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\n\t\t\n\t\t\n\t\tYesterday, the United States House of Representatives passed The Equality Act, which would amend existing civil rights laws to provide non-discrimination protections to Lesbian, Gay, Bisexual, Transgender, Queer, Intersex, and Asexual people across key areas, including employment, housing, credit, education, and jury duty. By amending these federal laws to include sexual orientation and gender identity, the historic legislation would ensure that LGBTQ+ Americans are afforded the same rights as other protected groups.
" ], "url": "/2021/02/citis-continued-support-of-the-us-equality-act/", "comment_count": "1 comment", "tags": [], "html": "\n\t\t\tBy Paco Ybarra and Tim Monger, Citi Pride Affinity Co-Leads\n\t\t\tFebruary 26, 2021 03:30 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tYesterday, the United States House of Representatives passed The Equality Act, which would amend existing civil rights laws to provide non-discrimination protections to Lesbian, Gay, Bisexual, Transgender, Queer, Intersex, and Asexual people across key areas, including employment, housing, credit, education, and jury duty. By amending these federal laws to include sexual orientation and gender identity, the historic legislation would ensure that LGBTQ+ Americans are afforded the same rights as other protected groups.
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\n\t\t\n\t\t\n\t\tWith the reopening of the Small Business Administration's Paycheck Protection Program this year, we are once again working to help provide much needed funding for the backbone of our economy. We know that many small business owners have questions about obtaining PPP loans.
" ], "url": "/2021/02/helping-small-businesses-navigate-the-ppp-application-and-loan-forgiveness-process/", "comment_count": "195 comments", "tags": [], "html": "\n\t\t\tBy Kathryn Chase, Head of US Retail Business Banking\n\t\t\tFebruary 23, 2021 01:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tWith the reopening of the Small Business Administration's Paycheck Protection Program this year, we are once again working to help provide much needed funding for the backbone of our economy. We know that many small business owners have questions about obtaining PPP loans.
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\n\t\t\n\t\t\n\t\tThroughout my career, I have been fortunate to be an active member of several collectives and professional organizations whose purposes aim to improve racial equity and justice in housing finance, community development, corporate talent pipeline, and leadership. I would like to highlight two such groups that are particularly important to me - The Executive Leadership Council (ELC) and Citi's Black Managing Directors (Black MDs).
" ], "url": "/2021/02/reflecting-on-black-history-month-and-the-road-ahead/", "comment_count": "5 comments", "tags": [], "html": "\n\t\t\tBy Lloyd W. Brown, II, Managing Director & Head, CRA Regulatory Group\n\t\t\tFebruary 11, 2021 02:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tThroughout my career, I have been fortunate to be an active member of several collectives and professional organizations whose purposes aim to improve racial equity and justice in housing finance, community development, corporate talent pipeline, and leadership. I would like to highlight two such groups that are particularly important to me - The Executive Leadership Council (ELC) and Citi's Black Managing Directors (Black MDs).
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\n\t\t\n\t\t\n\t\tIn 1976, Gerald Ford became the first U.S. President to recognize Black History Month. He called upon the public to \"seize the opportunity to honor the too-often neglected accomplishments of Black Americans in every area of endeavor throughout our history.\" Today as a nation we're still trying to answer this call.
" ], "url": "/2021/02/how-can-we-stand-together-when-were-so-far-apart/", "comment_count": "3 comments", "tags": [], "html": "\n\t\t\tBy Leah Wallace, Senior Vice President of Workforce Development, Diversity, & Inclusion at Citi Retail Services\n\t\t\tFebruary 01, 2021 02:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tIn 1976, Gerald Ford became the first U.S. President to recognize Black History Month. He called upon the public to \"seize the opportunity to honor the too-often neglected accomplishments of Black Americans in every area of endeavor throughout our history.\" Today as a nation we're still trying to answer this call.
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\n\t\t\n\t\t\n\t\tOne of our Team Citi golfers, Justin Thomas, used an anti-gay slur to describe his own effort after missing a putt. Citi is a strong advocate for the LGBTQ+ community and equality more generally, and we found Justin Thomas' language beyond offensive and in sharp contrast to what we stand for as a company. While he recognized how wrong his language was and apologized, we have made it clear to Justin that an apology alone isn't sufficient.
" ], "url": "/2021/01/when-an-apology-is-not-enough/", "comment_count": "23 comments", "tags": [], "html": "\n\t\t\tBy Carla Hassan\n\t\t\tJanuary 25, 2021 12:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tOne of our Team Citi golfers, Justin Thomas, used an anti-gay slur to describe his own effort after missing a putt. Citi is a strong advocate for the LGBTQ+ community and equality more generally, and we found Justin Thomas' language beyond offensive and in sharp contrast to what we stand for as a company. While he recognized how wrong his language was and apologized, we have made it clear to Justin that an apology alone isn't sufficient.
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\n\t\t\n\t\t\n\t\tFour years ago, we were the first bank to disclose our adjusted pay results and the following year we became one of the first companies to disclose our unadjusted or \"raw\" pay gaps for both women and US minorities. Our commitment to that transparency continues today.
" ], "url": "/2021/01/citis-latest-update-on-global-pay-equity/", "comment_count": "4 comments", "tags": [], "html": "\n\t\t\tBy Sara Wechter, Head of Human Resources\n\t\t\tJanuary 21, 2021 03:00 PM\n\t\t
\n\t\t\n\t\t\n\t\t\tFour years ago, we were the first bank to disclose our adjusted pay results and the following year we became one of the first companies to disclose our unadjusted or \"raw\" pay gaps for both women and US minorities. Our commitment to that transparency continues today.
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\n\t\t\n\t\t\n\t\tPreconceived notions about race are preventing us from building truly inclusive communities. That's a point our friend and former Chairman of Citigroup, Dick Parsons, made when he recently caught up with CFO, Mark Mason, to reflect on a year in which systemic racism dominated the national conversation. During their chat, Dick recalled a comment that a white friend made in college that he's never forgotten…
" ], "url": "/2021/01/its-because-youre-different/", "comment_count": "7 comments", "tags": [], "html": "\n\t\t\tBy Dick Parsons, Former Chairman of Citigroup\n\t\t\tJanuary 18, 2021 11:00 AM\n\t\t
\n\t\t\n\t\t\n\t\t\tPreconceived notions about race are preventing us from building truly inclusive communities. That's a point our friend and former Chairman of Citigroup, Dick Parsons, made when he recently caught up with CFO, Mark Mason, to reflect on a year in which systemic racism dominated the national conversation. During their chat, Dick recalled a comment that a white friend made in college that he's never forgotten…
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