Results tagged as "global"

  • Promoting Excellence in Journalism

    June 02, 2016 10:00 AM

    The Citi Journalistic Excellence Award was established in 1982 as a way to recognize journalists for excellence in financial and business reporting in markets where Citi does business around the world. Since its inception, more than 300 talented journalists from over 100 media outlets in 37 countries have attended the seminar. The nominees are selected by independent panels assembled by Citi. The Columbia University Graduate School of Journalism screens the nominees and selects a winner for each region.

    This year, 19 winners from around the world will be invited to participate in an 8-day business and financial seminar in New York City administered by the Columbia University Graduate School of Journalism and sponsored by Citi. The program offers participants rigorous workshops in the principles of accounting and finance, and exposure to institutions, policy makers, and other thought leaders in the US. Every year the journalists able spend a day hearing from various Citi senior executives.

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  • Financing Infrastructure for an Urban Future

    By Julie Monaco, Global Head, Public Sector Group, Citi May 23, 2016 10:30 AM

    One of the most pressing issues that I see facing our clients around the world is the prioritization of much-needed infrastructure. The growing trend of urbanization is having an unprecedented impact on the need for infrastructure – whether it is transport, water and sewer, digital or social. By 2030, the world's urban population is projected to increase to 4.9 billion people, roughly 60% of the world's population. China, India and the United States will have the largest number of urban dwellers in the world. Infrastructure is critical to creating economic development, attracting talent, making cities more livable, and helping cities transition to a smarter, more sustainable future, yet not enough projects are moving forward to meet the need.

    In February 2015, we launched the ‘Financing Urban Infrastructure Initiative’ in partnership with the New Cities Foundation, Arup and Cisco to focus more attention on the topic. Dr. Julie Kim of Stanford University, the Initiative’s Senior Fellow, recently released a Handbook on Urban Infrastructure Finance, which provides actionable research that will serve as a resource for urban planners in cities around the world.

    Earlier this month, we partnered with the New Cities Foundation to host participants from across the public, private, nonprofit and academic sectors at Citi’s global headquarters in New York for a discussion about urban infrastructure development around the world, and importantly, how to finance this need. The event provided an opportunity for traditional and newer actors from around the world to come together to share innovative ideas and best practices.

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  • Citi’s 11th Annual Global Community Day: Working Together to Stand for Progress

    By Brandee McHale, President of the Citi Foundation and Director of Corporate Citizenship, Citi May 18, 2016 10:30 AM

    On Saturday, June 11, I’ll be joining tens of thousands of my colleagues, along with our friends and families, to celebrate Citi’s 11th annual Global Community Day. For the past decade, we’ve marked this annual day of service around the world by donating our time, skills and expertise to make a difference in the communities where we live and work. This year, together with our community partners, we will once again stand for progress by helping tackle a range of pressing challenges in our cities, from beautifying parks and streets to teaching young people the basics of financial know-how to helping communities bounce back from natural disasters.

    Since the inaugural Global Community Day in 2006, more than half a million Citi volunteers have contributed more than three million hours of service to Global Community Day projects in hundreds of cities. This truly has become a tradition at Citi. While these statistics help tell a big part of the story about the positive impact we can have on individuals and communities, by participating ourselves in community activities, we can also see on a deeper level the tangible results of Global Community Day. Last year, I was with more than 100 other Citi volunteers at the Red Cross in New York City, making care packages for veterans and military service members overseas. We also made cards with hand written notes, thanking them for their service – it was the least I could do to give back to others who have sacrificed so much for us.

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  • Citi Celebrates Earth Day 2016

    By Val Smith, Director and Head of Corporate Sustainability April 18, 2016 03:00 PM

    Each year, Citi marks Earth Day, not just through events on that one date, but through a week-long series of employee-led sustainability initiatives around the world. These events raise awareness of important environmental and social issues, and support our Mission and Value Proposition by creating a meaningful, positive impact through reducing Citi’s operational footprint and deepening our ties to the communities where we live and work.

    On Friday, April 22 – the date recognized globally as Earth Day – UN delegates will gather in New York City to formally sign and adopt the Paris Agreement. This agreement, a product of focused negotiations among nearly 200 countries, lays out a path to limit the rise in global temperature to under 2oC in an effort to avoid calamitous changes to our climate.

    In support of Earth Day 2016 and the Paris Agreement, I would like to highlight some of Citi’s achievements in advancing Sustainable Progress, as well as our goals moving forward.

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  • Citi Celebrates Earth Hour 2016

    By Steven Avadek, Director and Global Head, Citi Realty Services March 30, 2016 04:00 PM

    Vashi Branch, Mumbai, India

    For the ninth year in a row, Citi has engaged in Earth Hour campaign efforts encouraging Citi facilities to go 'dark' on March 19th between 8:30PM and 9:30 PM local time. Every year, Citi Realty Services coordinates with Citi sites across the globe to participate in Earth Hour by turning off all non-essential lights in office facilities and branches around the world. This year, Citi sites in South Africa, Taiwan, Sri Lanka, Nigeria, The UAE, The UK and US were among the over 3,181 Citi locations in 1,120 cities in 94 countries that switched off their lights during Earth Hour.

    Citi first joined the Earth Hour event in 2008 with more than 50 registered locations, and has continued over the years to add more sites to support the campaign around the world. Sustainability is a key priority at Citi and I’m proud of the level of employee engagement around our sustainability initiatives. This year Citi came together more than ever before surpassing last year’s total sites ‘going dark’ and exceeding a participation rate of over 67 percent. Employee participation is critical to the success of any sustainability program and our colleagues continue to demonstrate their commitment to the importance of our sustainability initiatives.

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  • Advancing the Economic Progress of Women

    By Brandee McHale, President of the Citi Foundation and Director of Corporate Citizenship, Citi March 08, 2016 11:30 AM

    In the last year alone, the Citi Foundation invested in programs supporting the economic progress of more than half a million women globally. These investments included more than $11million in programs that primarily or exclusively support women's financial inclusion, employment and livelihoods. Across the world, we have been working in partnership with innovative organizations to co-design programs that accelerate the economic inclusion of women. These efforts are expanding our understanding of the needs of women as microfinance clients, entrepreneurs, students, and are also providing them with the financial resources and services they need to build more stable future for themselves and for their families while contributing to the economic growth of their countries.

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  • International Women's Day: It Takes All of Us

    By Jamie Forese, President of Citigroup and Head of the Institutional Clients Group February 29, 2016 04:00 PM

    Throughout the month of March, Citi celebrates International Women’s Day (IWD). International Women’s Day, championed by Citi Diversity and Citi Women, is one of the most visible and inclusive expressions of Citi’s commitment to helping women succeed. Last year, Citi engaged our clients, employees and community partners by hosting 231 local events in 134 cities from 90 countries and we are on track for similar participation in 2016.

    Our 2016 theme for International Women’s Day reflects Citi’s position that diversity and inclusion requires the engagement of all employees: It takes all of us.

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  • Citi and COP21: The 2015 Paris Climate Conference

    By Brandee McHale, President of the Citi Foundation and Director of Corporate Citizenship, Citi December 02, 2015 01:00 PM

    Citi has established combatting climate change as the top priority in our Sustainable Progress strategy, launched in February of this year. Our signature effort to combat climate change is our $100 Billion Environmental Finance goal, a goal to lend, invest and facilitate $100 billion over 10 years toward climate and environmental solutions, and we’re making significant progress towards that goal. In addition to our core business activities, we are also focused on the greening of our own operations. We have set science-based environmental footprint goals to reduce our greenhouse gas (GHG) emissions by 35% by 2020 and by 80% by 2050 and to have 33% of our real estate portfolio to be LEED green building certified by 2020.

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  • Citi Enables Financing to Support New UN Global Development Agenda

    By Jay Collins, Vice Chairman, Corporate & Investment Bank, Citi September 23, 2015 12:00 PM

    As global leaders gathered in Addis Ababa, Ethiopia in July for the Third Financing for Development Conference (FfD3) to discuss a new financing framework for sustainable development, it was natural for Citi to have a seat at the table. As a leading global financial institution, Citi has provided capital to governments, corporations and development organizations to support economic, social and environmental progress in the markets where we operate for more than 200 years. Now, Citi is again stepping up with a core philosophy that global businesses can collaborate with governments to “do well” and “do good” at the same time; this paradigm shift will be the only way for the world to meet its new financial development objectives.

    This week, the United Nations will launch an ambitious set of sustainable development goals (SDGs) with an annual price tag well into the trillions. Public financing alone will not be sufficient to deliver against the 169 targets imbedded in the 17 different goals of the new SDGs. The estimate of the expected funding gap for the SDGs is $3 trillion per year, and many recognize that without the private sector, the SDGs will have little hope of being realized.

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  • Citi Marks Pride Month 2015 – Part 6

    June 29, 2015 11:00 AM

    In recognition of Pride Month, a time to reflect upon the civil rights history and contributions of the lesbian, gay, bisexual and transgender (LGBT) community, we will be sharing personal reflections and stories of progress from individuals, both LGBT and straight allies, as they examine what it means to bring their full self to work.

    Sheri Paulo, Managing Director, Senior Human Resources Advisor for CitiMortgage & U.S. Consumer & Commercial Bank – New York, NY

    When I share the small moments, I bring my full self to work.

    When you are developing new relationships, there comes that moment when you have a choice of how much of your true self to share. I have been openly gay for most of my career at Citi, 29 years now. And many of my colleagues know my wife Vina. But, there are still those times when meeting a new colleague that I find myself thinking about how much to share.

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