Results tagged as "us"

  • Our Support of Hurricane Harvey Victims and the American Red Cross

    By Ed Skyler, Executive Vice President for Public Affairs, Citi August 29, 2017 03:15 PM

    Our thoughts continue to be with those affected by Hurricane Harvey and the first responders working tirelessly in recent days. Our foundation has donated $1 million to the American Red Cross for Hurricane Harvey relief and recovery efforts. This contribution is in addition to the Citi Foundation's annual $500,000 grant to the Red Cross to support its Annual Disaster Giving Program.

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  • Citi hosts Professional Development Day at the Citi Open

    By Candi Wolff, Executive Vice President and Head of Global Government Affairs, Citi August 14, 2017 03:00 PM

    Earlier this month, Citi celebrated its sixth consecutive year as the title sponsor of the Citi Open tennis tournament in Washington D.C. While the on-court action hosted some of the most exciting players and matches that the Citi Open has ever seen, off the court Citi was promoting progress in the D.C. community.

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  • Powering the Future with Wind

    August 14, 2017 11:00 AM

    Block Island, RI is home to a stunning coastline and is a popular vacation destination for thousands of people each year. However, residents of the island pay some of the highest electricity prices in the country and burn millions of gallons of harmful diesel fuel each year for power. To end this inefficient and harmful dependency, the first offshore wind farm in the U.S. was built to provide clean energy to residents.

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  • Giving Every Kid a Great Shot

    July 31, 2017 09:45 AM

    Giving kids a safe space not only to learn but also to be active outside the classroom is critical to their development. That’s why for over 25 years, the Washington Tennis and Education Foundation (WTEF) has provided support to thousands of students in southeast Washington D.C., where high school graduation rates average only 60 percent.

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  • Building Credit = Building a Better Boston

    By Trinh Nguyen, Director, Mayor’s Office of Workforce Development and Office of Financial Empowerment, Boston July 12, 2017 02:00 PM

    In the latest in Citi Community Development’s Inclusive Cities Series, Trinh Nguyen from Boston's Office of Workforce Development and Office of Financial Empowerment discusses the new Credit Building Initiative for Young Working Adults.

    Nayshia Scott, a 21-year old single mother living in Boston, Massachusetts, had a seasonal job and no credit score.

    Nayshia is one in 26 million people – 11 percent of all adults in the U.S. -- who are “credit invisible,” meaning that they do not have a credit record on file at one of the three nationwide credit reporting companies. When borrowers lack a credit record, lenders have a harder time assessing the creditworthiness of applicants who then often find it difficult or even impossible to obtain safe, affordable credit.

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  • Programming Our Future

    By Michelle Carrico, Future in I.T. Program Manager, Jacksonville, FL July 07, 2017 01:30 PM

    I’ve always been impressed and proud of the emphasis Citi puts on developing our female talent; providing numerous networking and development training specifically designed for women. But it’s not enough to just develop our existing internal talent; to truly position ourselves as forward-compatible, we must also focus on the future women of our workforce, specifically our future technology workforce.

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  • Providing Vital Services to Homeowners in Puerto Rico

    By Guillermo Gómez, Citi Puerto Rico Country Officer, and Lily Lopez, Senior Vice President, Citi Community Development June 27, 2017 04:00 PM

    In the U.S., unemployment is low and economic growth is on the rise. Unfortunately, the same can’t be said about the current state of economic affairs in Puerto Rico, where 11 percent unemployment[1], declining wages[2] and the looming prospect of a $70 billion debt default have touched every aspect of daily life for citizens of the Commonwealth of Puerto Rico.

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  • Citi Invests in the Aimee Copeland Foundation

    By Bill Johnson, EVP, Managing Director, Global Consumer Bank June 05, 2017 12:00 PM

    I’ve worked at Citi for nearly 20 years now and most of my days are fairly routine, filled with meetings, conference calls, presentations, and the myriad tasks it takes to run a successful business. In the course of my career I’ve had the privilege of meeting with thousands of business leaders, government officials, employees, and customers. Each one has a story, but some, like Aimee Copeland’s, leave a lasting impression. While Aimee wasn’t someone I would have likely crossed paths with at work, I was — along with many others —very familiar with her story.

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  • Leveraging the Buying Power of Cities: New City Accelerator Uses Innovation to Increase Procurement and Economic Opportunity

    By Ben Hecht, President and CEO, Living Cities and Brandee McHale, President of the Citi Foundation and Director of Corporate Citizenship, Citi May 11, 2017 01:00 PM

    Accelerating economic development remains one of the top priorities for mayors around the country, with an increasing focus on intentionally targeting socioeconomic issues, such as income inequality. Seventy-five percent of mayors highlighted economic development in their 2016 State of the City address, according to the National League of Cities, with 22 percent looking specifically at providing greater support to small businesses and 17 percent mentioning businesses owned by women and people of color.

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  • Environmental and Social Risk Management (ESRM) Policy Updates

    May 09, 2017 04:00 PM

    We recognize the importance of the issues and concerns that have been raised as a result of Citi’s financing of the Dakota Access Pipeline (DAPL). The project has led to extensive internal evaluation of our Environmental and Social Risk Management (ESRM) Policy and, as our CEO Michael Corbat said at our annual shareholder meeting in April, Citi is committed to improving our approach to evaluating human rights issues, with a specific focus on Indigenous Peoples.

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