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Citi reports sustainable finance progress, sets new 2030 goals

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Citi reports sustainable finance progress, sets new 2030 goals

The bank said it had committed $647.2 billion to sustainable financing since 2020, with CEO Jane Fraser noting its clients see resilience as a “competitive necessity.”

Citi has end-of-decade goals to reach net-zero emissions across its scope 1 and scope 2 emissions portfolio, in addition to a $1 trillion sustainable finance goal. The sustainable finance goal is designed “to support the transition to a sustainable, low-carbon economy that takes into consideration society’s environmental, social and economic needs,” and the bank is meeting it through a combination of environmental- and social-focused financing. The bank also has a 2050 goal to reach net-zero financed emissions.

Citi estimated in the report, released July 21, that its sustainable financing commitments have led to 8.8 million metric tons of avoided greenhouse gas emissions through investments in renewable energy, green affordable housing and energy efficiency and have supported more than 4.4 million jobs.

Citi said its 2025 sustainable financing results “reflect a challenging market.” Of the $91.3 billion committed in 2025, Citi said 62% of the funds ($56.6 billion) were invested internationally, with the remaining 38% committed to North American projects ($34.7 billion).

Of the financing committed to Citi’s $1 trillion goal specifically, 56% — or $363.8 billion — has gone to international projects, and 44% — or $283.3 billion — has been invested in North American projects over the past six years.

With regards to its 2025 sustainability goals, Citi reported hitting six of eight targets related to its operational emissions, energy, water, waste and building footprints, measured against 2010 baselines.


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