Created before Nov 2016
Last update: 2019-03-15 12:01:00
Share this page:



About Citi
Citigroup Inc., doing business as Citi, is a major US financial services company based in New York, NY. Citigroup was formed from a merger between Citicorp and financial conglomerate Travelers Group. It is active in 107 countries with approximately 12,000 offices worldwide. Citigroup suffered huge losses during the global financial crisis of 2008 and was rescued in November 2008 in a massive bailout by the US government.
Website | http://www.citigroup.com |
Headquarters |
399 Park Avenue
NY 10043 New York
United States
|
CEO/chair |
Mr. Michael Corbat CEO |
Supervisor | |
Annual reports |
CSR report 2018 Annual report 2018 |
Ownership |
listed on NYSE Euronext & Tokyo Stock Exchange
Citi's share holder structure can be accessed here. |
Related Dodgy Deals
Projects - active profiles
Atlantic Coast Pipeline United States profile
Dakota Access Pipeline United States profile
Line 3 Pipeline Replacement Project (L3RP) United States profile
Mountain Valley Pipeline United States profile
Trans Mountain Pipeline Expansion project (TMEP) Canada profile
Projects - on record profiles
Annova LNG Terminal United States profile
Baku-Tbilisi-Ceyhan oil pipeline Azerbaijan profile
Bauxite mine Niyamgiri Hills India profile
Block 31, Yasuni National Park Ecuador profile
Canadian tar sands Canada profile
Dominion Cove Point LNG United States profile
Dynegy coal power plants United States profile
Grasberg gold and copper mine Indonesia profile
Great Barrier Reef Coal & Gas Exports Australia profile
Ilisu dam Turkey profile
Kashagan oil project Kazakhstan profile
Keystone XL pipeline United States profile
Mining in Goa/ Sesa Goa India profile
Mochovce nuclear power plant (units 3 & 4) Slovakia profile
Mountain top removal coal mining United States profile
Offshore Detention Centres Australia profile
Palm Oil Plantations in the Sambas District Indonesia profile
Woodside Petroleum’s gas refinery Australia profile
Companies - active profiles
Adani India profile
BAE Systems United Kingdom profile
CEZ Group Czech Republic profile
Elbit Systems Israel profile
Enea Group Poland profile
Golden Agri-Resources (GAR) Singapore profile
Golden Veroleum Liberia (GVL) Liberia profile
Indofood Indonesia profile
Klabin Brazil profile
Lockheed Martin United States profile
Polska Grupa Energetyczna (PGE) Poland profile
RWE Germany profile
Saudi Aramco Saudi Arabia profile
TC Energy Canada profile
UPM-Kymmene Finland profile
Vale Brazil profile
Wilmar International Singapore profile
Companies - on record profiles
Alliant Techsystems United States profile
Alpha Natural Resources United States profile
Anglo American United Kingdom profile
Arch Coal United States profile
Areva France profile
Astra Agro Lestari Indonesia profile
BHP Billiton Australia profile
Coal India India profile
Drummond United States profile
EDF France profile
Eletrobras Brazil profile
En+ Group Russian Federation profile
ENGIE France profile
EPH Czech Republic profile
Eskom South Africa profile
First Resources Singapore profile
Glencore Switzerland profile
IOI Corporation Malaysia profile
Jindal Steel & Power India profile
Kencana Group Singapore profile
Kinder Morgan United States profile
Korea Electric Power Corporation (KEPCO) South Korea profile
Kuala Lumpur Kepong Malaysia profile
Marubeni Japan profile
National Thermal Power Corporation (NTPC) India profile
OLAM Singapore profile
Rio Tinto Australia profile
Royal Dutch Shell Netherlands profile
Shenhua Group China profile
SUEK Russian Federation profile
Textron United States profile
Trafigura Singapore profile
Vattenfall Sweden profile
Vedanta Resources United Kingdom profile
Vitol Switzerland profile
Dodgy Deals map
Show:
Select sectors:
News
Documents
Links
Policies
Voluntary initiatives
Citi has committed itself to the following voluntary standards:- Carbon Principles
- Equator Principles
- Global Reporting Initiative
- Green Bond Principles
- Natural Capital Declaration
- Poseidon Principles
- Principles for Responsible Banking (PRB)
- Roundtable on Sustainable Palm Oil (RSPO)
- Task Force on Climate-related Financial Disclosures
- UNEP Finance Initiative
- United Nations Global Compact
- Wolfsberg Principles
Campaigns
Citi and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Citi adopted the Equator Principles in 2003.
Reporting on the Equator Principles
Citi must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Citi is in compliance with its reporting obligations. The 2017 report can be found here.
Dodgy Deals
Citi is involved in financing the following Equator Principles projects that BankTrack considers controversial.
Dakota Access Pipeline United States
Trans Mountain Pipeline Expansion project (TMEP) Canada
Baku-Tbilisi-Ceyhan oil pipeline Azerbaijan
Block 31, Yasuni National Park Ecuador
Kashagan oil project Kazakhstan
Woodside Petroleum’s gas refinery Australia
Human rights
True leader
Front runner
Follower
Laggard
|
BankTrack has assessed Citi on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Citi is assessed as a Front runner, with a total score of 7.5/12.
|
Equator Principles
Implementation and reporting
Citi is reporting on the implementation here.