Bank Pledges to Go Fully Carbon Neutral by 2020
In September, Citi pledged to go green all the way. Citi is one of 100 major companies to join RE100, a global initiative led by The Climate Group committed to using 100 percent clean energy. Citi has pledged to go full carbon neutral by 2020. To achieve their green goal, they are considering different solutions, including using onsite power generation, purchase power agreements, and renewable energy credits, to fuel the 7,900 properties they own worldwide. This pledge marks another step in the bank’s long-standing commitment to finance $100 billion in clean energy, infrastructure, and technology projects.
As a further manifest to their commitment to sustainability Citi will again be hosting the Sustainology Summit on November 7. And we again say thank you!