- The availability and quality of climate and wider ESG data and metrics present a challenge in non-financial reporting.
- Uncertainty surrounding macroeconomic and political developments, resulting in lower client or transaction volumes.
- Increased geopolitical uncertainties impacting client activities and external market conditions.
- Stricter regulation of the financial and capital markets.
- Limited data availability from counterparties on the Taxonomy-alignment of their economic activities.
Citigroup Global Markets Europe AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Citigroup Global Markets Europe AG disclosed greenhouse gas emissions of 1.1K tCO2e/year. By scope: Scope 1: 30 tCO2e/year; Scope 2: 375 tCO2e/year; Scope 3: 739 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.1K tCO2e/year
2023
Renewable Energy
100% (electricity)
of total energy
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 30 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 375 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 739 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Citi achieved 100% renewable electricity goal in 2020. CGME is working towards 2025 operational footprint goals to reduce GHG emissions and energy consumption.
- Over 50% of CGME locations are LEED certified.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve at least 30% women’s representation at C15+ levels by 2025.
📅 Medium-term
- Contribute to Citi’s goal to reach $1 trillion in sustainable finance by 2030.
- Reduce GHG emissions and energy consumption for operations (2025 goals).
🔭 Long-term
- Contribute to Citi’s goal of achieving net zero GHG emissions by 2050.
🌱 ESG Focus Areas
Climate changeDiversity, inclusion and equal opportunityEmployment conditionsRemunerationInnovation and digitizationCustomer focusHuman rightsAnti-financial crimeDigital security