New Citi CEO commits bank to net zero financed emissions target on first day in role

Cecilia Keating
clock • 3 min read

Firm joins Morgan Stanley, Bank of America, and JPMorgan Chase in pledging to reduce its operations and activity in line with global climate goals

Citigroup has become the latest major investment bank to commit to net zero financed emissions, after its brand new chief executive announced plans to reduce the emissions of the bank's operations and...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Ofwat announces funding for domestic leak-busting projects

Ofwat announces funding for domestic leak-busting projects

Water Efficiency Lab 2 grant programme aims to help prevent the 1.5 billion litres a day lost to leaks in homes and businesses

Stuart Stone
clock 03 August 2026 • 2 min read
Study: Clean energy remains a key untapped regional investment opportunity

Study: Clean energy remains a key untapped regional investment opportunity

Mayoral Strategic Authorities collectively identify almost £80bn of investment opportunities across infrastructure, housing, and clean energy

Stuart Stone
clock 31 July 2026 • 4 min read
Nesta pulls £120m of investments from Northern Trust over climate backtracking concerns

Nesta pulls £120m of investments from Northern Trust over climate backtracking concerns

UK research and innovation charity foundation transfers £120m of passive global equity portfolio to rival asset manager Amundi

Michael Holder
clock 29 July 2026 • 3 min read