Citi Unveils 2009 Global Citizenship Report
CEO Pandit Says Commitment to Supporting Economic Growth is Integral to Citi
Highlights Include Industry-leading Environmental Goals, Continued Innovation in Microfinance and a
Renewed Focus on Financial Capability and Community Development
April 27, 2010 12:04 AM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Citi today released its 10th annual Global Citizenship Report,
underscoring the bank’s strategic focus on citizenship and commitment to the economic development of the
communities it serves in more than 140 countries. Highlights of the report include the extension of $458 billion in new
credit in the United States and a payment assistance program to help more than 510,000 card members in financial
distress.
“Citi’s commitment to supporting communities around the world is an integral part of our identity,” said Citi CEO
Vikram Pandit. “We are at our heart a local business that is able to bring a unique global perspective to clients. Our
ties to community are strong -- as is our commitment to running our business in a manner that puts the customer first,
values employees, supports communities, fosters diversity and inclusion, protects the environment and ensures our
business activities are consistent with these values.”
Among Citi’s 2009 key accomplishments:
l Directed more than $5 billion in sustainable, “green” investments, financing and other activities including: a
biogas project in Honduras that will avoid 30,000 tons of carbon dioxide emissions per year; a 100-megawatt
wind farm project in the United States; and a chemical plant refurbishment project in Israel to reduce
emissions of nitrous oxide.
l Arranged Bangladesh’s first syndicated agricultural term financing facility to support microlending to small
farmers and partnered with Grameen America to provide savings programs to underserved individuals in
select areas of New York City.
l Added $18.4 million to support Citi Foundation’s $200 million global commi