• Citi has committed $647.2 billion toward its $1 trillion sustainable finance goal since 2020
• Sustainable finance commitments totaled $91.3 billion during 2025 despite challenging market conditions
• International projects accounted for 62% of 2025 commitments
• Citi estimates its financing has avoided 8.8 million metric tons of greenhouse gas emissions and supported more than 4.4 million jobs
• The bank exceeded targets for emissions reductions, energy use and sustainable buildings
• New 2030 goals focus on further reducing operational emissions and energy consumption while additional sustainability targets are planned 

Citi has moved significantly closer to its ambition of delivering $1 trillion in sustainable finance by the end of the decade, reporting that it has committed $647.2 billion since 2020 despite what it described as a challenging market environment.

The banking group disclosed in its latest sustainability report that it provided $91.3 billion in sustainable finance during 2025 alone, leaving it around two-thirds of the way toward its long-term target of supporting the transition to a low-carbon economy through environmental and social financing.

Chief Executive Jane Fraser said clients are increasingly viewing sustainability through the lens of resilience rather than corporate responsibility.

"Clients tell us that amidst the new global dynamics, building resilience into their business models is no longer a defensive tactic; it is a competitive necessity," Fraser wrote in the report's foreword.

The latest figures demonstrate that international markets continue to account for the largest share of Citi's sustainable finance activity.

During 2025, approximately 62% of commitments, or $56.6 billion, supported projects outside North America, while $34.7 billion, or 38%, was directed toward North American initiatives.

Since the launch of the program in 2020, international projects have received $363.8 billion, representing 56% of total commitments, compared with $283.3 billion invested across North America.

Citi said the financing has contributed to measurable environmental and economic outcomes.

The bank estimates its investments have helped avoid approximately 8.8 million metric tons of greenhouse gas emissions through renewable energy, energy efficiency and affordable green housing projects, while supporting more than 4.4 million jobs.

Alongside its financing commitments, Citi reported strong progress against the operational sustainability goals it established for 2025.

The bank achieved six of its eight environmental targets covering emissions, energy consumption, water usage, waste reduction and sustainable buildings.

Most notably, it exceeded its objective of reducing location-based Scope 1 and Scope 2 emissions by 45%, instead achieving a 58% reduction against its 2010 baseline.

Total operational emissions declined to 370,030 metric tons of carbon dioxide equivalent during 2025, approximately 3.8% lower than the previous year. Scope 1 emissions accounted for 50,790 metric tons, while Scope 2 emissions totaled 319,240 metric tons.

Having exceeded its original emissions target, Citi has introduced new objectives for 2030, including a further 15% reduction in operational emissions and a 10% reduction in energy consumption, both measured against a 2025 baseline.

"As technology, energy systems and market conditions continue to evolve rapidly, we are evaluating pathways to achieve our new goals," the bank said in the report.

Energy efficiency also outperformed expectations. Citi reduced energy consumption by 43% against its 2010 baseline, comfortably exceeding its original 40% target.

The bank likewise achieved or surpassed goals relating to renewable electricity sourcing, water consumption, waste generation and sustainable building certifications.

By the end of 2025, 64% of Citi's global floor area held LEED certification from the U.S. Green Building Council or WELL certification from the International WELL Building Institute, substantially ahead of its target of 40%.

Not every objective was achieved, however. Citi narrowly missed its goal of diverting half of its waste from landfill, reaching 49%, while progress on reclaimed and reused water remained well below target.

Only 11% of water consumption came from reclaimed sources, compared with a goal of 25%.

The bank attributed those shortfalls to practical challenges, including limited infrastructure, difficulties retrofitting existing buildings, inconsistent recycling capabilities across international markets and restricted access to reclaimed water supplied by local utilities.

Looking ahead, Citi said it expects to announce additional sustainability objectives in future reporting as it continues working toward net-zero operational emissions by 2030 and net-zero financed emissions by 2050.

The bank also confirmed it continues purchasing carbon credits equivalent to its Scope 1 emissions, although those credits are excluded from its operational emissions targets.