Citibank 2011 Annual Report Download - page 21

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Expanding financial access:
• Citi Community Development
helped launch the Chicago Credit
Building Coalition and the Chicago
Microlending Institute, both
pioneering efforts to develop
responsible access and use of credit.
• The Citi Foundation invested in
an innovative pilot program in
Latin America and the Caribbean
to evaluate the impact of savings
accounts for recipients of conditional
cash transfers.
• Citi co-led an $85 million
international bond issue for Grupo
ACP, a Peruvian microfinance holding
company operating in 10 countries.
• The Citi Foundation was the lead
funder for the U.S. Financial Diaries,
a study tracking 300 low-income
American families to collect
data on how households manage
their finances.
Championing the environment:
• Citi met its 2011 goal to reduce
absolute greenhouse gas emissions
by 10% from 2005 levels.
• Citi was the only financial institution
to be an inaugural ally of President
Obama’s Better Buildings Initiative
and a U.S. EPA Energy Star Partner
of the Year, underscoring our
commitment to energy efficiency.
• Citi committed $205 million in client
financing to support the installation of
solar power systems on approximately
8,000 American homes.
A dynamic workforce:
• More than 40,000 Citi volunteers
took part in nearly 1,100 local service
projects around the world during our
2011 Global Community Day.
• Citi co-founded Veterans on
Wall Street to help develop careers
in the financial services industry
for former and active duty
U.S. military personnel.
2011 Highlights
Students from Chicago’s KIPP Ascend
Middle School visit a Citibank branch to
learn about the benefits of saving and
acquire advice on how to get started. In
2011, Citi helped launch the Partnership
for College Completion, which combines
incentivized savings accounts, financial
education and scholarships, to help increase
the number of students who are the first in
their family to earn a college degree.