Citibank 2012 Annual Report Download - page 19

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17
Championing the Environment
Citi advised Hanwha Chemical, part of the Hanwha
Group (Korea), on the purchase of significant assets
of Q CELLS (Germany), creating at the time the third-
largest manufacturer of solar cells globally, with a total
production capacity of 2.3 gigawatts.
Citi Microfinance worked with Citi’s Environmental
Products Trading and Origination team to purchase
1.17 million metric tonnes of carbon credits from social
enterprise MicroEnergy Credits. The carbon credits will
be generated through the installation of more efficient
household insulation and heating fixtures in Mongolia.
Portions of the proceeds from Citi’s purchase will allow
local lender XacBank to increase access to affordable
clean energy loans.
Citi established a company-wide Environmental and Social
Risk Management (ESRM) Policy, expanding on Citi’s long-
standing ICG ESRM Policy and procedures.
A Dynamic Workforce
In 2012, we launched Citi SalutesSM, a firm-wide initiative
centered on developing career opportunities for veterans
and their families, community partnerships with veterans’
service organizations, and the development of financial
products and services tailored to the greater military
community. Citi currently employs more than 2,000
colleagues with military experience.
Seventy-four employee affinity networks with 12,000
members enrich worklife in 27 locations and offer
opportunities for networking, mentoring, coaching and
community involvement.
On Global Community Day, Citi Zambia volunteers teamed
up to paint and renovate the Open Baptist Community
School for the Deaf.
More than 110,000 employees in 93 countries, such as these
U.S. colleagues in St. Louis, Missouri, volunteered in their
cities and towns during Citi Global Community Day in 2012.