Awards for Excellence 2018
If there is one bank in North America that is shoring up the financial system, moving finance into a modern era and willing to do what it takes to create a healthy, safe and prosperous society for employees, clients and communities, it is Citi, North America’s best bank for corporate responsibility.
Over the last year the bank has been a first mover in a variety of politically challenging areas. Citi was, for example, the only US bank to be in the pilot group for the UN Environment Programme Finance Initiative’s task force on climate-related financial disclosures – putting together a methodology for the industry to assess and discuss specific risks and opportunities associated with the transition to a low-carbon economy.
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| Mike Corbat |
The bank had already altered its approach to evaluating pipelines and other projects that could impact indigenous peoples and was noticeably absent from the Kinder Morgan Trans Mountain Pipeline deal.