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Select an assessment year:

  • Overall approach
    4/16
    • Overarching commitment on deforestation
      4/16
      Deforestation commitment
      Understanding of the risks
      4/16
      "Illegal logging is a significant contributor to the degradation and loss of critical forest ecosystems in many regions around the world."
  • Commodity score
    34/64
    • Beef & Leather
      24/64
      • Commitment Strength
        13/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
            Commitment details
            No
            0/8
            Type of policy: No policy
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
      • Social Considerations
        11/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Palm oil
      44/64
      • Commitment Strength
        33/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme
            Certification scheme (if applicable): RSPO
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: FI has specific deadline for all companies to comply
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Citi’s Palm Oil Standard requires all palm oil clients to become members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to a time-bound action plan to achieve RSPO certification within 5 years of becoming a Citi client [...] This standard applies to clients that are involved in the upstream production of palm oil (e.g. growers and mills)."
      • Social Considerations
        11/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Soy
      24/64
      • Commitment Strength
        13/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
            Commitment details
            No
            0/8
            Type of policy: No policy
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
      • Social Considerations
        11/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Timber, Pulp & Paper
      44/64
      • Commitment Strength
        33/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            "For forestry clients where a significant threshold of concern has been raised about the legality of their operations, evidenced by credible and objective third-party information, a qualified external consultant must be hired to develop a plan to achieve Forest Stewardship Council (FSC) certification and monitor the client’s progress in meeting milestones in order to continue the financing relationship."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "For forestry clients where a significant threshold of concern has been raised about the legality of their operations, evidenced by credible and objective third-party information, a qualified external consultant must be hired to develop a plan to achieve Forest Stewardship Council (FSC) certification and monitor the client’s progress in meeting milestones in order to continue the financing relationship."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "For forestry clients where a significant threshold of concern has been raised about the legality of their operations, evidenced by credible and objective third-party information, a qualified external consultant must be hired to develop a plan to achieve Forest Stewardship Council (FSC) certification and monitor the client’s progress in meeting milestones in order to continue the financing relationship."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "For forestry clients where a significant threshold of concern has been raised about the legality of their operations, evidenced by credible and objective third-party information, a qualified external consultant must be hired to develop a plan to achieve Forest Stewardship Council (FSC) certification and monitor the client’s progress in meeting milestones in order to continue the financing relationship."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "For forestry clients where a significant threshold of concern has been raised about the legality of their operations, evidenced by credible and objective third-party information, a qualified external consultant must be hired to develop a plan to achieve Forest Stewardship Council (FSC) certification and monitor the client’s progress in meeting milestones in order to continue the financing relationship."
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Citi has a long-standing public commitment not to engage in business with companies that we know to be in violation of local ornational forestry and logging laws."
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Citi recognizes that protecting and conserving areas of critical habitat, areas of significant biodiversity and/or areas of high conservation value, including legally protected areas, 1 is key to high-quality environmental and social risk management. We are guided by standards that require clients to avoid or mitigate threats to biodiversity arising from client operations and to sustainably manage natural resources. For the protection and conservation of biodiversity, the mitigation hierarchy includes biodiversity offsets, which may be considered only after appropriate avoidance,minimization and restoration measures have been applied with the goal of no-net-loss (and preferably a net gain) of biodiversity. We also recognize the importance of cultural heritage for current and future generations, and seek to protect areas of significant cultural heritage and value from the adverse impacts of project activities. In addition, Citi will not directly finance new mining projects within the boundaries of a World Heritage Site or ones that utilize submarine waste disposal."
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Certification scheme (if applicable): FSC
            Verification method: Certification Scheme
            "For forestry clients where a significant threshold of concern has been raised about the legality of their operations, evidenced by credible and objective third-party information, a qualified external consultant must be hired to develop a plan to achieve Forest Stewardship Council (FSC) certification and monitor the client’s progress in meeting milestones in order to continue the financing relationship."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi’s Sustainable Forestry Standard has no minimum dollar threshold and applies to clients that are directly involved, as a material business line, in logging or primary processing of timber."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi’s Sustainable Forestry Standard has no minimum dollar threshold and applies to clients that are directly involved, as a material business line, in logging or primary processing of timber."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi’s Sustainable Forestry Standard has no minimum dollar threshold and applies to clients that are directly involved, as a material business line, in logging or primary processing of timber."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Citi’s Sustainable Forestry Standard has no minimum dollar threshold and applies to clients that are directly involved, as a material business line, in logging or primary processing of timber."
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Companies set own deadline but must be timebound
            " a qualified external consultant must be hired to develop a plan to achieve Forest Stewardship Council (FSC) certification and monitor the client’s progress in meeting milestones in order to continue the financing relationship."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Citi’s Sustainable Forestry Standard has no minimum dollar threshold and applies to clients that are directly involved, as a material business line, in logging or primary processing of timber."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Citi’s Sustainable Forestry Standard has no minimum dollar threshold and applies to clients that are directly involved, as a material business line, in logging or primary processing of timber."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Citi’s Sustainable Forestry Standard has no minimum dollar threshold and applies to clients that are directly involved, as a material business line, in logging or primary processing of timber."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Citi’s Sustainable Forestry Standard has no minimum dollar threshold and applies to clients that are directly involved, as a material business line, in logging or primary processing of timber."
      • Social Considerations
        11/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Globally [...] project sponsors are expected to have engaged in meaningful consultation with directly affected Indigenous Peoples, with the goal of achieving Free Prior and Informed Consent (FPIC)."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Citigroup ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
  • Reporting & Implementation
    10/20
    • Policy is reviewed and updated
      3/5
      Policy review
      Commit to update policy - Timeline unclear
      3/5
      " This policy is continually updated in response to emerging risks."
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      3/5
      Monitoring compliance
      Yes - General non-compliance statement
      3/5
      "If gaps are identified between a client’s current plans or operations and ESRM Policy requirements, an Environmental and Social Action Plan (ESAP) is developed. The ESAP contains targeted environmental and social actions with timelines and deliverables to demonstrate completion that bring the project into compliance with the ESRM Policy over a reasonable timeframe."
    • Reporting on implementation of the policy
      5/5
      Reporting
      Yes - Annually
      5/5
      Global citizenship report, Forestry,  palm oil and paper sector have 2 out of 33 in the high risk category. 
      Citigroup report against their ESRM policy on the number of companies in each sector in their categories A/B/C/GR which show the a risk level. Forestry,  palm oil and paper sector have 2 out of 33 in the high risk category. 
  • Commitment strength
    23/42
    Avg. score
  • Social considerations
    11/22
    Avg. score

Profile

Citigroup are a global banking group headquartered in the US serving private, corporate, government and institutional clients. Their services include corporate finance, capital markets, securities, wealth management and retail banking services. As of 2017, Citigroup’s total assets amount to more than 1.8 trillion USD, with more than 600 billion USD worth of loans. Citigroup are among the top 3 lenders to Forest 500 companies, with loans amounting to more than 120 billion USD across a broad range of forest risk sectors.

HQ
HQ 
United States
Financial institution type
Financial institution type 
Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.