Climate Change Data

Citigroup

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Poverty Reduction
  • Sustainable Development Goals (SDGs)

Social Achievements

  • Collaboration with SOPHIA Oxford to bring multidimensional poverty measurement to the business world.
  • Highlighting examples of businesses using MPIs to develop human resource policies.

Climate Goals & Targets

Environmental Challenges

  • Slowdown in poverty reduction.
  • Impact of COVID-19 on poverty.
  • Armed conflict.
  • Climate change.
  • Mismatch between capital risk appetite and project risk in poverty reduction investments.
Mitigation Strategies
  • Advocating for a multidimensional approach to poverty measurement and reduction.
  • Promoting the use of sustainability-linked bonds with KPIs linked to MPI indicators.
  • Highlighting the potential of blended finance to mobilize capital for poverty reduction.

Supply Chain Management

Responsible Procurement
  • Building inclusive and resilient supply chains

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN SDGs

UN Sustainable Development Goals

  • SDG 1: No Poverty

The report focuses on SDG 1 and its interconnectedness with other SDGs.