Our climate strategy

Financing the transition to net zero

Our climate ambition

Climate change is the biggest challenge of our time. At City Group Bank, we are committed to aligning our financed emissions to net zero by 2050 or sooner, in line with the Paris Agreement.

Net Zero Operations

We aim to be net zero in our own operations and supply chain by 2030, reducing our carbon footprint through 100% renewable energy.

2030

Target Date

Sustainable Finance

We aim to provide between $750bn and $1tn of sustainable finance and investment by 2030 to support our customers' transition.

$1tn

Financial Commitment

Climate Tech

Investing in nature-based solutions and early-stage climate technology to accelerate carbon removal and mitigation.

$100m+

Venture Capital Fund

Aligning our portfolio

To reach net zero, we are setting science-based targets for our financed emissions in high-emitting sectors, including energy, power, and automotive.

We are working with our clients to develop credible transition plans, providing the capital and expertise needed to shift their business models toward a low-carbon future.

Read our ESG Data Report