ESG at Citi Sustainable Finance Climate Risk & Net Zero Sustainable Operations Building Equitable & Resilient Communities Talent & DEI Responsible Business Appendices Action for Racial Equity Citi Impact Fund Strategic Philanthropy: The Citi Foundation Global Community Day Building Equitable and QUICK LINKS Resilient Communities Action for Racial Equity Citi Impact Fund Citi Foundation At Citi, we believe we have a role to play in • Continued to invest in a broad suite of addressing the inequities facing our global initiatives designed to help close the racial Investing in Our Communities society to help build thriving, resilient, equitable wealth gap in the U.S. through Citi and the and inclusive communities for generations Citi Foundation’s Action for Racial Equity 2022 Highlights to come. We invest in reaching underserved commitment. markets; improving financial security, access to • Expanded the Citi Impact Fund to $500 basic human necessities and affordable housing; million. The fund contributes to our $1 Trillion $3B $500M ~$6B and enabling economic mobility and progress Sustainable Finance Goal by making equity mobilized in social expanded size of the financed for affordable in communities we serve around the world. We investments in companies that address finance activity in emerging Citi Impact Fund housing projects continue to focus on our work to help advance societal challenges. markets in 2022 in the U.S. economic opportunity and address social challenges — using the breadth of the firm’s • Sustained our commitment to affordable business capabilities, expertise and volunteers, housing in the U.S. $94M 56K+ as well as the Citi Foundation’s philanthropy. • Expanded efforts to strengthen the nongov- in grants provided by volunteer engagements during Throughout 2022, Citi and the Citi Foundation ernmental organization (NGO) sector through the Citi Foundation the firm’s annual Global the Citi Foundation’s strategic philanthropy. Community Day invested in communities around the world, through the following key programs and activities:1 • Fulfilled the Citi Foundation’s Pathways to • Furthered our social finance efforts as part Progress commitment to connect young to enhance the scale of our impact through for our volunteer efforts and direct engagement of our $1 Trillion Sustainable Finance Goal people to training and workplace experiences. social finance, we have established a network opportunities, we are embracing a return to by 2030. • Responded swiftly to major natural disasters of bankers focused on transactions in emerging in-person events as the world recovers from and humanitarian crises around the world. markets, and increased internal training and COVID-19. In addition, the Citi Foundation is In the past year, we have taken steps to impact measurement. We have also extended charting a new path with an evolved global giving enhance and expand how we work internally our work with development finance institutions, strategy that prioritizes innovation and equity. to strengthen external impact. For example, impact investors and private-sector clients. As 1 Throughout this section, in calculating estimates of impact metrics, we use data from third parties. Citi 2022 ESG Report Page 42
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