ESG at Citi Sustainable Finance Climate Risk & Net Zero Sustainable Operations Building Equitable & Resilient Communities Talent & DEI Responsible Business Appendices Our $1 Trillion Goal Financing the Low-Carbon Transition Financing Social Impact Sustainable QUICK LINKS Finance Our $1 Trillion Goal in Action Financing the Low-Carbon Transition Financing Social Impact The transactions that are counted toward the An eligible transaction may meet multiple criteria, Our $1 Trillion $1 trillion goal include environmental solutions to but it is counted only once toward our $1 Trillion MEASURING THE IMPACT OF OUR further accelerate the transition to a low-carbon Sustainable Finance Goal. Because of the inter- SUSTAINABLE FINANCE Goal economy, such as renewable energy, energy connected nature of sustainable finance, we efficiency, clean technology and green buildings see a number of transactions that deliver both We take a conservative approach in esti- to the circular economy, water quality and environmental and social benefits. mating impacts, including only deal activity conservation, sustainable transportation and for which reasonable methodologies and We continue to make progress toward our goal sustainable agriculture and land use. To help We track our sustainable finance activities data sources are available, and excluding address critical social issues, our goal includes using third-party financial league table credit, deals for which we have limited transparency of reaching $1 trillion in sustainable finance and details. We consider impact measure- by 2030, which is compatible with the UN financing in education, affordable housing and where applicable. The industry league tables track public financial activities and rank ment an area of ongoing education and Sustainable Development Goals (SDGs). From basic infrastructure, healthcare, economic improvement. mobilizing financing to schools in Peru and inclusion and food security. Our unique mix of financial institutions based on their role (e.g., lending to smallholder farmers in Nigeria, to global and local expertise across a wide range lead arranger, book runner) in each transaction. We estimate that since 2020, our sustainable of industries means that we are able to meet our When arranging financial products or structures financing activity has resulted in: advancing renewable energy in the Middle East, supporting the global shift toward electric clients where they are and help them to advance for which there are no league tables, we count vehicles and helping to ease the affordable their sustainable development efforts. the amount that reflects our firm’s financial 5M+ housing crisis in the U.S., this goal reflects our involvement in the deal. Beyond counting the metric tons of GHG avoided as a result of our environmental and social priorities across our financial credit, we also calculate the estimated renewable energy, green affordable housing businesses. Tracking Our environmental and social impacts associated and energy efficiency financing activities Progress with a subset of activities where feasible, Over the past three years, we are proud to such as greenhouse gas (GHG) emissions 2M+ have financed and facilitated $348.5 billion avoided, renewable energy capacity added, jobs jobs supported toward our $1 Trillion Sustainable Finance For activity that we finance or facilitate to count supported and people served. Goal, which includes green bonds, social and toward the $1 Trillion Sustainable Finance Goal, 40M+ sustainable bonds, sustainability-linked it must meet at least one of the environmental or people worldwide benefiting loans and sustainability-focused mergers social finance criteria. These criteria are informed and acquisitions. by evolving external standards. Citi 2022 ESG Report Page 12