Citigroup's Latest Climate Report Reveals Lack of Clear Net Zero Plans

By
Alessandro Rossi
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).

Citigroup Inc. disclosed that over a third of its energy clients lack a clear plan to reach net zero, as revealed in the company’s latest climate report. The data is based on initial results from its net zero review template, designed to assess the emissions of carbon-intensive clients and their reduction plans. This disclosure emphasizes the challenges faced by businesses in the energy sector in achieving net zero targets.

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