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Re: Jld3294 post# 11687

Wednesday, 04/23/2014 4:39:17 PM

Wednesday, April 23, 2014 4:39:17 PM

Post# of 12370
In 2013 Citi did the following:

-- Surpassed, three years early, a 10-year goal to direct $50 billion towards activities that mitigate climate change, including financing for renewable energy and energy efficiency and investments in the greening of Citi's operations.

-- Met our 2015 operational environmental performance goals for greenhouse gas emissions and waste two years early, reducing our emissions by 25% and our waste to landfill by 41%, all from a 2005 baseline.

-- Developed a new Energy and Power Framework to responsibly guide our energy and power financing. This new Framework complements our long standing Environmental and Social Risk Management Policy, which helped us manage risks in 443 transactions across sectors and geographies.

-- Increased our overall commitment to microfinance under a partnership with the U.S. Overseas Private Investment Corporation (OPIC) that began in 2006. To date, Citi and OPIC have provided $365 million in funding to 40 microfinance institutions in 22 countries reaching 975,000 borrowers, nine in ten of whom are women.

-- Lent and invested nearly $4.4 billion in cities across the U.S. to support affordable housing, education, healthcare and small business activities through Citi Community Capital.

HEY JID, NOW WE KNOW WHY CITI HAS BEEN HELD DOWN FOR SO LONG. IT IS HIGH TIME FOR A MAJOR CORRECTION. YESSSSSS!
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