Citi Makes Ninth Consecutive Appearance on Dow Jones Sustainability World Index.Index Ranks Top World Sustainability Leaders NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Citi today announced it has been included in the Dow Jones Sustainability World Index (DJSI DJSI Dow Jones Sustainability Index ) for the ninth consecutive year, affirming Citi's position as a global sustainability leader. Companies included in the DJSI World Index are recognized as industry leaders in setting standards for sustainability best practices and in demonstrating superior environmental and social performance. The Index includes the top 10% of 2,500 of the largest capitalized companies in the Dow Jones Global Index. The annual review of the DJSI is conducted by Sustainable Asset Management (SAM). "Citigroup is honored to once again be included in the prestigious Dow Jones Sustainability World Index," said Pam Flaherty, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Citi Foundation and Director of Corporate Citizenship Corporate Citizenship The extent to which businesses are socially responsible in meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim it to create higher standards of living and quality of life in the community in which it operates, while . "This recognition underscores Citi's commitment to being a global leader in environmental and social issues. From our $50 billion climate initiative to greening our facilities to community development to financial literacy and beyond, Citi strives to best serve our clients, while also benefiting the people and the communities where we do business." In 2005, Citi launched a business group, Citi Microfinance, which works across the bank's product groups and geographies, serving more than 100 microfinance institutions (MFIs), networks and investors as clients and partners in over 40 countries. Its products and services span the financial spectrum - from financing, access to capital markets, transaction services and hedging foreign exchange risk, to credit, savings, remittances and insurance products - to expand access to financial services for the underserved. In 2008, Citi announced that it reduced absolute operating emissions by 2 percent from 2007 levels. This is part of Citi's multi-year commitment, announced in 2006, to cut GHG GHG Greenhouse Gas GHG Governor's Horse Guard (various locations) emissions by 10% by 2011. This reduction is based from a 2005 baseline. Last year, Citi also released an update on its 10-year, $50 billion initiative to combat climate change announced in 2007. To date, Citi has launched more than $17.8 billion in projects that address climate change, including investments in the greening of our own facilities and financing of the renewable energy and clean technology sectors. Other 2008 sustainability highlights at Citi include: * In 2004, Citi announced a 10-year, $200 million commitment to financial education. To date, Citi and the Citi Foundation have provided approximately $149 million toward advancing financial literacy globally. * Citi became the first company in the world to construct more than 100 Leadership in Energy and Environmental Design The Leadership in Energy and Environmental Design (LEED) Green Building Rating System, developed by the U.S. Green Building Council, provides a suite of standards for environmentally sustainable construction. (LEED)-certified retail locations. LEED-certified CitiFinancial and Citibank branch locations include such features as low-flow plumbing fixtures; carpet, desks, chairs and fabrics made from recycled materials; green cleaning programs; energy-efficient office equipment; and renewable energy for 50 percent of the branch electrical consumption. Citi has committed that all new buildings will be built to green building standards, such as the U.S. Green Building Council's LEED program, and has also begun retrofitting existing locations with green features. * Citi constructed the world's first LEED Gold and Platinum data centers in Austin, Texas, and Frankfurt, Germany, respectively. The Frankfurt data center is expected to reduce cooling and support related energy needs by approximately 50 percent, resulting in a CO2 reduction of 25 percent when compared to conventional designs. * Citi was a founding member and co-drafter of the Carbon Principles in 2008, a framework for banks and their power clients to evaluate and address carbon risks in the financing of applicable coal-fired power projects in the United States. The DJSI follow a best-in-class approach and include sustainability leaders from each industry on a global and regional level respectively. Conducted by Sustainable Asset Management (SAM), the annual review of the DJSI family is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. , risk management, branding, climate change mitigation, supply chain standards and labor practices. It accounts for general as well as industry specific sustainability criteria for each of 58 sectors defined according to the Industry Classification Benchmark The Industry Classification Benchmark (ICB) is a company classification system developed by Dow Jones and FTSE. It is used to segregate markets into sectors within the macroeconomy. (ICB ICB Integrated Conference Bridge (Nortel) ICB International Competitive Bidding (international procurement) ICB Individual Case Basis ICB Istituto di Chimica Biomolecolare (Italian) ). For more information on the Dow Jones Sustainability Indexes and the changes resulting from this year's review, please visit www.sustainability-indexes.com. For more information on Citi's sustainability initiatives, please see our annual Citizenship Report, available at http://www.citigroup.com/citi/citizen/annualreport08.htm. About Citi Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com. About SAM SAM is an investment boutique investment boutique A relatively small, specialized brokerage company. Also called boutique. focused exclusively on Sustainability Investing. The firm's offering comprises asset management, indexes and private equity. Its asset management capabilities include a range of single-theme, multitheme and core sustainability investment strategies catering to institutional asset owners and financial intermediaries Financial intermediaries institution that provide the market function of matching borrowers and lenders or traders. in Europe, the United States, Asia-Pacific and the Middle East. Through its index activities, SAM has partnered with Dow Jones Indexes and STOXX Limited for the publication and licensing of the globally recognized Dow Jones Sustainability Indexes (DJSI) as well as customized sustainability benchmarks. Furthermore, SAM is the center of expertise for clean tech private equity within Robeco. Based on its Corporate Sustainability Assessment, SAM has compiled one of the world's largest sustainability databases and analyzes over 1,000 listed companies annually. SAM's proprietary research and sustainability data are fully integrated into its offering. SAM is a member of Robeco, which was established in 1929 and offers a broad range of investment products and services worldwide. Robeco is a subsidiary of the AAA-rated Rabobank Group. SAM was founded in 1995, is headquartered in Zurich and employs over 100 professionals. As of 30th June 2009, SAM's total assets amount to USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 11.6 billion. About Dow Jones Indexes A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. , Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes that are an integrated segment of the Dow Jones Global Index series. Additionally, Dow Jones Indexes maintains its benchmark index series, the Dow Jones Total Stock Market Indexes, which is anchored by the Dow Jones U.S. Total Stock Market Index and covers more than 12,000 securities in 65 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. www.djindexes.com Dow Jones & Company (www.dowjones.com) is a News Corporation company (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NWS NWS National Weather Service NWS Naval Weapons Station NWS New World Symphony NWS Nuclear Weapon State NWS Not Work Safe NWS National Watercolor Society NWS North Warning System NWS Nose Wheel Steering NWS National Waste Strategy (UK) , NWSA NWSA National Women's Studies Association NWSA National Woman Suffrage Association (1869-1890) NWSA New World School of the Arts (Miami, Florida, USA) NWSA National Welding Supply Association ; ASX ASX See: Australian Stock Exchange : NWS, NWSLV; www.newscorp.com). Dow Jones is a leading provider of global business news and information services See Information Systems. . Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July , Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6048495&lang=en |
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