Citi to disclose loan portfolio CO2 as it pledges $250bn green spending blitz

BUSINESS GREEN | Investment bank Citi yesterday unveiled a raft of new measures geared at reducing its environmental impact, including plans to disclose the emissions tied to enormous lending portfolio and to spend $250bn over five years on sustainable technologies and activities.

The new funding pot will go towards financing and advancing initiatives such as clean technology, renewable energy, water quality and conservation, sustainable transportation, green buildings, energy efficiency, sustainable agriculture and land use, the bank said.

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