Citi expects borrowers to have ‘credible’ plan to reduce carbon


The firm is still formulating plans for how it will go about pulling off its pledge, chief executive officer Jane Fraser said at the WSJ CEO Council conferenc

NEW YORK: Citigroup Inc will eventually expect borrowers to have a credible plan for measuring and reducing their carbon footprint as part of the bank’s pledge to achieve net-zero greenhouse-gas emissions.

The firm is still formulating plans for how it will go about pulling off its pledge, chief executive officer Jane Fraser said at the WSJ CEO Council conference.

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Citi , borrowers , carbon , redue , Jane Fraser ,

   

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