Citi released a video today promoting that in May, Citibank became the first bank in the world to achieve LEED (Leadership in Energy and Environmental Design) certification for 200 projects from the U.S. Green Building Council. The brand rose two places on Interbrand’s just-released Best Global Green Brands ranking with the comment:
Citi Group improves on this year’s ranking by 2 spots, now sitting at #44. While the banking institution continues to navigate turbulent waters due to global economic conditions, Citi managed to increase the public’s perception of its environmental efforts, thus closing its perception/performance gap significantly since last year’s assessment. More recently, Citi joined forces with Google to finance a large wind energy center in California and embarked on a joint venture with SunPower to finance residential solar lease projects. The financial institution still remains in the latter portion of the ranking, partially due to its large-scale investments in coal industries, which contribute heavily to climate change effects.