Citi has a 15-year track record of developing new business models that leverage market-based approaches to improve livelihoods of low-income communities in emerging markets.
In September 2021, Citi published its Social Finance Framework to enable the issuance of Citi Social Finance Bonds. Through the issuance of Social Finance Bonds, Citi supports social-focused developments in emerging markets around the world. The use of proceeds from the bond will finance a range of projects, including those that expand access to financial services, affordable housing, basic infrastructure, healthcare, and education for unbanked and underserved communities.
Citi's Social Finance Framework
Citi's Social Finance Framework Second Party Opinion by Sustainalytics
Sustainalytics has provided a second-party opinion that Citi’s Social Finance Framework, aligns with the four core components of the Social Bond Principles 2021 and that the eligible categories will lead to positive social impacts and advance the United Nations Sustainable Development Goals.
Learn more about Citi’s Social Finance efforts in Emerging Markets.