Advancing racial equity requires a more intentional focus on the challenges faced by communities of color and a commitment to becoming an anti-racist institution. Citi is taking a hard look at its own policies and practices to actively identify potential bias to help level the playing field for communities of color.
What Citi will do:
- Strengthen due diligence processes for project-related financing to address environmental justice and social impacts on communities of color.
- Develop standards for inclusive software design that eliminate bias and help deliver equitable outcomes to the communities Citi serves.
- Expand Citi’s capital market activities with minority-owned broker dealers, assisting with their business and franchise development.
- Work with marketing, communications and legal partners to establish guidelines that increase representation of people of color on Citi accounts and within their leadership teams.
- Establish a council of senior leaders from across the company to develop additional product innovations, assess performance gaps and hold businesses accountable for Action for Racial Equity commitments.