Citi’s Fraser makes net zero pledge on first day
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Jane Fraser, CEO of Citigroup, said on Monday — her first day in the post — that the bank was committing itself to net zero financed greenhouse gas emissions by 2050. It joins major banks such as Barclays, HSBC and Morgan Stanley in having made such a promise.
“Our ESG agenda can’t just be a separate layer that sits above what we do day-to-day,” said Fraser in a statement. “Our commitments to closing the gender pay gap, to advancing racial equity, and to pioneering the green agenda have demonstrated that this is good for business and
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