Citi sets transition group to steer clients into renewable energy

New CEO sees bank's role increasingly as a champion for carbon-zero efforts

Youth activists at a Citibank branch in San Rafael, Calif. in 2019 protesting fossil fuel funding by Citi, Bank of America, Wells Fargo and JPMorgan Chase. Photo: Fabrice Florin/flickr.

. . . . Sometimes, businesses and industries need a nudge or two to banish their old, polluting ways. And that’s what Citigroup (C) is trying to do by combining three of …

This post is for paying subscribers