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FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) May 29, 2008 Citi Reaches Milestone in 'Green' Building Program 30 Citibank and CitiFinancial Branches Designed with Sustainable Features
New York, NY As part of its commitment to address global climate change, Citi announced that it is the first company to achieve Leadership in Energy and Environmental Design (LEED) pre-certification for a retail commercial interior prototype through a pilot U.S. Green Building Council (USGBC) program. New CitiFinancial branches in Austin, Texas, and Flint, Mich., and the Citibank financial center in Warrington, Penn., are the first Citi branches to be certified in this pilot program. An additional 27 CitiFinancial and Citibank branches were designed with the same features and are in the process of pursuing LEED certification. "This is part of our approach to embed sustainable business practices throughout our operations -- from our buildings to the supply chain to information technology," said Kevin Kessinger, Chief Operations & Technology Officer. "For Citi, green business is good business. It is an important part of being a responsible corporate citizen and operating the business efficiently." The USGBC Portfolio Program, currently in pilot phase, focuses on the permanent integration of green building and operational measures -- portfolio-wide -- into the standard business practices of companies and organizations. The Portfolio Program recognizes market leaders who have committed to and achieved high levels of LEED certification within their portfolio. "Citi is a true market leader in green building," said USGBC's Market Development Vice President Doug Gatlin. "And they should be commended for their achievement. By participating in the Portfolio Program pilot, Citi is taking action to rapidly implement green building practices across its portfolio to directly address global environmental challenges. The program is a tremendous step forward in our fight to slow climate change and reduce energy dependence." The new CitiFinancial and Citibank branches use less energy and water and include environmentally friendly features, such as:
Take a Virtual Branch Tour To learn more about this announcement, go to http://www.citigroup.com/citigroup/press/2008/080529a.htm. # # #
Citi Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Nikko. Additional information may be found at www.citigroup.com or www.citi.com. |
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