Citigroup published its 2025 Sustainable Issuance Framework in December 2025, consolidating its previously separate Green Bond Framework, Social Bond Framework for Affordable Housing and Social Finance Framework into a single framework for green, social and sustainability use-of-proceeds instruments. Morningstar Sustainalytics has provided a second-party opinion confirming alignment with ICMA's Green Bond Principles 2025, Social Bond Principles 2025 and Sustainability Bond Guidelines 2021.
The framework sits alongside Citi's goal, set in 2020, of USD 1 trillion in sustainable finance by 2030. The 2025 framework consolidates Citi's previous green, affordable-housing and social finance frameworks, which continue to apply to securities already issued under them until maturity.
A CONSOLIDATED FRAMEWORK Under a single framework, Citi can issue green, social or sustainability instruments against one set of eligibility criteria and one allocation and reporting process.
USE OF PROCEEDS
Citi's USD 1 trillion sustainable finance goal covers activities beyond bond issuance, including green loans, sustainability-linked facilities, and advisory work on transactions with environmental or social characteristics. The updated Sustainable Issuance Framework governs the bank's own sustainable funding, so that when Citi issues such instruments in its own name, an amount equivalent to the proceeds is allocated to eligible green and social projects and reported on.
The framework covers green, social and sustainability use-of-proceeds instruments, including benchmark notes, customer-related notes, contractual deposits and commercial paper.