Citi India is focused on building Corporate Citizenship programs that enable progress and drive change across communities, and are in line with the priorities of The Government of India, Citi Foundation, and Citi globally. In FY22, Citi, in partnership with 20 NGOs, initiated programs across seven critical areas – Disaster Relief, Financial Inclusion and Economic Empowerment for Women, Youth Employability, Inclusive Finance, Art and Culture, Social Innovation, and Good Citizenship as part of its CSR efforts. The bank’s core values of innovation and excellence, digitization, and thought leadership, led to the creation of programs that demonstrated and scaled impact, backed by best practices and standardized metrics. In addition, since its inception in India in 1999, the Citi Foundation grant program has catalyzed opportunities for more than 3 million individuals across the country.
In addition to INR75 crores disbursed in FY21 towards immediate COVID relief efforts, in FY22 Citi announced an incremental INR200 crores pledge to be disbursed over the next three financial years towards addressing medium-term challenges posed by the pandemic. The INR186 crores disbursed thus far has impacted 2.5 million individuals in the last two years. FY22 relief efforts include forging public-private partnerships to augment medical health infrastructure towards procurement of medical equipment, increasing bed capacity by supporting the building of a new tower and wing, and a permanent facility for infectious diseases, as well as subsidized treatment programs for those from low-income households.
Additionally, over 300,000 free vaccinations were administered to individuals from low-income households through a partnership with Jaslok Hospital and Research Centre.To address food security during the second wave, over 3.37 lakh ration kits were distributed to families across India, impacting 1.56 million individuals through GiveIndia. Citi CSR’s youth employability program empowered over 70,000 youth (52% of whom were women) by supplying market-driven programs and providing placement opportunities in collaboration with 8 NGO partners.
Through our Bank for Good program, Citi provided doorstep financial literacy to over 186,000 women in Karnataka enabling 4,897+ of them to influence women in their villages to and become change agents in partnership with Buzz Women.
