Citibank to Reduce Carbon Emissions with Carbon Credits
Citibank, one of the world’s largest banks, has announced a new initiative to reduce its carbon emissions by investing in carbon credits. The program is part of Citibank’s commitment to sustainability and reducing its environmental impact. Carbon credits are a form of currency that can be used to offset emissions from activities such as burning fossil fuels. Companies can purchase carbon credits from organizations that are working to reduce emissions, such as planting trees or installing renewable energy sources. By buying carbon credits, companies can reduce their own emissions without