The Citi Standoff

Check it out! Our Citi Standoff action was featured on Democracy Now. Check out the full segment below or on our social media!

For months we’ve taken action at Citi to demand they stop financing fossil fuels. Our action in June with Gulf leaders was one of the biggest, boldest, and best of the summer – and it got us our one and only meeting with Citibank staff to talk about our demands.

But Citi has refused to change their investments, policies, or even to follow up and meet with frontline leaders from the Gulf about the impacts of projects like CP2. These new fossil fuel projects continue to be built with investment from Wall Street fossil financiers. So on September 23rd we’re giving Citi a choice: Either come down to meet with climate leaders from the Gulf South, or we shut down their corporate headquarters.

Sign up if you want to be part of the action!

  • What: Citi Standoff: Come Down or Shut Down
  • When: Monday September 23rd at 9:30AM
  • Where: Citigroup’s Global Headquarters (388 Greenwich St, New York, NY 10013)

Citi is clinging to the fiction that because they’ve pledged to be ‘net zero by 2050’ they are already doing enough to fight climate chaos. For months, leaders from Louisiana and Texas whose communities are being poisoned by Citi’ fossil fuel investments have been trying to schedule a sit-down meeting with Citi executives. Back in July, several representatives from Citi’s PR department met on Zoom with Gulf leaders. But since then, Gulf leaders have reached out time and time again to demand a sit down meeting with no success. And the facts are that Citi is still invested in fossil fuels that are pushing the climate past critical tipping points, and harming specific communities on the frontlines of fossil fuel extraction, refining , and export:

  1. Since 2015, Citi has given Chevron more than $2.5 billion in loans and investment, literally fueling genocide and war.
  2. Since 2021, Citibank has provided $60 billion to the companies most aggressively engaging in *new* fossil fuel development
  3. Last year, Citi provided $4.3 billion to companies developing new LNG projects, like the CP2 project we’ve been fighting so hard to stop in Louisiana

Gulf leaders and allies are left with no choice but to descend upon Citi’s global headquarters in NYC. On Monday, September 23rd, 50 frontline leaders, many of them children and young people, from the Gulf will arrive at Citigroup’s HQ in hopes of finally sitting down face-to-face with Citi leadership.

We need as many people as possible to join us on September 23rd. Click here if we can count on you to attend!

4 Comments

  1. Citi, it’s time to end you shenanigans.

  2. In spirit I support your group’s actions. We must fight against Global Warming any way possible. Therefore all banks should sit
    down with your group and try to face the facts that the United States must quit using
    fossil fuels as much as is possible and as
    soon as possible without causing major
    disruption to the functioning of our society.
    But time is running out!

  3. William von Zangenberg

    Citi needs to domore than pay lip service to Climate Change. They should be on the frontline helping to finance alternative fuels.

  4. Citi spends a fraction of time & monies on ‘cleaning up the globe’. The bottom line is profit for investors but their own ‘profit’ sets in a Black Hole doing eat?