2017 Global Citizenship Report Executive Summary

CASE STUDY Rattlesnake Wind Farm In April 2017, Citi provided tax equity financing with BHE Renewables (a division of Berkshire Hathaway Energy) to the Chicago-based Goldwind America’s 160-megawatt Rattlesnake Wind Project in McCulloch County, Texas. Citigroup Energy Inc. provided the long-term physical power hedge under which the project will receive a fixed power price. Goldwind is a subsidiary of China-based Xinjiang Goldwind Science & Technology Co. Ltd., the largest manufacturer of permanent magnet direct-drive wind turbines in the world. This project will be Goldwind’s largest U.S. project to date, utilizing 64 of its turbines, once operational. The Rattlesnake Wind Project will bring significant economic benefit to the community of McCulloch County; the company estimates it will support approximately 250 well-paying construction and service-related jobs. * Transactions fall within multiple categories of reporting. For complete data, see our 2017 Global Citizenship Report, http://www.citigroup.com/citi/about/citizenship/download/2017/2017_citi_global_citizenship_report.pdf. ** Includes green portion of sustainability bonds when information is available. $100 BILLION ENVIRONMENTAL FINANCE GOAL: FINANCIAL HIGHLIGHTS, 2014–2017 $9.3 B ** in green bonds $2.0 B in green building $36.3 B in renewable energy $5.1 B in sustainable transportation $6.3 B in water quality and conservation $11.8 B in public finance $57.0 B toward the $100B Environmental Finance Goal * RESULTED IN What’s Ahead The scale of the climate challenge necessitates a major evolution in environmental finance—one that enables rapid growth in technologies that reduce or avoid greenhouse gas emissions, such as energy storage and carbon sequestration. While we know that slowing global warming is an important goal, it is also important to look at how to reverse the trend. This will require an unprecedented, cross-sector and international effort to quicken the pace of new technology adoption, while also working toward a responsible transition towards a low-carbon economy. Citi, along with our clients, will continue to work to understand these emerging market opportunities in a way that also addresses the critical SDG development agenda. Citi 2017 Global Citizenship Report Executive Summary 23