Our vision is to be the preeminent banking partner for corporate, commercial, investor, and public sector clients with cross-border needs.
Citi is proud to be Principal Partner of Taronga Conservation Society Australia and a supporter of Taronga's reef recovery restoration and research.
In Australia, Taronga is the leading organisation in applying cryopreservation technologies to reef management, restoration, and research. This work is essential to saving genetic diversity and regenerating our reefs.
The Great Barrier Reef is one of the world's natural wonders and plays an important role in our global economy and ecosystem. Citi Research shows US $44 trillion of economic value generation is moderately or highly dependent on nature loss. Australia ranks in the top 10 countries worst impacted by nature loss, with events in reefs, like coral bleaching, being key contributors to this damage. Supporting reef recovery work is a uniquely Australian way that Citi can deliver on our global commitments to minimise the impact of a biodiversity crisis.
Through our partnership with Taronga, our clients, customers and employees have the opportunity to increase their own awareness of conservation efforts and learn about the importance of ecological sustainability for protection of our natural environment.
Citi has supported the Koala exhibit and conservation efforts at Taronga since 2020, and we are proud of the significant positive impacts our investment has made. Partnering with Taronga to tackle biodiversity loss is a natural extension of our partnership and honours the commitment to our clients, employees, and community to be a true partner on the transition to a lower-carbon economy.
Taronga is an iconic zoo-based conservation organisation with scientific study and practices working to preserve biodiversity and nature critical to people and economies. Through research, education, action and advocacy, Taronga is leading vital work that supports wildlife, habitats, and communities across the globe.
Taronga's Conservation Science team travelled to Queensland in December 2022 to secure the genetic diversity of coral in the Great Barrier Reef.
A world first, the successful mission froze new coral larvae species during coral spawning season and are now banked at Taronga's CryoDiversity Bank. -the largest cryobank of living coral cells in the world right here in Australia at Taronga Zoo.
Learn more about Citi Australia's involvement as a Principal Sponsor while enjoying a deep dive into one of our natural wonders.