Action for Racial Equity

December 31, 2023

Between 2020 – 2023, Citi and the Citi Foundation led a three-year $1 Billion+ commitment to pursue a range of business and philanthropic initiatives designed to help close the racial wealth gap in the U.S.


  • Our $1 Billion Commitment:
    Citi launches more than $1 Billion in strategic initiatives to help close the racial wealth gap in the U.S.
  • Early Results: Six months into the commitment, Citi shares initial results generated through Action for Racial Equity (ARE)
  • Year One Progress Report: A deep dive of progress highlights one year into the ARE commitment
  • An Update on Our Progress: See updates on Action for Racial Equity reported as part of the annual Citi ESG Report in 2022.
  • Racial Equity Audit Announcement: Citi demonstrates ongoing support for measurement and transparency by committing to conduct a racial equity audit.

While we met and exceeded our initial three-year commitment, we know our work to help close the racial wealth gap is not over. Citi is doing its part to maintain momentum in three key ways. Learn more about how we are expanding economic opportunity and financial inclusion by helping close the racial wealth gap in the U.S.

Sign up to receive the latest news from Citi.