Citizens recognized by Monitor Daily as Top Company for ESG

Citizens has been recognized by Monitor Daily, the leading source of industry news and resources for equipment finance and leasing, as a top company for ESG - a testament of our support for commercial customers and their sustainability journeys.

At Citizens, we are committed to building a more sustainable future. As a bank, we play an important role in driving positive climate impact by supporting our clients, particularly those in high-emitting sectors, with advice, innovative products and solutions.

Brent Hazzard, President of Asset Finance & Head of Asset Based Lending shared, “Our Asset Finance team works to proactively understand emerging technologies and their application, as well as how to navigate incentives created through recent legislation. These proactive efforts allow us to be open to exploring financing for these new technologies and ready to support clients in high emitting sectors with creative solutions.”

“Citizens Financial Group's ESG strategy is comprehensive and action-oriented, providing a blueprint for other companies in the financial sector. The emphasis on corporate governance, climate impact, workforce development, community support and proactive client engagement positions Citizens as a leader in sustainable finance. The lessons learned from their initiatives offer valuable insights for other organizations looking to integrate ESG principles into their business strategies.”

-          Monitor Daily

Role of Equipment Finance in Lowering Global Emissions

For Citizens clients, navigating the transition to a low-carbon future may include making large-scale capital investments to decarbonize operations, deploying new technologies, or reorganizing significant portions of their businesses. At the same time, new and scaling technologies, accelerated by policy incentives, can improve efficiency and reduce operating costs while expanding access to new markets and customers.

A close look at equipment is often key to managing climate-related risks and seizing business opportunities – from upgrading generators to meet new regulations, installing new equipment that captures and utilizes leaked gasses, or investing in emerging clean technologies for heating systems or transportation fleets.

We see equipment finance playing a pivotal role in supporting the energy transition. By delivering clear and objective advice, developing innovative products, and financing technologies aligned with low-carbon solutions, our asset finance teams are helping clients meet their sustainability goals and accelerate the transition to a sustainable economy.

To learn more about the recognition visit Monitor Daily.