- Citi Supporting the Community
Citi has a long-term commitment to Australia and supports the community in which we live and work through programs that have a sustainable impact. We have three primary areas of focus: Financial Education, Environment and Education. In each of these areas Citi provides financial support and opportunities for employee involvement.
Financial education is a key priority at Citi - it is a natural extension of the work we do and helps make a difference in our local community.
In 2004, the US-based Citi Foundation made a historic 10 year, $200 million global commitment to financial education and is now well ahead of schedule in funding that commitment.
Financial Education, Counselling and Community Hub
Mission Australia operates more than 450 services across metropolitan, rural and regional Australia- in every state and territory. Their programs combat homelessness; assist families and children to develop a solid foundation; support disadvantaged young people; deliver entry-level training; and help unemployed people find permanent work - getting them back on their feet.
Citi supports Mission Australia's Financial Education, Counselling and Community Hub in Campbelltown, in south west Sydney. The Hub aims to provide:
- Prevention and early intervention programs to educate the local community about budgeting and how to access support early when families are at risk of financial crisis.
- Crisis support to meet the immediate needs of people in financial crisis, through the provision of financial and gambling counselling.
- Transitional and longer-term support to help break the cycle of hardship, with access to case management and referrals to employment services programs.
Citi has partnered with The Smith Family to deliver the first accredited course in financial literacy for students as part of a commitment to improving financial literacy outcomes for disadvantaged children. The course will be rolled out to students aged 15-18 years in communities across Victoria and New South Wales.
Called Money for Life, the initiative will help students develop their skills in financial literacy by offering the opportunity to gain a Certificate 1 Financial Services. This is the only financial literacy course in Australia that can be used as a credit towards a student's Year 12 qualification.
MakingCents was developed with the belief that starting financial education from an early age is key to setting good foundations for the future. Aimed at children in grades 1 - 6, MakingCents is a financial education initiative that is a curriculum based resource for primary school teachers which is matched to all state and territory curricula. The MakingCents program not only aims to help students, but also encourages families to support their children's learning at home through a complementary program for parents. In NSW this is available to schools in low socio-economic areas. The program provides parents with information and practical ideas they can introduce at home to expand their children's school knowledge and experience. MakingCents is supported by a website to provide additional resources for parents and teachers- www.makingcents.com.au.
Supporting MakingCents is the Financial Skills Assessment- an online tool that measures the financial literacy of Australian children aged between 10 and 12 years. The Financial Skills Assessment is designed for school teachers and can be accessed year round via the MakingCents website.
Helping children reach their potential through the support of education programs with a focus on low socio economic communities.
Australian Business Community Network
Citi has joined the Australian Business Community Network (ABCN)- a group of businesses working with public schools to broaden opportunities for students and support innovation and enterprise. We support ABCN through three programs;
- Partners in Learning - links business and educational professionals so they can share experiences, solve problems and explore leadership challenges together. Roy Gori and Stephen Roberts are involved in Partners in Learning.
- GOALS is a one-on-one mentoring partnership that aims to widen the life choices of students considered at risk of disengaging from school. Twenty Citi employees are involved in the GOALS mentoring program.
- Career Choice Day - Citi plays host to groups of students for a day to demonstrate the range of careers available at Citi.
University of NSW Foundation - Aspire
ASPIRE is an outreach program, supporting children from low socio economic community schools in Sydney who have the potential to access higher education but have barriers to participation. The University of NSW facilitates a range of programs, both in school and on campus for students to attend. In partnership we have also developed a new program - Aspire@Citi which brings the students to Citi for a day to participate in a career workshop and learn more about employee careers.
Citi has developed a strong culture of employee involvement in the community through the Citi Workplace Giving and volunteering programs.
The Citi Workplace Giving program enables employees to make donations on a pre-tax basis to specific charities through regular payroll deductions.
Charities are selected based on feedback from employees and currently include: Ardoch Youth Foundation, The Cancer Council, The Children's Hospital at Westmead (incorporating Bear Cottage,) Conservation Volunteers Australia, Fred Hollows Foundation, Giant Steps, Learning Links, MS Australia, Opportunity International, RSPCA, The Salvation Army, The Shepherd Centre and Starlight Children's Foundation and Conservation Volunteers Australia.
All Citi employees are entitled to one day paid volunteering leave and Citi provides flexibility to take this leave over a period of time. Volunteering leave is available for employees to support a charity they are passionate about, or to participate in mentoring programs with Citi community partners.
Global Community Day
Held in November each year, Global Community day is an event to encourage Citi employees to volunteer in their local community.
To find out more about Citi's Corporate Responsibility initiatives, click here.
For further information please visit the Community section of www.citi.com.au.