E 4 Education campaign to be implemented across all of Citi’s e-trading businesses for the first time
Citi today announced the launch of its 2020 E for Education campaign.
Citi donates a percentage of the business proceeds traded electronically during the eight-week campaign from September to October.
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The campaign raises funds for education-focused non-profit organizations that tackle childhood illiteracy and improve access to quality education.
“This year’s campaign is more important than ever to us. The pandemic has posed an unprecedented challenge for our non-profit partners, who work in the heart of communities. Facing pressure on all fronts with heightened demand, they are working tirelessly to adapt, adjust and deliver. Through this campaign, we hope to raise awareness and support them in providing much needed services at this time.”– Itay Tuchman, Global Head of FX.
Citi’s first E for Education campaign originated in FX in 2013 and the campaign has been expanded across Citi’s Markets and Securities e-trading businesses for the first time this year, including Commodities, Rates, Global Spread Products and, for the second year, Futures & Equities.
Citi works with 10 non-profit partners globally that support the right to education for all children, including the Malala Fund in 2018 and Teach For All for the first time in 2020. The non-profit partners represent the global footprint of Citi’s Markets and Securities business.
“Teach For All is honoured to be selected as a beneficiary of Citi’s e for education program. Citi and Teach For All share a deep belief in the power of education and a commitment to expanding opportunity for children on a global scale. At a time when COVID-19 has forced schools to close for 90% of children globally and exacerbated existing inequities for the most marginalized, Citi’s support is particularly important and will help to develop thousands of teachers and education leaders and to disseminate learnings from around the world on how to positively impact students, families, and communities.” – Wendy Kopp, CEO and Co-Founder of Teach For All.
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Since its launch, the campaign has:
- Raised over $37 million
- Supported 606k + youth
- Helped 530+ schools
- Has spanned over 32 countries, with the inclusion of Teach For All, this will grow to over 70
2020 Partners:
Teach For All
A global network of organisations working to ensure all children have the education, support, and opportunity they need to fulfil their potential.
Malala Fund
Breaks down the barriers preventing more than 130 million girls around the world from going to school
Civic Builders
Builds environments fit for learning
Empower
Supports at-risk youth in education in EM countries
Fallen Patriots
Educates children who have lost a parent in the US Military
Place2Be
Enhances the wellbeing and prospects of children and their families by providing access to therapeutic and emotional support in schools
Reach the World
Makes the benefits of travel accessible to classrooms, inspiring youth to become more curious, confident global citizens
Room to Read
Gives children in EM countries access to education
Teach First
Develops teachers (and supports talented teachers to become inspiring and effective leaders)
Uncommon Schools
Opens schools in low-income areas
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