City attorney general Juman Williams is pressing for a renaming New York MetsHome stadium, Citi Field, due to climate change concerns.
Citibank’s parent companyInc., Citigroup, is more than halfway through its 20-year naming rights agreement with the Mets, but Williams believes the company has a troubling relationship with the fossil fuel industry.
“The attorney general and fans will remember the bank’s role in financing polluters and profiting from climate chaos,” Williams’ office said in a statement.
Williams held a press conference earlier this week for the press Mets owner Steve Cohen on issues.
“New Yorkers know I bleed blue and orange—the Mets represent an incredible spirit, history, and institution that is of tremendous value to New Yorkers,” said Williams. “However, Citibank’s practices do not represent the values of the Mets or our city, and we must make better demands. If Citi refuses to end its toxic relationship with the fossil fuel industry, the Mets must end their partnership with Citi.”
According to Bloomberg, Citi has contributed about $31 billion in combined lending and insurance to oil, gas and coal companies since 2021.
Lucas Sanchez, Co-CEO, Inc New York Communities for a Change said he has been a “huge fan of the Mets” his whole life but not a fan of Citi which owns the naming rights.
“I can’t teach my kids to love the Mets if I’m also teaching them about climate change,” said Sanchez, whose children are 7, 9 and 13. “
The pressure to change the name comes shortly after protests outside major banks in the country, in which demonstrators are calling on financial institutions to divest from fossil fuel companies.
Representatives for the Mets did not respond to requests from Fox News Digital Wednesday.
Citi spokeswoman Katie Doshi said the bank “recognizes the importance of transitioning to a low-carbon economy,” citing its pledge to invest $1 trillion in green energy and other climate solutions by 2030.
“Our approach reflects the need for transformation while continuing to meet global energy needs,” he added. “We look forward to continuing the strong relationship we have with the Mets and Citifield.”
Citigroup’s deal with the Mets is valued at $400 million, or $20 million annually.
Williams did not give an alternate name for the stadium.