UK ESG Disclaimer

This product/service/communication (the “Subject") is intended to comply with the general principles, laws, rules and regulations related to environmental, social, and governance (ESG), sustainability or corporate responsibility. However, please be aware that ESG standards and regulatory requirements may vary significantly across different jurisdictions. As such, depending on your country of residence or incorporation, there may be specific local requirements or standards that the Subject does not fully address. We encourage you to consider your local requirements and your own ESG criteria and objectives when selecting our products and services.

It should be noted that no universally accepted global framework (legal, regulatory, or otherwise) currently exists, nor is there a market consensus in terms of what constitutes a “green", “sustainable", “responsible", “traditional", or equivalent “ESG" investment, communication, product, or offering. Furthermore, no assurance can be given that such a universally accepted framework or consensus will develop over time. Although there have been regulatory efforts in certain jurisdictions and regions (in particular, in the European Economic Area) to define such concepts, the legal and regulatory framework is still under development.

Additionally, the lack of common or harmonised definitions and labels currently regarding what is considered “green", “ESG", “sustainable", “responsible", and other similar criteria, or clear guidelines on what these monikers mean may result in different approaches being taken by different institutions.

Alongside its sustainable financing activities, MUFG and its affiliates invest in and finance projects associated with a wide range of industries, businesses and jurisdictions including in, but not limited to, high-emitting and hard to abate sectors such as the energy sector. MUFG commits to achieve net zero emissions in its finance portfolio by 2050 and its own operations by 2030. MUFG's Carbon Neutrality Declaration Roadmap can be found here.

Accordingly, no assurance, warranty or representation can be given by MUFG Securities EMEA plc and/or by MUFG Bank Ltd. London Branch (together “MUFG EMEA") that any of their investments, products, communications, services or offerings will meet any or all expectations regarding “green", “ESG", “sustainable", “responsible", or other equivalently labelled objectives or that no adverse environmental, social, and/or other impacts will occur.

The providers of any opinions, certifications, reviews and validations in connection with MUFG EMEA programmes and/or frameworks are not currently subject to any specific regulatory or other regime or oversight. Any such opinion, certification, review and validation issued in connection with MUFG EMEA programmes and/or frameworks is not, nor should be deemed to be, a recommendation by us or any opinion or certification provider, external verifier or any other person. There will be no recourse against MUFG EMEA or the provider of any such opinion, certification, review or validation for the contents of any such opinion, certification, review or validation. Prospective consumers of the Subject must determine for themselves the relevance of any such opinion, certification, review or validation and/or the information contained therein and/or the provider of such opinion, certification, review or validation.

MUFG Bank (Europe) N.V ESG Disclaimer

This product/service/communication (the “Subject") is intended to comply with the general principles, laws, rules and regulations related to environmental, social, and governance (ESG), sustainability or corporate responsibility. However, please be aware that ESG standards and regulatory requirements may vary significantly across different jurisdictions. As such, depending on your country of residence or incorporation, there may be specific local requirements or standards that the Subject does not fully address. We encourage you to consider your local requirements and your own ESG criteria and objectives when selecting our products and services.

It should be noted that no universally accepted global framework (legal, regulatory, or otherwise) currently exists, nor is there a market consensus in terms of what constitutes a “green", “sustainable", “responsible", “traditional", or equivalent “ESG" investment, communication, product, or offering. Furthermore, no assurance can be given that such a universally accepted framework or consensus will develop over time. Although there have been regulatory efforts in certain jurisdictions and regions (in particular, in the European Economic Area) to define such concepts, the legal and regulatory framework is still under development.

Additionally, the lack of common or harmonised definitions and labels currently regarding what is considered “green", “ESG", “sustainable", “responsible", and other similar criteria, or clear guidelines on what these monikers mean may result in different approaches being taken by different institutions.

Accordingly, no assurance, warranty or representation can be given by MUFG Bank (Europe) N.V. including its branches (together “MUFG EUROPE") that any of their investments, products, communications, services or offerings will meet any or all expectations regarding “green", “ESG", “sustainable", “responsible", or other equivalently labelled objectives.

The providers of any opinions, certifications, reviews and validations in connection with MUFG EUROPE programmes and/or frameworks are not currently subject to any specific regulatory or other regime or oversight. Any such opinion, certification, review and validation issued in connection with MUFG EUROPE programmes and/or frameworks is not, nor should be deemed to be, a recommendation by us or any opinion or certification provider, external verifier or any other person. There will be no recourse against MUFG EUROPE or the provider of any such opinion, certification, review or validation for the contents of any such opinion, certification, review or validation. Prospective consumers of the Subject must determine for themselves the relevance of any such opinion, certification, review or validation and/or the information contained therein and/or the provider of such opinion, certification, review or validation.

Alongside its sustainable financing activities, MUFG and its affiliates invest in and finance projects associated with a wide range of industries, businesses and jurisdictions including in, but not limited to, high-emitting and hard to abate sectors such as the energy sector. MUFG commits to achieve net zero emissions in its finance portfolio by 2050 and its own operations by 2030. MUFG's Carbon Neutrality Declaration Roadmap can be found here.

MUS(EU) ESG Disclaimer

This product/service/communication (the “Subject") is intended to comply with the general principles, laws, rules and regulations related to environmental, social, and governance (ESG), sustainability or corporate responsibility. However, please be aware that ESG standards and regulatory requirements may vary significantly across different jurisdictions. As such, depending on your country of residence or incorporation, there may be specific local requirements or standards that the Subject does not fully address. We encourage you to consider your local requirements and your own ESG criteria and objectives when selecting our products and services.

It should be noted that no universally accepted global framework (legal, regulatory, or otherwise) currently exists, nor is there a market consensus in terms of what constitutes a “green", “sustainable", “responsible", “traditional", or equivalent “ESG" investment, communication, product, or offering. Furthermore, no assurance can be given that such a universally accepted framework or consensus will develop over time. Although there have been regulatory efforts in certain jurisdictions and regions (in particular, in the European Economic Area) to define such concepts, the legal and regulatory framework is still under development.

Additionally, the lack of common or harmonised definitions and labels currently regarding what is considered “green", “ESG", “sustainable", “responsible", and other similar criteria, or clear guidelines on what these monikers mean may result in different approaches being taken by different institutions.

Accordingly, no assurance, warranty or representation can be given by MUFG Securities (Europe) N.V. including its branches (together “MUFG SECURITIES EUROPE") that any of their investments, products, communications, services or offerings will meet any or all expectations regarding “green", “ESG", “sustainable", “responsible", or other equivalently labelled objectives.

The providers of any opinions, certifications, reviews and validations in connection with MUFG EUROPE programmes and/or frameworks are not currently subject to any specific regulatory or other regime or oversight. Any such opinion, certification, review and validation issued in connection with MUFG SECURITIES EUROPE programmes and/or frameworks is not, nor should be deemed to be, a recommendation by us or any opinion or certification provider, external verifier or any other person. There will be no recourse against MUFG SECURITIES EUROPE or the provider of any such opinion, certification, review or validation for the contents of any such opinion, certification, review or validation. Prospective consumers of the Subject must determine for themselves the relevance of any such opinion, certification, review or validation and/or the information contained therein and/or the provider of such opinion, certification, review or validation.

Alongside its sustainable financing activities, MUFG and its affiliates invest in and finance projects associated with a wide range of industries, businesses and jurisdictions including in, but not limited to, high-emitting and hard to abate sectors such as the energy sector. MUFG commits to achieve net zero emissions in its finance portfolio by 2050 and its own operations by 2030. MUFG's Carbon Neutrality Declaration Roadmap can be found here.