MUFG and Sustainable Finance
MUFG is a leading global financial services group and one of the largest banking institutions in Japan, offering a variety of sustainable finance products to support our clients. Specifically, MUFG is a leading partner when underwriting and arranging Green, Social, Sustainability, and Sustainability-Linked loans and bonds, alongside our work on the product side, which includes projects such as financing new technologies to help decarbonise the real economy. MUFG also has its own Sustainable Finance Framework and has issued multiple Green, Social, and Sustainability Bonds in its own name in global markets.
We take part in global initiatives to drive social and environmental progress. These include the United Nations Global Compact, the United Nations Environment Programme Finance Initiative, Principles for Responsible Investment amongst others with a full list available here. MUFG is an accredited entity with the Green Climate Fund, which was set up by the countries that are parties to the United Nations Framework Convention on Climate Change.
MUFG adopted the Equator Principles in 2005 to ensure that the projects we finance and advise on are developed in a socially responsible manner and help establish good environmental management practices.
MUFG aims to provide a cumulative total of JPY100 trillion, increased from JPY35 trillion in April 2024, in sustainable finance (including loans, equity investment in funds, arrangement of project finance and syndicated loans, underwriting of equities and bonds, and financial advisory services) between 2019 and 2030 to help build a sustainable society and half is earmarked for environmental purposes. Additionally in May 2019, MUFG revised the MUFG Environmental and Social Policy Framework in response to the international community's plea for climate change actions and reflecting various stakeholders' opinions and ideas on environmental and social issues. MUFG reviews this Policy annually to adjust for changing standards.
In August 2019, MUFG announced the establishment of a Sustainable Business Office (now Sustainable Business Division), specialising in sustainable financing and investing. It works with teams globally to mitigate mid- to long-term sustainability risks and develop financial products that meet our clients' needs to help them achieve sustainable business growth.
MUFG's Carbon Neutrality Declaration, a commitment to achieve net zero emissions in our finance portfolio by 2050 and our own operations by 2030, was announced in May 2021. Information around progress towards these goals can be found in MUFG's annual Climate Report.
MUFG has an active CSR programme across its EMEA and global offices. MUFG's Inclusion and Diversity networks explore relevant topics, raise awareness and drive change across the organisation.
