Green, Social and Sustainability Bonds
MUFG has invaluable experience from both sides of the Green Bond issuance process, having been both an issuer and underwriter. Given this, as well as our thorough knowledge of the Sustainable Financing market, we provide unrivalled expertise, strong support and innovative solutions to our clients.
Since 2016, MUFG has issued four Green Bonds, totalling the equivalent of US$1.81 billion across three markets. These bonds have been used for the development, construction, operation or expansion of renewable energy projects.
In 2018, MUFG's Green Bond Framework was expanded to also include financing for Eligible Green Properties owned by J-REITs.
MUFG has been involved in this market since its inception, and from the start of 2018 we have underwritten 48 Green, Social and Sustainability bond issues in each of the US, European and Asian markets, totalling the equivalent of over US $18 billion.
MUFG is a leading provider of finance to sustainable projects, including renewable power generation, energy efficiency projects, hospitals and social housing. The Bank has significant experience as both advisor and lender to these sectors.
Green and Sustainability Linked Loans corporate facilities are a more recent but fast developing sustainable financing instrument in the market. MUFG has been active in this market working with and arranging a number of deals for our clients committed to sustainability.
MUFG aims to provide a cumulative total of 20 trillion yen in sustainable finance (including 8 trillion yen for environment) in 2019-2030 to help build a sustainable society and attain the SDGs through the provision of financial services to our clients. We are actively targeting seven SDGs identified as priorities that must be addressed.
MUFG participates in a variety of initiatives to drive the adoption of the best environmental and sustainability practices, including the United Nations Global Compact, United Nations Environment Program Finance Initiative and Principles for Responsible Investment. MUFG adopted the Equator Principles in 2005 in order to ensure that the projects we finance and advise on are developed in a socially responsible manner and help establish good environmental management practices. Additionally, we are a Steering Committee member of the Equator Principles Association.
Featured Case Study
Philips issues inaugural Green Innovation Bond