Mitsubishi Ufj Financial
Mitsubishi UFJ Financial Group, often referred to as MUFG, is a leading financial institution headquartered in Tokyo, Japan. Established in 2000 through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings, MUFG has since become a prominent player in the global banking industry, with significant operations across Asia, the Americas, and Europe. As a comprehensive financial services provider, MUFG offers a wide range of products, including commercial banking, trust banking, securities, and asset management. Its unique integration of services allows for tailored financial solutions that meet diverse client needs. With a strong market position, MUFG is recognised for its robust capital base and innovative approach, consistently ranking among the largest financial groups in the world.
DitchCarbon Score
How does Mitsubishi Ufj Financial's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Mitsubishi Ufj Financial's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mitsubishi Ufj Financial's reported carbon emissions
In 2023, Mitsubishi UFJ Financial Group (MUFG) reported total carbon emissions of approximately 175,000,000 kg CO2e globally, with 54,000,000 kg CO2e attributed to its operations in Japan. The emissions are categorised into Scope 1 and Scope 2, with no specific Scope 3 data disclosed for the year. Over the years, MUFG has shown a commitment to reducing its carbon footprint. In 2020, the total emissions were about 175,244,000 kg CO2e, indicating a stabilisation in emissions levels. However, specific reduction targets or initiatives have not been detailed, as there are no documented reduction targets or climate pledges available. The company has consistently reported emissions across all three scopes in previous years, with significant figures such as 224,439,000 kg CO2e in 2017 and 202,209,000 kg CO2e in 2019. The emissions from Scope 1 and 2 combined have been a focus, with efforts to monitor and manage these figures as part of their broader climate commitments. MUFG's approach aligns with industry standards for climate accountability, although further transparency regarding specific reduction strategies would enhance their commitment to climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,421,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | 212,282,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | - |
| Scope 3 | 11,487,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000 | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mitsubishi Ufj Financial is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
