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Public Profile
Financial Intermediation
JP
updated 17 days ago

Mitsubishi Ufj Financial Sustainability Profile

Company website

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.

39

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.

32

Industry Benchmark

Mitsubishi Ufj Financial's score of 39 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Mitsubishi Ufj Financial's reported carbon emissions

In 2023, Mitsubishi UFJ Financial Group (MUFG) reported total greenhouse gas emissions of approximately 175,000,000 kg CO2e, comprising 27,000,000 kg CO2e from Scope 1 and 148,000,000 kg CO2e from Scope 2. The company has set ambitious climate commitments, aiming for a 32% reduction in absolute greenhouse gas emissions from FY2013 levels by FY2020, which they achieved by FY2017. Looking ahead, MUFG has established interim targets for 2030, including a 22% reduction in absolute emissions from 2019 levels across Scope 1, Scope 2, and Scope 3 emissions. Specifically, they aim for net-zero emissions from their own operations (Scope 1 and 2) by 2030 and net-zero emissions from their financed portfolio (Scope 3) by 2050. These commitments reflect MUFG's proactive approach to addressing climate change and align with industry standards for sustainability and emissions reduction. The data is sourced from Mitsubishi UFJ Financial Group, Inc., with no cascaded emissions data from parent organizations.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520162017201820192020202120222023
Scope 1
11,344,000
00,000,000
00,000,000
00,000,000
0,000,000
-
-
-
00,000,000
Scope 2
209,604,000
000,000,000
000,000,000
000,000,000
000,000,000
-
-
-
000,000,000
Scope 3
11,792,000
00,000,000
00,000,000
00,000,000
0,000,000
-
-
-
-

How Carbon Intensive is Mitsubishi Ufj Financial's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mitsubishi Ufj Financial's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Mitsubishi Ufj Financial's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Mitsubishi Ufj Financial is in JP, which has a low grid carbon intensity relative to other regions.

Mitsubishi Ufj Financial's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Mitsubishi Ufj Financial has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Mitsubishi Ufj Financial's Emissions with Industry Peers

United Bankshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Bank Of America

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Sumitomo Mitsui Financial

JP
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Boston Private Financial Holdings, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

JAPAN POST BANK Co., Ltd.

JP
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Wells Fargo

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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