This profile hasn't yet passed our validation checks
Submit your email to push it up the queue
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 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
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 globally, comprising about 27,000,000 kg CO2e from Scope 1 and 148,000,000 kg CO2e from Scope 2. In Japan, the company’s emissions for the same year were about 54,000,000 kg CO2e, which includes both Scope 1 and 2 emissions. MUFG has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions from its own operations (Scope 1 and 2) by 2030. Additionally, the company has pledged to reduce its absolute Scope 3 emissions by 15% to 28% by the end of 2030, using 2019 levels as a baseline. This includes a specific target of a 22% reduction in absolute GHG emissions from the steel sector by 2030. Historically, MUFG achieved a 32% reduction in absolute greenhouse gas emissions from FY2013 by FY2017, demonstrating its commitment to sustainability. The company is also working towards a 50% reduction in global emissions by fiscal 2026. These initiatives reflect MUFG's dedication to addressing climate change and aligning with global sustainability goals, as outlined in its Carbon Neutral Declaration. The emissions data and reduction targets are sourced from Mitsubishi UFJ Financial Group, Inc., ensuring transparency and accountability in its climate strategy.
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 | - | - | - | 00,000,000 |
| Scope 2 | 212,282,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | 000,000,000 |
| Scope 3 | 11,487,000 | 00,000,000 | 00,000,000 | 0,000,000 | - | - | - | - |
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 participating in any of the initiatives that 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.
