MUFG Bank, Ltd., a prominent player in the global banking industry, is headquartered in Tokyo, Japan. Established in 1880, MUFG has evolved into one of the largest financial institutions in the world, with a strong presence across Asia, the Americas, and Europe. The bank offers a comprehensive range of services, including corporate banking, investment banking, and asset management, distinguished by its commitment to client-centric solutions and innovative financial products. As a key subsidiary of Mitsubishi UFJ Financial Group, MUFG Bank has achieved significant milestones, including its ranking among the top banks globally by assets. Its unique blend of traditional banking expertise and modern financial technology positions MUFG as a leader in the industry, catering to a diverse clientele with tailored financial solutions.
How does MUFG Bank, Ltd.'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.
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.
MUFG Bank, Ltd.'s score of 36 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MUFG Bank, Ltd., headquartered in Japan (JP), has made significant commitments towards reducing its carbon emissions, although specific emissions data is currently unavailable. The bank has set ambitious targets to achieve net zero emissions in its own operations by 2030 and in its finance portfolio by 2050. These commitments were announced in May 2021 and encompass both Scope 1 and Scope 2 emissions. As a current subsidiary of Mitsubishi UFJ Financial Group, Inc., MUFG Bank's climate initiatives are aligned with broader corporate sustainability goals. The bank's focus on achieving net zero emissions reflects its dedication to addressing climate change and promoting sustainable finance. While specific emissions figures are not provided, MUFG Bank's proactive stance on climate commitments positions it as a responsible player in the financial sector, aiming to contribute positively to global climate goals.
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 | - | - | - | - |
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.
MUFG Bank, Ltd. 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.