MUFG Bank, Ltd. Sustainability Profile
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.
DitchCarbon Score
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.
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
MUFG Bank, Ltd.'s score of 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MUFG Bank, Ltd.'s reported carbon emissions
MUFG Bank, Ltd., headquartered in Japan (JP), has set ambitious climate commitments aimed at achieving net zero emissions in its 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 of now, there is no specific emissions data available for MUFG Bank, Ltd., indicating a lack of reported carbon emissions figures. However, the bank's proactive stance on climate action reflects its dedication to sustainability and environmental responsibility. The targets are part of a broader strategy to align with global climate goals and demonstrate leadership in the financial sector. The emissions data is cascaded from its parent company, Mitsubishi UFJ Financial Group, Inc., which underscores the bank's commitment to corporate responsibility within its corporate family. MUFG Bank, Ltd. is actively working towards these targets, contributing to the global effort to mitigate climate change.
How Carbon Intensive is MUFG Bank, Ltd.'s Industry?
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MUFG Bank, Ltd.'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.
MUFG Bank, Ltd. 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.
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