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Financial Intermediation
AU
updated 5 days ago

MUFG Bank, Ltd.

Company website

MUFG Bank, Ltd., a prominent financial institution, is headquartered in Australia and operates extensively across Asia, Europe, and the Americas. Established in 1880, MUFG has evolved into a leading player in the banking industry, offering a comprehensive range of services including corporate banking, investment banking, and asset management. The bank is renowned for its commitment to innovation and customer-centric solutions, providing unique products such as tailored financing options and sustainable investment strategies. With a strong market position, MUFG has consistently been recognised for its financial strength and stability, making it a trusted partner for businesses and individuals alike. As a member of the Mitsubishi UFJ Financial Group, MUFG Bank continues to uphold a legacy of excellence and reliability in the global financial landscape.

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.

21

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.

28

Industry Benchmark

MUFG Bank, Ltd.'s score of 21 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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MUFG Bank, Ltd.'s reported carbon emissions

Inherited from Mitsubishi UFJ Financial Group, Inc.

MUFG Bank, Ltd., headquartered in Australia, currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are inherited from its parent company, Mitsubishi UFJ Financial Group, Inc. (MUFG), at a cascade level of 2. As of now, there are no documented reduction targets or climate pledges specific to MUFG Bank, Ltd. However, the overarching initiatives from Mitsubishi UFJ Financial Group may influence the bank's future commitments. The absence of specific emissions data and reduction targets indicates a need for further transparency and action in addressing climate change. In summary, while MUFG Bank, Ltd. is part of a larger corporate family with potential climate initiatives, it currently lacks detailed emissions data and specific reduction commitments.

Unlock detailed emissions data

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

20162017201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MUFG Bank, Ltd.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 MUFG Bank, Ltd. is in AU, which has a very high grid carbon intensity relative to other regions.

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.

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.

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

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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