MUFG Bank, Ltd.
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 39 is higher than 64% 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., headquartered in Japan (JP), has made significant commitments towards reducing its carbon emissions, although specific emissions data is currently unavailable. The bank has pledged to achieve net zero emissions in its own operations by 2030 and in its finance portfolio by 2050. This commitment encompasses both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to climate action. These targets were announced in May 2021 and demonstrate MUFG's dedication to sustainability and environmental responsibility. The bank's initiatives are part of a broader strategy to align with global climate goals, although no specific reduction percentages have been disclosed at this time. It is important to note that MUFG Bank, Ltd. is a current subsidiary of Mitsubishi UFJ Financial Group, Inc., which may influence its climate strategies and reporting. As of now, the bank's emissions data is cascaded from its parent organization, but specific figures have not been provided.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,416,230 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | - | - | - | 00,000,000 |
| Scope 2 | 31,685,560 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | 000,000,000 |
| Scope 3 | 11,140,220 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | - | - | - | 0,000,000,000 |
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.
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.
