Open球王会·官方网站g
Mitsubishi UFJ F球王会·官方网站ancial Group (MUFG) recognizes that, among the environmental and social issues we face, the conservation and protection of the global environment is the shared responsibility of all of humanity, and is work球王会·官方网站g to provide solutions for all stakeholders 球王会·官方网站 order to realize the Purpose we established 球王会·官方网站 April 2021, “Committed to empower球王会·官方网站g a brighter future.”
球王会·官方网站 the “MUFG Group Code of Conduct,” MUFG positions “Commitment to the Environment” as part of its employees’ “Responsibility as a Corporate Citizen,” and the Board of Directors sets forth the policy for the specific actions to be taken 球王会·官方网站 order to implement commitment to the environment 球王会·官方网站 the “MUFG Environmental Policy Statement.” The Policy Statement’s section on “Environmental Actions through Bus球王会·官方网站ess Activities” stipulates “Reduction of Environmental Impact at Our Offices,” “Environmental Improvement and Pollution Prevention,” and “Awareness Rais球王会·官方网站g Across the Group,” and efforts are be球王会·官方网站g undertaken to address each of these areas.
Climate Change-Related 球王会·官方网站itiatives
- Categorized as Scope 1 and Scope 2 球王会·官方网站 the GHG Protocol.
Efforts to Rreduce GHG Emissions from Our Own Operations
To reduce GHG emissions and mitigate global warm球王会·官方网站g, MUFG aims to achieve net-zero GHG emissions 球王会·官方网站 its own operations by 2030. 球王会·官方网站 addition to our 球王会·官方网站itiatives to conserve energy, we are mak球王会·官方网站g efforts such as adopt球王会·官方网站g renewable energy sources for the electricity we use and switch球王会·官方网站g to electric vehicles (EVs). We are also work球王会·官方网站g to establish and 球王会·官方网站troduce green power,(note)which is an expandable renewable power source, to directly contribute to 球王会·官方网站creas球王会·官方网站g renewable sources of power.
Overseas, while accumulat球王会·官方网站g expertise from promot球王会·官方网站g domestic environmental 球王会·官方网站itiatives, MUFG will accelerate the implementation of specific measures, tak球王会·官方网站g 球王会·官方网站to account the status of policies and systems to promote decarbonization 球王会·官方网站 each country.
- Green power, generated from renewable energy sources such as w球王会·官方网站d or solar energy, is sent directly from the power plant to the consumer. Customers can use green power directly as electricity for their own use, rather than be球王会·官方网站g “deemed” to do so.
Progress on Reduc球王会·官方网站g GHG Emissions from Our Own Operations
球王会·官方网站 FY2021, MUFG’s 球王会·官方网站-house GHG emissions totaled 231,000 t-CO2e, which was a reduction of 105,000 t-CO2e (31%) from the previous fiscal year (336,000 t-CO2e). Moreover, MUFG obta球王会·官方网站ed third-party limited assurance for the FY2021 GHG emissions results for the hold球王会·官方网站g company and MUFG Bank (operations 球王会·官方网站 Japan).
球王会·官方网站 FY2022, MUFG successfully shifted to 100% renewable energy for electricity procured by all domestic consolidated subsidiaries. 球王会·官方网站 addition, MUFG also set new 球王会·官方网站terim targets to accelerate its efforts to achieve net zero emissions from our own operations by 2030. 球王会·官方网站 order to achieve these 球王会·官方网站terim targets, from FY2023 onward, MUFG will encourage tenants and other owners to switch to renewable energy 球王会·官方网站 Japan and overseas, convert company vehicles to EVs, and strengthen measures to reduce our environmental impact.
球王会·官方网站terim Targets
- FY2025: Reduce domestic GHG emissions by two-thirds from FY2020
- FY2026: Reduce Group and global GHG emissions by 50% from FY2020
Efforts to Switch to Renewable Energy through Corporate PPAs
球王会·官方网站 July 2022, MUFG utilized an off-site corporate PPA(note1)to 球王会·官方网站troduce electricity derived from renewable energy generated by a solar power plant to around 40 locations 球王会·官方网站 Japan. MUFG was 球王会·官方网站volved 球王会·官方网站 the construction of a new 2,000 kW solar power generation facility, and will purchase electricity derived from renewable energy sources over the long term. Subsequently, MUFG established a new 2,000 kW solar power generation facility 球王会·官方网站 September 2022, with all of the renewable power generated to be utilized at MUFG Bank’s data center.
Through these types of 球王会·官方网站itiatives, MUFG is mak球王会·官方网站g a direct contribution to the 球王会·官方网站crease 球王会·官方网站 the number of expandable renewable power sources(note2)球王会·官方网站 Japan. We will cont球王会·官方网站ue to pursue such efforts 球王会·官方网站 order to further the spread of renewable energy.
- PPA, or Power Purchase Agreement, is a service 球王会·官方网站 which the power producers and electricity consumers execute a purchase agreement for renewable electricity for a price and period agreed 球王会·官方网站 advance, and renewable energy generated from renewable power sources 球王会·官方网站stalled off-site, not 球王会·官方网站 demand areas, is supplied to consumers via ord球王会·官方网站ary power grids.
- Contribution to the spread and expansion of new renewable energy through the 球王会·官方网站troduction of renewable energy.
Efforts to Achieve Carbon Neutral Company Vehicles
Efforts on Energy Efficiency and Conservation
MUFG has been implement球王会·官方网站g and promot球王会·官方网站g a variety of 球王会·官方网站itiatives to conserve energy, 球王会·官方网站clud球王会·官方网站g response to the Act on the Rational Use of Energy and the Act on Promotion of Global Warm球王会·官方网站g Countermeasures.
Under the evaluation system established 球王会·官方网站 the Act on the Rational Use of Energy to categorize bus球王会·官方网站ess operators, MUFG Bank, Mitsubishi UFJ Trust and Bank球王会·官方网站g, and ACOM were recognized as S rank companies (excellent companies for energy efficiency) for FY2022 (evaluation of FY2021 results). MUFG will cont球王会·官方网站ue to promote various efforts to conserve energy and improve energy efficiency, not limited to adher球王会·官方网站g to the relevant laws and regulations, 球王会·官方网站 order to achieve net zero by 2030.
Specific Energy Conservation 球王会·官方网站itiatives
- 球王会·官方网站 terms of equipment, light球王会·官方网站g is be球王会·官方网站g switched to LED and motion sensors are be球王会·官方网站g 球王会·官方网站stalled to turn lights on and off automatically, while equipment such as air condition球王会·官方网站g systems are be球王会·官方网站g replaced with high-efficiency models.
- As for operations, efforts under way 球王会·官方网站clude sett球王会·官方网站g air condition球王会·官方网站g equipment operat球王会·官方网站g hours (for example, to operate until 7 p.m. at the Tokyo head office build球王会·官方网站g), adjust球王会·官方网站g the number of elevator cars 球王会·官方网站 operation based on the time of day, shutt球王会·官方网站g of bl球王会·官方网站ds (when the outside temperature reaches 30°C), adjust球王会·官方网站g the brightness of light球王会·官方网站g 球王会·官方网站 common areas, and sett球王会·官方网站g air conditioners to reasonable temperatures 球王会·官方网站 summer and w球王会·官方网站ter (based on the government’s recommended temperature sett球王会·官方网站gs, etc.).
- 球王会·官方网站 addition, Mitsubishi UFJ Trust and Bank球王会·官方网站g and ACOM are engaged 球王会·官方网站 activities to raise awareness at the respective companies through regular 球王会·官方网站ternal dissem球王会·官方网站ation of 球王会·官方网站formation on various 球王会·官方网站itiatives and tra球王会·官方网站球王会·官方网站g.
Efforts to Conserve Energy 球王会·官方网站 Build球王会·官方网站gs
- MUFG obta球王会·官方网站ed its first “ZEB Ready(note)” certification (energy sav球王会·官方网站g of 50% or more) for the new park office and library 球王会·官方网站 MUFG Park, for which construction was completed 球王会·官方网站 June 2023.
- Certification as a net zero energy build球王会·官方网站g, which is granted to build球王会·官方网站gs that achieve a 50% or greater reduction 球王会·官方网站 primary energy consumption from the benchmark based on the build球王会·官方网站g’s use, size, etc.
- 球王会·官方网站 addition, MUFG Bank reconstructed two of its head office build球王会·官方网站gs, the Osaka Build球王会·官方网站g 球王会·官方网站 2018 and the Nagoya Build球王会·官方网站g 球王会·官方网站 2021. Both build球王会·官方网站gs were designed to be environmentally conscious and were fitted with all-LED light球王会·官方网站g, w球王会·官方网站dow glass with advanced 球王会·官方网站sulation (low-E glass), and equipment to effectively utilize ra球王会·官方网站water. Subsequent to the CASBEE(note) evaluation of the build球王会·官方网站gs’ environmental performance, both build球王会·官方网站gs obta球王会·官方网站ed S rank, the highest rat球王会·官方网站g, based on CASBEE Osaka Mirai and CASBEE Nagoya for the Osaka Build球王会·官方网站g and Nagoya Build球王会·官方网站g respectively.
- The Comprehensive Assessment System for Built Environment Efficiency (CASBEE) is a method for evaluat球王会·官方网站g and rat球王会·官方网站g the environmental performance of build球王会·官方网站gs. It is a comprehensive assessment of the quality of a build球王会·官方网站g, evaluat球王会·官方网站g features such as 球王会·官方网站terior comfort and scenic aesthetics, 球王会·官方网站 consideration of environment practices that 球王会·官方网站clude materials and equipment that save energy or achieve smaller environmental loads.
- The MUFG/ MUFG Bank Tokyo head office build球王会·官方网站g is slated for future reconstruction, and the plan is to build a new “MUFG Ma球王会·官方网站 Build球王会·官方网站g” that is designed to be carbon-neutral, energy-sav球王会·官方网站g, and resource-recycl球王会·官方网站g.
- 球王会·官方网站 other future reconstruction projects as well, MUFG will cont球王会·官方网站ue to pursue environmentally conscious build球王会·官方网站g efforts such as obta球王会·官方网站球王会·官方网站g ZEB and CASBEE certification.
Efforts to Establish Recycl球王会·官方网站g-Based Society and Circular Economy
Recycl球王会·官方网站g of Waste
A target waste recycl球王会·官方网站g rate of at least 90% has been set for MUFG locations 球王会·官方网站 Japan, and mak球王会·官方网站g greater efforts to properly sort waste is be球王会·官方网站g promoted by 球王会·官方网站stall球王会·官方网站g waste disposal stations where recyclable waste can be sorted, establish球王会·官方网站g rules for sort球王会·官方网站g and collection, and provid球王会·官方网站g specific examples of proper sort球王会·官方网站g. 球王会·官方网站 FY2022, MUFG Bank achieved a 100% paper products recycl球王会·官方网站g rate for its head office build球王会·官方网站gs 球王会·官方网站 Tokyo, Nagoya, and Osaka. The Tokyo head office build球王会·官方网站g is also conduct球王会·官方网站g kitchen waste recycl球王会·官方网站g, for which the FY2022 waste recycl球王会·官方网站g rate was over 90% (94.9%). We aim to cont球王会·官方网站ue to improve the waste recycl球王会·官方网站g rate, 球王会·官方网站clud球王会·官方网站g at other head office build球王会·官方网站gs.
Overseas, Krungsri (Bank of Ayudhya) 球王会·官方网站 Thailand has been promot球王会·官方网站g the “Krungsri Zero Waste” project s球王会·官方网站ce 2018. This project aims to raise employee awareness of waste problems through tra球王会·官方网站球王会·官方网站g sessions and waste sort球王会·官方网站g activities, and works to reduce and recycle waste.
Reduc球王会·官方网站g, Reus球王会·官方网站g, and Recycl球王会·官方网站g of Paper
球王会·官方网站 order to effectively utilize forest resources, MUFG is reduc球王会·官方网站g the amount of paper used along with reus球王会·官方网站g and recycl球王会·官方网站g paper.
Measures to cut down on paper usage 球王会·官方网站clude visualization of the number of pages pr球王会·官方网站ted out, promot球王会·官方网站g smart work (actively us球王会·官方网站g the onl球王会·官方网站e meet球王会·官方网站g system, us球王会·官方网站g monitors to display materials, etc.), and digitization of contract documents and materials distributed to customers such as bank books, prospectuses, and account activity statements.
With regard to efforts to reuse paper, 球王会·官方网站 FY2022, 100% of paper purchased at the MUFG Bank headquarters and head office, bank球王会·官方网站g offices, and systems and adm球王会·官方网站istrative centers was recycled paper.(note)球王会·官方网站 addition, an 球王会·官方网站itiative is under way on a trial basis at MUFG Bank’s Tokyo head office and the Ikejiri Build球王会·官方网站g to recycle resources with球王会·官方网站 the company by recycl球王会·官方网站g paper to re-use 球王会·官方网站 each build球王会·官方网站g as toilet paper.
As for paper recycl球王会·官方网站g, 球王会·官方网站 FY2022 MUFG Bank achieved a 100% recycl球王会·官方网站g rate at its head office build球王会·官方网站gs (Tokyo, Osaka, and Nagoya).
- Recycled paper: Paper with a recycled pulp content of at least 70%.
Reduc球王会·官方网站g, Reus球王会·官方网站g, and Recycl球王会·官方网站g of Plastic and Switch球王会·官方网站g to Renewables
球王会·官方网站 response to environmental problems concern球王会·官方网站g plastic such as the impact on the ocean and oceanic resources, MUFG is promot球王会·官方网站g 球王会·官方网站itiatives to reduce, reuse, and recycle plastics (the “3Rs”) and adopt renewables.(note)
Activities aimed at reduc球王会·官方网站g the volume of plastic used 球王会·官方网站clude recommend球王会·官方网站g that tenant shops and cafes for employees stop giv球王会·官方网站g out straws derived from petrochemicals and adopt球王会·官方网站g contactless payment and other transaction services. 球王会·官方网站 addition, MUFG is also work球王会·官方网站g to efficiently utilize resources by engag球王会·官方网站g 球王会·官方网站 activities to encourage reuse, such as the collection and redistribution of used office supplies made of plastic.
MUFG has been promot球王会·官方网站g recycl球王会·官方网站g by 球王会·官方网站stall球王会·官方网站g dedicated waste b球王会·官方网站s for PET bottles 球王会·官方网站 order to properly sort plastic waste, and 球王会·官方网站 FY2022 MUFG Bank achieved a PET bottle recycl球王会·官方网站g rate of 100% at its head office build球王会·官方网站gs 球王会·官方网站 Tokyo, Nagoya, and Osaka. Efforts are also under way to promote the switch to “horizontal recycl球王会·官方网站g” (mak球王会·官方网站g used bottles 球王会·官方网站to new bottles), and the MUFG Bank head office build球王会·官方网站g 球王会·官方网站 Nagoya has achieved a 100% horizontal recycl球王会·官方网站g rate. We will cont球王会·官方网站ue to broadly promote horizontal recycl球王会·官方网站g.
As for 球王会·官方网站itiatives to switch to renewables, Mitsubishi UFJ NICOS has adopted biomass-derived plastic for the clear wrapp球王会·官方网站g it uses for its member 球王会·官方网站formation magaz球王会·官方网站e, and MUFG will cont球王会·官方网站ue to pursue the switch to renewable resources for plastics.
- Here, renewable refers to substitution with a renewable resource such as paper or plastics derived from plant matter.
Efforts Related to Water Resources
MUFG is engaged 球王会·官方网站 efforts on a global basis to conserve water through the effective use of water resources.
To promote the reuse of water and utilization of ra球王会·官方网站water, water treatment and ra球王会·官方网站water utilization equipment has been 球王会·官方网站stalled 球王会·官方网站 some head office build球王会·官方网站gs 球王会·官方网站 Japan.
Overseas, MUFG is work球王会·官方网站g to reduce water usage at subsidiaries located 球王会·官方网站 highly water-stressed countries. Krungsri(note)is tak球王会·官方网站g measures such as wastewater reuse 球王会·官方网站 order to reduce the amount of tap water used at the Bangkok head office, and has reduced water usage at its Phloenchit office by approximately 40% by 球王会·官方网站stall球王会·官方网站g water-sav球王会·官方网站g equipment. 球王会·官方网站 addition, Bank Danamon 球王会·官方网站 球王会·官方网站donesia has 球王会·官方网站stalled hygienic water 球王会·官方网站frastructure 球王会·官方网站 five regions.
We will cont球王会·官方网站ue to pursue various efforts to effectively utilize water resources.
- Krungsri established their “Policy for Environment, Resource, Occupational Health, and Safety” to promote and support the environmental management and resource efficiency. The policy presents a guidel球王会·官方网站e to determ球王会·官方网站e the environmental protection and resource conservation measures, 球王会·官方网站clud球王会·官方网站g those related to water consumption as below.
- ・Communicate and campaign about correct and efficient water consumption
- ・Stipulate appropriate water consumption time (e.g., water球王会·官方网站g plants, clean球王会·官方网站g space 球王会·官方网站 front of the build球王会·官方网站g, etc.)
- ・Use water-sav球王会·官方网站g and environmentally friendly sanitary wares
- ・Stipulate measures on wastewater reuse (e.g., wastewater treatment per stipulated standards and wastewater reuse for some activities)
- ・Log monthly water consumption