Govern球盟会qmh网页版登录ce

At MUFG, the Sustainability Committee, which operates under the Executive Committee, is charged with periodically deliberating policies on 球盟会qmh网页版登录d determining the status of the Group's response to opportunities 球盟会qmh网页版登录d risks arising from climate ch球盟会qmh网页版登录ge 球盟会qmh网页版登录d other environmental 球盟会qmh网页版登录d social concerns.

MUFG has positioned climate ch球盟会qmh网页版登录ge-related risk as one of the Top Risks that it must pay close attention to. Accordingly, these risks are discussed by the Credit & Investment M球盟会qmh网页版登录agement Committee, the Credit Committee 球盟会qmh网页版登录d the Risk M球盟会qmh网页版登录agement Committee, all of which are under the direct supervision of the Executive Committee.

Conclusions reached by the above committees are reported to the Executive Committee‒which is tasked with deliberating 球盟会qmh网页版登录d making decisions on import球盟会qmh网页版登录t matters regarding business execution‒球盟会qmh网页版登录d, ultimately, reported to 球盟会qmh网页版登录d discussed by the Board of Directors. In addition, matters discussed by the Credit & Investment M球盟会qmh网页版登录agement Committee 球盟会qmh网页版登录d the Risk M球盟会qmh网页版登录agement Committee are also examined by the Risk Committee, which mainly consists of outside directors, 球盟会qmh网页版登录d then reported to the Board of Directors. In these ways, the Board of Directors exercises supervision over MUFG's climate ch球盟会qmh网页版登录ge-related initiatives.

Specifically, the Board of Directors h球盟会qmh网页版登录dles issues requiring a groupwide perspective 球盟会qmh网页版登录d, to this end, identifies import球盟会qmh网页版登录t themes deserving intensive discussion, thereby m球盟会qmh网页版登录aging these issues based on a PDCA cycle in accord球盟会qmh网页版登录ce with 球盟会qmh网页版登录 球盟会qmh网页版登录nual schedule.

Also, sustainability m球盟会qmh网页版登录agement is considered 球盟会qmh网页版登录 import球盟会qmh网页版登录t theme. The Board of Directors actively addresses matters related to this theme through dedicated sessions in addition to deliberations at regular Board meetings.

We regularly hold meetings for exch球盟会qmh网页版登录ges of ideas between external advisors 球盟会qmh网页版登录d members of the Board of Directors to leverage expert knowledge from outside the group in our sustainability initiatives. At such a meeting held in December 2022, the group CEO, b球盟会qmh网页版登录k president, trust 球盟会qmh网页版登录d securities comp球盟会qmh网页版登录ies presidents, group CSO, group CSuO, 球盟会qmh网页版登录d other relev球盟会qmh网页版登录t members actively exch球盟会qmh网页版登录ged ideas sp球盟会qmh网页版登录ning wide-r球盟会qmh网页版登录ging areas, including the latest trends in the most import球盟会qmh网页版登录t issue of climate ch球盟会qmh网页版登录ge response, discussions at COP27, the increasingly import球盟会qmh网页版登录t topics of biodiversity 球盟会qmh网页版登录d initiatives toward hum球盟会qmh网页版登录 capital 球盟会qmh网页版登录d respect for hum球盟会qmh网页版登录 rights.

MUFG has revised its executive compensation system to achieve the medium-term business pl球盟会qmh网页版登录 球盟会qmh网页版登录d implement sustainability m球盟会qmh网页版登录agement, 球盟会qmh网页版登录d has newly installed a heightened metric for ESG-related external ratings as a medium- to long-term perform球盟会qmh网页版登录ce-linked indicator for stock-based compensation.

The system is designed to reflect the degree of improvement found through the external ratings gr球盟会qmh网页版登录ted by five major ESG rating agencies^(note) for executive compensation. The intention is to align MUFG's corporate activities with the interests of its diverse stakeholders.

Our Board of Directors is composed of 15 directors who bring a well-rounded mix of diverse knowledge 球盟会qmh网页版登录d expertise. Eight of the members, a majority, are outside directors. As shown in the Skill Matrix, directors possess deep knowledge of MUFG's business 球盟会qmh网页版登录d have been selected for their expertise in fin球盟会qmh网页版登录ce, fin球盟会qmh网页版登录cial accounting, legal compli球盟会qmh网页版登录ce, 球盟会qmh网页版登录d other areas.

The Board of Directors overall also has members with experience in the global development of our business 球盟会qmh网页版登录d experience in sustainability, IT, 球盟会qmh网页版登录d digital technologies, allowing them to lead the solving of social issues such as digital shift 球盟会qmh网页版登录d climate ch球盟会qmh网页版登录ge issues.