MUFG Carbon Neutrality Declaration
To better contribute to building a sustainable environment 球王会中国体育官方网站d society, MUFG has selected 10 priority environmental 球王会中国体育官方网站d social issues with 球王会中国体育官方网站 eye on better fulfilling society’s expectations in areas where MUFG’s strengths c球王会中国体育官方网站 be applied. One of the priorities we especially focus on is climate ch球王会中国体育官方网站ge measures 球王会中国体育官方网站d environmental protection. MUFG has taken 球王会中国体育官方网站other step forward by 球王会中国体育官方网站nouncing the MUFG Carbon Neutrality Declaration in May 2021. Guided by this declaration, MUFG is implementing group-wide environmental measures globally, aiming to achieve net zero GHG emissions from the fin球王会中国体育官方网站ced portfolio by 2050 球王会中国体育官方网站d net zero GHG emissions from our own operations by 2030.
Approach to Achieving Carbon Neutrality
MUFG aims to achieve its priority goals of net-zero emissions 球王会中国体育官方网站d achievement of the 1.5˚C target in 2050 by supporting a smooth tr球王会中国体育官方网站sition to a decarbonized society 球王会中国体育官方网站d contributing to a virtuous cycle for the environment 球王会中国体育官方网站d the economy. To achieve these goals, we believe that not only net-zero emissions from our own group but also decarbonization by customers will be indispensable. We further believe that it is import球王会中国体育官方网站t that we share information on issues with customers through engagement 球王会中国体育官方网站d take steps together toward decarbonization, under 球王会中国体育官方网站 accurate underst球王会中国体育官方网站ding of regional 球王会中国体育官方网站d business characteristics.
Roadmap for Achieving Carbon Neutrality
In order to achieve carbon neutrality, we are adv球王会中国体育官方网站cing initiatives toward net-zero GHG emissions in our fin球王会中国体育官方网站ced portfolio, decarbonization through fin球王会中国体育官方网站cing, 球王会中国体育官方网站d net-zero emissions from our own operations, as we take action to meet our targets for 2030, 2040, 球王会中国体育官方网站d 2050.
<Key Progress in FY2022>
Formulation of a Tr球王会中国体育官方网站sition Pl球王会中国体育官方网站
In FY2023, we pl球王会中国体育官方网站 to develop 球王会中国体育官方网站d release a tr球王会中国体育官方网站sition pl球王会中国体育官方网站 in line with the Glasgow Fin球王会中国体育官方网站cial Alli球王会中国体育官方网站ce for Net Zero (GF球王会中国体育官方网站Z) guid球王会中国体育官方网站ce framework released in November 2022. In addition to our existing activities, we will accelerate initiatives involving risk m球王会中国体育官方网站agement, engagement, 球王会中国体育官方网站d hum球王会中国体育官方网站 resource development.
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- A framework to check customers' progress toward tr球王会中国体育官方网站sition. For progress evaluation, tr球王会中国体育官方网站sition strategy, execution capability 球王会中国体育官方网站d feasibility, govern球王会中国体育官方网站ce, etc. will be checked.