MUFG Unveils New Sustainable Finance Framework

Mitsubishi UFJ Financial Group (MUFG) has introduced a new Sustainable Finance Framework to meet the growing global demand for sustainable financial products. This initiative aligns with MUFG’s updated Medium-term Business Plan, which places sustainability at the core of its business strategy.

The framework outlines guidelines for issuing Green, Social, and Sustainability bonds and loans. These funds will be directed towards environmental and social projects, such as renewable energy, green buildings with LEED certification, and social initiatives in healthcare, education, and employment, particularly in disaster-stricken areas in Japan. The framework includes explicit exclusion criteria, avoiding investments in fossil fuels, nuclear power, and other sectors detrimental to sustainable development.

MUFG aims to triple its sustainable finance commitment to 100 trillion yen by 2030, focusing significantly on environmental challenges. This strategic move reinforces MUFG’s position as a leader in integrating sustainability into financial operations, supporting both economic and environmental progress.

This comprehensive approach not only categorises eligible projects but also establishes MUFG’s commitment to strict exclusion criteria, ensuring the sustainability of financed projects.