HOME > Sustainability > CSR Materiality > CSR Materiality Three: Responsible Finance > Reducing Our Environmental Impacts of Business Activities

Reducing Our Environmental Impacts of Business Activities

MUFG is working to reduce its environmental impact through business activities that effectively utilize limited resources.

Reducing Our Environmental Impacts of Business Activities

To reduce greenhouse gas (GHG) emissions and mitigate global warming, MUFG actively seeks reductions in CO2 emissions from business activities and employee travel.

[Method of calculation for FY 2016]

  • Period covered: April 1, 2016 through March 31, 2017
  • Scope of Reporting: Includes five companies: Mitsubishi UFJ Financial Group, Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking, Mitsubishi UFJ Morgan Stanley Securities, and Mitsubishi UFJ NICOS. Data for Mitsubishi UFJ Morgan Stanley Securities includes data for Mitsubishi UFJ Securities Holdings, with the exception company automobiles (gasoline).
  • CO2 Emissions Calculation Method: (1) City gas, LPG, kerosene, light oil, heavy oil, steam/hot water, cold water, and gasoline are calculated according to factors based on the Act on Promotion of Global Warming Countermeasures; (2) Electricity is calculated according to the most recent raw/unadjusted emissions factors by electricity producers for FY 2015 based on the Act on the Promotion of Global Warming Countermeasures;
    (3) Overseas travel (international routes) is calculated according to a factor specified in the General Guidelines on Supply Chain GHG Emission Accounting (Ministry of the Environment / Ministry of Economy, Trade and Industry).

MUFG Environmental Impact Data and GHG Emissions

Item (GRI Indicators) Units FY 2012 FY 2013 FY 2014 FY 2015 FY 2016
Total floor space 1,000 m2 2,327 2,261 2,223 2,222 2,175
Direct energy consumption (EN3) City gas 1,000 Nm3 4,680 4,715 4,117 3,915 3,915
Heavy oil kl 1,359 887 911 882 855
Kerosene kl 140 88 117 87 81
Indirect energy consumption (EN4) Electricity 1,000 kWh 455,947 471,881 424,222 399,733 409,823
Steam, hot water GJ 32,989 35,691 47,827 52,473 63,463
Cold water GJ 23,624 25,643 45,931 46,143 55,836
Energy use from employee travel and transportation (EN30) Overseas travel (international routes) 1,000 km 78,148 78,465 50,843 53,968 56,568
Company automobiles (gasoline) kl 3,277 3,174 3,227 3,152 2,927
Water usage efficiency (EN8) Tap water 1,000 m3 1,841 1,995 1,459 1,405 1,398
Waste water 1,000 m3 1,553 1,702 1,197 1,152 1,155
Carbon
dioxide
emissions
Scope1 Direct CO2 emissions (EN15) t-CO2 14,492 13,139 11,947 11,344 11,421
Scope2 Indirect CO2 emissions (EN16) t-CO2 217,688 272,212 230,004 209,604 212,282
Scope3 Other indirect CO2 emissions (EN17) t-CO2 17,320 13,877 11,713 11,792 11,487
Offsets using CDM credits t-CO2 −37,026 0 0 0 −25,500
Total t-CO2 212,473 299,228 253,664 232,740 209,689
Basic unit of CO2 emission (CO2 emissions per unit of floor space) t-CO2/
1,000 m2
91 132 114 105 96
Basic unit of electricity use kWh/m2 196 209 191 180 188
  • † Numbers represented with "EN" are performance indices according to the G4 Sustainability Reporting Guidelines.
  • † In FY 2016, the total area of floor space occupied was 1,609,600 m2 for Mitsubishi UFJ Financial Group and Bank of Tokyo-Mitsubishi UFJ combined; 328,700 m2 for Mitsubishi UFJ Trust and Banking; 144,000 m2 for Mitsubishi UFJ Morgan Stanley Securities; and 92,600 m2 for Mitsubishi UFJ NICOS.

Environmental Accounting Information for Our Offices

MUFG announces the results of environmental accounting from FY 2009, as part of environmentally conscious business activities, for the quantitative management of environmental efforts. Table 1 (Costs for Environmental Measures) presents the aggregate results for the costs for group environmental measures. MUFG measures and reports environmental impact data and greenhouse gas emissions quantities for all core group companies. Table 2 (Benefits of Environmental Measures) presents data regarding the benefits of these environmental measures, including the consumption of fuel, electricity and heat, and other factors, as well as CO2 emissions.

[Method of calculation for FY 2016]

  • Period covered: April 1, 2016 through March 31, 2017
  • Companies included: Core group companies (Mitsubishi UFJ Financial Group, Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking, Mitsubishi UFJ Morgan Stanley Securities and Mitsubishi UFJ NICOS).
  • Accounting method: Based on Environmental Accounting Guidelines 2005, published by Japanese Ministry of the Environment.
  • As for the method of calculation, the depreciation expenses on investment amounts are included in expenses using the straight line method for a service life of five years (with no residual value). The service life is set at five years as the period during which repairs and improvements are required following the introduction of environmental equipment.
  • As for standards for the posting of compound costs, items related to environmental preservation are calculated following Environmental Accounting Guidelines 2005, published by Japanese Ministry of the Environment.

Trends of Costs for Environmental Measures

rends of Costs for Environmental Measures

(1) Cost for environmental measures

(Million yen)

Category Details FY 2015 FY 2016 Cost for environmental measures compared to
FY 2015
Investment Expense Investment Expense Investment Expense
1. Operation area costs - 11,349 7,123 8,199 7,486 −3,151 363
Details 1-1. Costs for pollution prevention Costs for asbestos surveys, removal, measurement and inspection, etc. - 188 - 242 - 54
1-2. Costs for addressing global environmental issues Investments: Installation of energy-efficient lighting and air conditioning equipment, etc.
Costs: Depreciation for energy-efficient equipment, etc.
11,349 6,579 8,199 6,854 −3,151 275
1-3. Costs for reuse of resources Disposal of general and industrial waste - 356 - 389 - 33
2. Upstream / downstream costs - - - - - - -
3. Costs for management activities Development/operation of environmental management systems, environmental information disclosure, etc. - 26 - 74 - 48
4. Costs for research and development - - - - - - -
5. Social activity costs Charitable contributions related to environmental conservation, etc. - 106 - 110 - 3
6.Environmental remediation costs - - - - - - -
Total 11,349 7,255 8,199 7,670 −3,151 414
Category Details FY 2012 FY 2013 FY 2014
Investment Expense Investment Expense Investment Expense
1. Operation area costs - 7,695 5,312 2,332 5,056 2,800 5,171
Details 1-1. Costs for pollution prevention Costs for asbestos surveys, removal, measurement and inspection, etc. - 626 - 235 - 178
1-2. Costs for addressing global environmental issues Investments: Installation of energy-efficient lighting and air conditioning equipment, etc.
Costs: Depreciation for energy-efficient equipment, etc.
7,695 4,359 2,332 4,442 2,800 4,671
1-3. Costs for reuse of resources Disposal of general and industrial waste - 327 - 379 - 322
2. Upstream / downstream costs - - - - - - -
3. Costs for management activities Development/operation of environmental management systems, environmental information disclosure, etc. 26 389 50 345 - 138
4. Costs for research and development - - - - - - -
5. Social activity costs Charitable contributions related to environmental conservation, etc. - 156 - 151 - 77
6.Environmental remediation costs - - - - - - -
Total 7,721 5,857 2,382 5,552 2,800 5,386

(2) Environmental benefits

Category Environmental performance indicators Units FY 2015 FY 2016 Environmental benefits compared to
FY 2015
Environmental benefits related to resource inputs for business activities City gas 1,000 Nm3 3,915 3,915 0
Heavy oil kl 882 855 27
Kerosene kl 87 81 6
Electricity 1,000 kWh 399,733 409,823 −10,090
Steam, hot water GJ 52,473 63,463 −10,990
Cold water GJ 46,143 55,836 −9,693
Tap water 1,000 m3 1,405 1,398 7
Energy consumption associated with road travel for executives and employees: company automobiles (gasoline) kl 3,152 2,927 225
The effects of environmental conservation efforts related to the environmental burden and waste emitted from our business activities GHG emission t-CO2 232,740 209,689 23,051
Waste water 1,000 m3 1,152 1,155 −3
Other environmental benefits Energy consumption associated with travel for executives and employees: air travel (international routes) 1,000 km 53,968 56,568 −2,600
Category Environmental performance indicators Units FY 2012 FY 2013 FY 2014
Environmental benefits related to resource inputs for business activities City gas 1,000 Nm3 4,680 4,715 4,117
Heavy oil kl 1,359 887 911
Kerosene kl 140 88 117
Electricity 1,000 kWh 455,947 471,881 424,222
Steam, hot water GJ 29,958 35,691 47,827
Cold water GJ 23,624 25,643 45,931
Tap water 1,000 m3 1,841 1,995 1,459
Energy consumption associated with road travel for executives and employees: company automobiles (gasoline) kl 3,277 3,174 3,227
The effects of environmental conservation efforts related to the environmental burden and waste emitted from our business activities GHG emission t-CO2 212,473 299,228 253,664
Waste water 1,000 m3 1,553 1,702 1,197
Other environmental benefits Energy consumption associated with travel for executives and employees: air travel (international routes) 1,000 km 78,148 78,465 50,843

Reducing CO2 EmissionsBankTrust BankSecuritiesNICOS

Each group company is implementing plans for phasing in more environmentally friendly equipment at their offices and sales outlets. Efforts are also being made to reduce CO2 emissions, including turning off lights when not needed, stopping some elevators, promoting casual (cooler) attire in the summer time, changing the settings of air conditioning and heating, and having staff turn off their computers and monitors when they leave their desks.

Bank of Tokyo-Mitsubishi UFJ (the Bank)

The Bank is making an effort to utilize renewable energy, and has installed solar and wind power generation equipment for its Nagoya Building. In addition, the Bank is working to reduce electricity consumption by installing upgraded heating systems and automatic lighting controls at each of its buildings.

Mitsubishi UFJ Trust and Banking (the Trust Bank)

The Trust Bank is reducing energy consumption by installing energy-efficient lighting equipment and updating HVAC (heating, ventilation, and air-conditioning) equipment and transformer equipment at its main buildings and branches. The Trust Bank is also saving energy by increasing monitoring of energy consumption at some of its main buildings.

Mitsubishi UFJ Morgan Stanley Securities (the Securities Business)

With the Mejirodai Building having been designed and constructed to facilitate a high level of energy conservation, the Securities Business is putting efficient energy management into practice here, with a focus on the Tokyo Metropolitan Government's GHG reduction ordinance. In addition, the Securities Business is working to reduce the amount of energy used at each building it occupies.

Mitsubishi UFJ NICOS (NICOS)

At NICOS's Head Office in the Akihabara UDX Building, NICOS utilizes a "universal plan" office layout that places no pillars or dividers in a space of 140 square meters. This layout works to improve efficiency for air conditioning and lighting systems. NICOS also engages in other initiatives to conserve energy such as replacing existing lighting and office equipment with more energy-efficient ones.

Reducing Paper Consumption

Each group company works to reduce the amount of copy paper used in its offices, and also to recycle used paper. To the extent possible, each group company is also switching to environmentally responsible paper, such as that certified by the Forest Stewardship Council (FSC), and vegetable-based or other environmentally friendly inks for brochures and printed materials distributed at branches.

Reducing WasteBankTrust BankSecurities

Each group company is working actively to separate and recycle waste. Bank of Tokyo-Mitsubishi UFJ's Head Offices in Tokyo, Nagoya, and Osaka separate waste into 13 categories and recycle more than 95% of their waste.

To actively promote recycling, Mitsubishi UFJ Morgan Stanley Securities sorts waste into five to six categories at its Head Office buildings, and Mitsubishi UFJ Trust and Banking separates waste into 18 categories at its Head Office and 17 categories at its Konan Building.

Leading the Banking Industry in Adopting Electric VehiclesBankTrust Bank

In FY 2009, Bank of Tokyo-Mitsubishi UFJ and Mitsubishi UFJ Trust and Banking became the first companies in Japanese banking industry to introduce electric vehicles for official business use. Currently 127 electric vehicles are used at their main offices and branches. These eco-friendly vehicles (i-MiEVs) produce no CO2 emissions when operated, and have total emissions (including CO2 emissions from the electricity used for charging) that are only about 30% of the level of emissions from gasoline vehicles in the same class.

Eco-Friendly Promotional GoodsSecurities

Mitsubishi UFJ Morgan Stanly Securities provides Blue Dolphin's Natural Soap (a 100% natural, additive-free soap) as an environmentally friendly promotional item. This soap is made by a social services organization that supports the independence of disabled persons, and is sold by a non-profit organization that engages in activities to promote an appreciation of the global environment based on the wish to protect the oceans that are home to dolphins and whales.

Environmental Targets and ResultsBankTrust BankSecuritiesNICOS

Bank of Tokyo-Mitsubishi UFJ Environmental Targets and Results

CO2reduction

Medium-term target By FY2020, reduce electricity use per unit (electricity use/total floor area) by 10.5% compared with FY2009
Long-term target By FY2030, reduce electricity use per unit (same as above) by 19.0% compared with FY2009
Result of activities Reduced electricity use per unit by 21.5% compared with FY2009

Waste Reduction

Medium- to long-term plan Firmly establish zero emissions efforts (a recycling rate of at least 95%).
FY 2016 targets Achieve a recycling rate of at least 95% for waste.
Results Due to the tenant situation, recycling rates at the Tokyo Marunouchi Building fell below 95%. However, the bank itself had a recycling rate of 96.3%. As a result, recycling rates of over 95% were achieved through the careful sorting of waste. The recycling ratio at the Nagoya Building was held at 88% as it carried out the incineration of raw garbage.
- Head Office Tokyo Marunouchi Building: 92.1%
- Head Office Nagoya Building: 88.1%
- Head Office Osaka Building: 97.5%

Prevention of Air Pollution

Medium- to long-term plan Work at reducing air pollution from vehicle emissions.
FY 2015 targets Reduce number of sales vehicles; promote shift to compact vehicles.
Results Reduced by about 22 vehicles and shifted to about four compact vehicles.

Mitsubishi UFJ Trust and Banking Environmental Targets and Results

Reduction of Copy-Paper Use

FY 2016 target at Head Office Building Manage the volume of copy paper used at the Head Office Building.
Results Managed the amount of copy paper purchased at the Head Office Building. As a result, each department reduced the amount of copy paper used.

Waste Recycling

FY 2016 target at Head Office Building Carefully sorting waste at the Head Office Building.
Results Regularly checked compliance with waste-sorting rules at each Head Office division and office.

Reduction of Energy Use

FY 2016 target at Head Office Building Implement program to reduce energy use at Head Office Building.
Results Used some LED lighting at Head Office Building.
Clearly indicated which switches control which lights in the offices of Head Office Building.

Mitsubishi UFJ Morgan Stanley Securities Environmental Impact Reduction Targets and Results

Reduction of Copy-Paper Use

FY 2015 target Consider the introduction of a print authentication system in FY 2016 in terms of information management and office paper use reduction
Results Proceeded with preparations for the gradual introduction of secure print systems in Head Office departments from the first half of FY 2016

Reduction of Electricity Use

FY 2015 target Ongoing use of our catalog of various electricity conservation strategies aimed at reducing electricity use in the Mejirodai building, in compliance with the Tokyo Metropolitan Government's GHG reduction ordinance
Results Continued use of our catalog of various electricity conservation strategies aimed at reducing electricity use in the Mejirodai building, in compliance with the Tokyo Metropolitan Government's GHG reduction ordinance; and preparation for fulfilling the emission-reduction obligation

Mitsubishi UFJ NICOS Environmental Impact Reduction Targets

Reduction of Electricity Use

FY 2016 company-wide target Reduce by 7% compared to FY 2010.
Results Engaged in energy conservation initiatives throughout the year, achieved a 19.1% reduction compared to FY 2010.

Reduction of Copy-Paper Use

FY 2016 company-wide target Reduction by 5% compared to FY 2010
Results Made use of paperless conference rooms, achieved a 14.7% reduction compared to FY 2010.

(As of September 2017)

top