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Reducing the Environmental Impacts of Our Business Activities

To reduce greenhouse gas (GHG) emissions and mitigate global warming, MUFG actively seeks to reduce environmental burdens related to our business activities.

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.

 

ESG Data

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.

Net Zero GHG from Own Operations

MUFG aims to achieve net-zero GHG emissions(note1) in its own operations by 2030. In addition to our initiatives to reduce energy use through continued energy conservation, we will reduce our gasoline consumption by switching to electric vehicles (EVs) and promote the use of renewable energy sources for electricity to become net zero for GHG emissions by 2030. We will also work to establish and introduce raw green power(note2) to directly contribute to an increase in renewable energy sources.

Overseas, while accumulating expertise from promoting domestic environmental initiatives and introducing renewable energy at our European business locations, we will accelerate implementing specific measures, taking into account the status of policies and systems to promote decarbonization in each country.

  1. Scope1 and Scope2 in the GHG protocol.
  2. Green power, generated from renewable energy sources such as wind, solar, and biomass (biological resources), is sent directly from the power plant to the consumer. Customers can use green power directly as electricity for their own use, rather than "deemed" to do so.

MUFG Bank (the Bank)

In accordance with laws and ordinances, each building is being equipped with energy-saving air-conditioning and lighting equipment, in our effort to reduce greenhouse gas emissions. Moreover, for buildings located in Tokyo, in accordance with Tokyo Metropolitan Government environmental protection laws, the Bank has obtained a third party inspection rating for greenhouse gas emissions, and has published its Plan for Global Warming Countermeasures.

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.

Efforts to Establish Recycling-Based Society

Efforts to Reduce Plastic Waste

We recognize that regulations on single use plastics are being strengthened worldwide in light of growing international awarenes s of resource recycling, the worsening waste problem, and the conservation of marine and oceanic resources. With this recognition, MUFG is tackling the following issues.
  1. Sorting and collection of used PET bottles
  2. Implementation of cleanup and other activities as part of the community contribution activities at sales offices and other locations
  3. Based on the target of a waste recycling rate of 90% or higher, implementation of efficient use of resources and reduce waste (FY2021 performance for the main building: 91.6%)
  4. Provide information and support for initiatives led by plastic related customers using references describing trends and impacts of plastic regulations and business strategies based on the plastic regulations

Efforts to Reduce Waste

MUFG Bank

The Bank has set medium- to long-term targets for reducing waste and is working to achieve them.
Medium to long term plan Establish a recycling rate of at least 90%.
FY2022 targets Achieve a waste recycling rate of at least 90% at the headquarters buildings in Tokyo, Nagoya and Osaka.

FY2021 results

Head Office Tokyo Marunouchi Building: 91.6%

Head Office Nagoya Building: 61.5%

Head Office Osaka Building: 53.2%

Mitsubishi UFJ Trust and Banking

Mitsubishi UFJ Morgan Stanley Securities

Krungsri (Bank of Ayudhya)

In 2018, Krungsri (Bank of Ayudhya) initiated the “Krungsri Zero Waste” project.  This project aims to raise employee awareness of waste problems and promote efficient waste management for recycling and reducing landfill waste.

As part of this initiative, Krungsri organized activities to encourage ‘zero waste’ practice among employees such as waste management training sessions, campaigns for proper waste sorting, and campaigns against single-use plastics to reduce pollution and environmental problems stemming from plastic waste.

Another influential activity is Krungsri’s aims to achieve zero Refuse-Derived Fuel within 2022.  By transforming certain non-recyclable wastes to fuel, the amount of waste which goes to landfill can be decreased further and will lead in realizing an effective and long-term solution to waste issues.

Protection of Resources

Water Resources

Krungsri (Bank of Ayudhya)

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 guideline to determine the environmental protection and resource conservation measures, including those related to water consumption as below:

・Communicate and campaign about correct and efficient water consumption

・Stipulate appropriate water consumption time (e.g., watering plants, cleaning space in front of the building, etc.)

・Use water-saving 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

Paper Resources

MUFG Bank
In fiscal 2021, 100% of the total amount of paper purchased at the Bank headquarters and head office (including business store branches) as well as at system and administrative centers was recycled paper(note).
  1. Recycled paper: Paper with a recycled pulp content of at least 70%.
Krungsri (Bank of Ayudhya) :  Bringing old calendars back to life as Braille-printed materials
(As of October 2022)