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.
Environmental Accounting Information for Our Offices
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.
- Scope1 and Scope2 in the GHG protocol.
- 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)
Mitsubishi UFJ Trust and Banking (the Trust Bank)
Mitsubishi UFJ Morgan Stanley Securities (the Securities Business)
Mitsubishi UFJ NICOS (NICOS)
Efforts to Establish Recycling-Based Society
Efforts to Reduce Plastic Waste
- Sorting and collection of used PET bottles
- Implementation of cleanup and other activities as part of the community contribution activities at sales offices and other locations
- 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%)
- 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
Medium to long term plan | Establish a recycling rate of at least 90%. |
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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
- Recycled paper: Paper with a recycled pulp content of at least 70%.
