[ Main contents start here ]

External Evaluation

A selection of sustainability-related assessments is provided. Please click here for all external assessments of MUFG.

External Assessment of Our Sustainability Initiative

New Elements of the ESG Index

FTSE Blossom Japan Index FTSE Blossom Japan Sector Relative Index

S&P JPX Carbon Efficient Index

FTSE4Good Index Series
Bloomberg Gender–Equality Index
Sompo Sustainability Index

Morningstar Japan ex-REIT Gender Diversity Tilt Index

MSCI Nihonkabu ESG Select Leaders Index

Award for Our Sustainability Initiatives

Received ESG Finance Award

The Bank was awarded Gold in the Banking Category for the third straight year at the Fifth ESG Finance Awards Japan (Minister of Environment Award) hosted by the Ministry of the Environment. The Securities was in parallel awarded Gold in the Financial Services (Securities) Category for the first time. In addition, MUFG was selected as an Environmental Sustainable Company for three years in a row.
Received ESG Finance Award

Best Bank for CSR Award from Asiamoney

Krungsri (Bank of Ayudhya PCL) received the Best Bank for CSR Award from the Best Bank Awards 2022: Thailand organized by Asiamoney, a leading financial publication. Krungsri has won this prestigious award for three years in a row, reflecting its outstanding performance in social contributions, especially in terms of promoting financial literacy among youths through developing the online edutainment animated series of the Krungsri Financial Literacy:­ 'Simple to Learn' Project.

Best Sustainable Finance Adviser Award

In March 2023, MUFG Bank was chosen by Asset Publishing and Research Ltd. (The Asset) as its first winner for the Best Sustainable Finance Adviser award which was launched by The Asset in 2022 in light of the increasing importance of sustainable financing.

The Bank was highly acclaimed for providing financing in wide areas within ESG such as green, social and sustainability linked financing in the APAC region, and was chosen over European and U.S. financial institutions which are active in the ESG field.

Global Bank of the Year Award

In FY2022, MUFG received the Global Bank of the Year award from Project Finance International (PFI), a publication for project finance. The award recognized MUFG's global achievements and initiatives in the field of project finance.

NIKKEI SDGs Management Survey 2023: 4.5 stars

MUFG earned 4.5 stars in the Nikkei SDGs Management Survey 2023, conducted by Nikkei Inc., designed to evaluate and rate businesses’ efforts toward the realization of the United Nations’ SDGs.
NIKKEI SDGs Management Survey 2023

6th NIKKEI Smart Work Management Survey: 5 stars

MUFG was recognized as the highest rating five stars company in the 6th Nikkei Smart Work Management Survey, which selects leading companies taking on the challenge of revolutionizing productivity through work style reforms.

The survey, conducted by Nikkei Inc., covers both listed and leading unlisted companies across Japan, and defines "smart work management" as an initiative to maximize organizational performance through three elements: realization of diverse and flexible work styles, the system that creates new businesses, and the ability to develop markets. With corporate governance and other management foundations, companies are rated on a five-star scale.

NIKKEI Smart Work Management Survey

HR Award 2023 by the Human Resources Division in Japan

MUFG received the HR Award 2023 in the corporate human resources category for its initiatives to support career formation.

The Bank develops and offers human resources systems and programs that support individuals in building fulfilling lives and back up employees' growth aspirations, grounded in career paths in the era of century-long lifespans and diversifying people’s values.

With "supporting growth and challenge" and "from promotion to appointment" as its keywords, the Human Resources Division provides "opportunities for insights," "opportunities for practical action," and "opportunities for activity" under the behavior change program "Career Ownership for Development and Opportunities (CODO)." The division engages in initiatives to encourage autonomous behavior change in all employees, and in 2023, launched the Mirushiru program that allows employees to experience workplaces of interest for a day. Over 100 people have already applied for the program, which anticipates that experiencing the work will let employees expand their horizons and more easily envision their careers. We will continue to work toward a virtuous cycle of enhancing corporate value through our company and employees uniting to tackle innovation and challenges.


A-Rank evaluation for turning out human resources in Keidanren's "Startup Friendly Scoring."

The Japan Business Federation, or Keidanren, has released its "Startup Friendly Scoring" scheme aimed at changing the behavior of large companies, which make up a vital part of the startup ecosystem. Startup Friendly Scoring is a mechanism for visualizing how friendly large companies are toward startups and whether the companies fill critical roles in the startup ecosystem. It conducts evaluation based on the three criteria of providing resources to startups, taking in startup businesses and human resources, and turning out businesses and human resources into the startup ecosystem.

In addition to its overall initiatives to support human resource development and autonomous career development, the Bank was recognized for its Open EX system that provides opportunities for temporary assignments at startup companies, leading to an A-Rank evaluation in turning out human resources under the scoring.

Nadeshiko Brand

MUFG has been selected for inclusion in Semi- Nadeshiko Brand, a recognition jointly conferred by Japan's Ministry of Economy, Trade and  Industry(METI) and the Tokyo Stock Exchange(TSE).

Gold Rating and Best Practice selection on PRIDE Index

In November 2022, a number of initiatives in Japan were evaluated and received the top gold rating(note1) on the “PRIDE Index(note2)", gold rating for the third consecutive year and the fourth time.
  1. Rating based on the evaluation of initiatives by each company of MUFG Bank, Mitsubishi UFJ Trust and Banking, Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ NICOS, MUS Business Service, and MUSIS
  2. Japan's first index that evaluates companies' LGBTQ-related initiatives operated by a private organization “work with Pride”.

Kurumin and Platinum Kurumin Certification

Each Group company is Kurumin certif­ied under the Act on Advancement of Measures to Support Raising Next-Generation Children. This certif­ication by the Ministry of Health, Labour and Welfare (MHLW) recognizes a business as a childcare support company based on set requirements in support of balancing work and childcare. Companies that meet even higher standards receive a Platinum Kurumin certif­ication.

Additionally, we have also received a new certification “Plus”, which was established to recognize a company which supports employees in balancing work and fertility treatments.


<Kurumin certified companies>

・MUFG Bank

・Mitsubishi UFJ Trust and Banking

・Mitsubishi UFJ Morgan Stanley Securities

・Mitsubishi UFJ NICOS


・Mitsubishi UFJ Research and Consulting

・Master Trust Bank of Japan

・Mitsubishi Research Institute DCS

・Mitsubishi UFJ Information Technology

・Mitsubishi UFJ Trust Systems

・Mitsubishi UFJ Kokusai Asset Management

・MU Communications


・Chukyo Bank

・Mitsubishi UFJ Factors

・MUS Information Systems

・Mitsubishi HC Capital


<Platinum Kurumin certified companies>

・MUFG Bank

・Mitsubishi UFJ Morgan Stanley Securities

・Master Trust Bank of Japan

・Mitsubishi Research Institute DCS

・Mitsubishi UFJ Information Technology

・Mitsubishi UFJ Trust Systems

・MU Communications

・MUS Information Systems

・MUS Business Service

・Mitsubishi HC Capital


<Platinum Kurumin Plus certified companies>

・MUFG Bank

(As of April 2023)

Platinum Kurumin
Platinum Kurumin Plus

Eruboshi Certification

Each Group company is Eruboshi certi­ied under the Act on the Promotion of Women's Participation and Advancement in the Workplace. Eruboshi certi­ication is awarded by MHLW in Japan to companies that demonstrate excellence in promoting women's advancement. It is a three-level certi­ication based on certain criterion.


<Eruboshi certified companies>

・JACCS (1st-level)

・Mitsubishi UFJ Information Technology (2nd-level)

・Mitsubishi UFJ Trust Systems (2nd-level)

・Mitsubishi HC Capital (2nd-level)

・Mitsubishi UFJ Research & Consulting (3rd-level)

・Master Trust Bank of Japan (3rd-level)

・MUS Business Service (3rd-level)

・Mitsubishi Research Institute DCS (3rd-level)

(As of July 2023)

<Platinum Eruboshi certified companies>

・Master Trust Bank of Japan

In January 2023, the Master Trust Bank of Japan received MUFG's first Platinum Eruboshi certification from the Minister of Health, Labour and Welfare under the Act on the Promotion of Women's Participation and Advancement in the Workplace. The certification recognized the bank's fulfillment of all five requirements (ratio of women employed, number of years of continuous employment for women, working hours, ratio of female managers, and availability of varied career courses), while also evaluating its efforts to improve the work environment and to develop female managers as particularly excellent.
(As of July 2023)


MUFG is certified to display the “Tomonin” symbol, a mark granted by the Ministry of Health, Labour and Welfare to companies that support balancing work and nursing care.

Assessment by ESG Rating Agencies

Entities FY2020 FY2021 FY2022 FY2023
MSCI(note) BBB A A A
FTSE(note) 3.4 3.3 3.9 3.9
(smaller figure stands for higher evaluation)
20.6 19.3 18.0 22.3
S&P Dow Jones(note) 56 53 62 50
CDP(note) B- B A- A-
Nikkei SDGs ★4.5 ★5.0 ★5.0 ★4.5
Toyo Keizai 372.3 390.6 389.9 386.8
  1. Subject for the evaluation of executive remuneration
(As of April 2024)