Process for Identifying 10 Priority Issues
We have defined 10 priority issues that must be tackled to help achieve environmental and social sustainability in light of our newly established Purpose, "Committed to empowering a brighter future." with an eye to better fulfilling society's expectations in areas where MUFG's capabilities can be brought to bear.
STEP1．Assessing a broad range of environmental and social issues (218 issues)
Identified 218 issues by assessing environmental and social issues at home and abroad with reference to the United Nations Sustainable Development Goals (SDGs), stakeholder feedback regarding ESG issues and the requirements set out in the various guidelines listed below
| GRI Standards, United Nations Global Compact, SASB Standards, ISO26000, UN Department of Economic and Social Affairs (After COVID-19), Issues selected by the Cabinet Office, etc. |
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STEP2．Screening, integrating and narrowing-down (123 issues)
Integrated the 218 issues into the 123 issues based on duplications or similarities, with the Sustainability Office undertaking the primary screening
STEP3．Extracting (12 issues)
Identified 12 major issues based on employee feedback gleaned via questionnaires and interviews
Items included in questionnaires or asked at interviews ・Issues respondents are currently addressing or willing to address through their business duties ・Issues respondents think that are addressed by companies considered to be good corporate citizen |
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STEP4．Deliberation and determination (10 issues)
Determined the 10 priority issues after multiple rounds of management discussion that took into account the opinions of external advisors, input from outside directors and the global trend toward sustainability, with an eye to better fulfilling society's expectations in areas where MUFG's capabilities can be brought to bear
Flow of MUFG’s Process of Reviewing the 10 Priority Issue Initiatives
(As of October 2022)