Embedding DEI into Our Culture
At MUFG, we strive to create an inclusive workplace where each employee, with their diverse backgrounds and values, can leverage their strengths and individuality, feeling both comfortable and motivated in their work. We implement various initiatives to deepen employees' understanding of Diversity, Equity, and Inclusion (DEI), encouraging them to internalize these concepts and put them into practice.
Diversity, Equity & Inclusion Month
The Bank, the Trust Bank and MUMSS have designated every November as Diversity, Equity & Inclusion Month (formerly Inclusion & Diversity Month.) We conduct training programs and workshops at all domestic locations. These training sessions cover important themes for practicing DEI, such as unconscious bias, psychological safety, and equity. Additionally, employees engage in discussions with their team members about what they have learned in the training, reaffirming the importance of DEI and exchanging ideas on how to implement it in the workplace. This fosters a culture where each individual considers DEI as a personal responsibility and takes action accordingly.
Raising Awareness about Unconscious Bias
At MUFG, since FY2019, we have been focusing on raising awareness about unconscious bias. In addition to awareness-raising training for all employees, we also provide training for newly appointed managers to raise their awareness about unconscious bias. To further deepen understanding beyond training sessions, we issued Unconscious Bias Handbook, which includes guidelines for inclusive expression and language and published a series of columns that allow us to explore about biases through comics.
Initiatives for International Women's Day
Every year on March 8, International Women's Day (IWD), designated by the United Nations, events are held worldwide to celebrate women’s achievements in society, economy, culture, and politics and to think about gender equity.
As initiatives to eliminate gender gaps in the world move forward, MUFG is making contributions to gender equity worldwide through our financial products and services, social contribution activities, and corporate climate development.
In FY2023, MUFG designated Women's Health Week (in Japan, from March 1 to March 8) as MUFG IWD Week and held online seminars on the importance of supporting women's health and promoting DEI and how to use DEI promotion support services. In addition, in order to create an environment in which employees can work with respect and a correct understanding of gender-specific health issues, we published a collection of Q&As for communicating about health issues specific to women in the workplace.
The Women’s Initiative Network (WIN), an Employee Resource Network (ERN), that promote Women’s empowerment, hosts annual events and activities focused on leadership, career development and women empowerment, while working to deepen ties and cooperation among employees and increase employee engagement.
EMEA ERN, Balance Network has held panel events and coffee mornings to showcase the 2024 IWD theme of "Invest in Women: Accelerate Progress". Colleagues have also had the opportunity to work with local school students to challenge gender stereotypes, inspire them about potential careers in the finance industry and help them develop leadership and presentation skills.
To make IWD more familiar, we held an event in which participants wore items in the IWD's emblematic color of purple and sent photos taken in specified poses in a relay email format. We also carried out an event in which employees sent each other e-cards to express gratitude for the achievements and contributions of women and for the men who support women's empowerment.
Initiatives for International Men's Day in APAC
November 19 is designated International Men's Day, a commemorative day to promote gender equality and celebrate men around the world. In the APAC region, we issued a newsletter to promote understanding of the mental health issues faced by male employees, held talk sessions by employees, and provided employees with opportunities to contemplate men’s health challenges and well-being.
Enhancement of Management Awareness
Improving the awareness of management is a crucial factor that determines the success of DEI initiatives. We aim to enhance job satisfaction and productivity by fostering an understanding of employees’ diverse values private lives.
Providing Various Training Programs
At MUFG, we provide a wide range of training programs, depending on the circumstances and priorities of each Group company. The Bank, the Trust Bank, and MUMSS hold training sessions for newly appointed general managers, managing directors, and directors. These sessions focus on teaching the importance of being aware of unconscious biases and building a team with psychological safety. The goal is to develop organizations and teams where each diverse employee can play an active role. For existing managers, we have created opportunities for them to deepen their understanding of DEI and to engage in self-reflection through e-learning, on-demand video and personnel evaluation, and other programs.
Understanding Racial and Cultural Diversity
MUFG actively address issues related to racial discrimination and strive to create an inclusive workplace environment. The Bank, the Trust Bank, and MUMSS conduct human rights awareness training for all employees, ensuring that each individual deepens their understanding and awareness of our human rights policies and issues. In the Americas and Europe, we foster a workplace culture that values and leverages racial and cultural diversity through the activities of employee-led networks (Employee Resource Networks, or ERNs).
The Intersection of Social Mobility in the Black Community in EMEA
In the United Kingdom, October is recognized as Black History Month, a time to understand and celebrate the contributions of Black individuals throughout history. The ERNs "MOSAIC," which promotes cultural diversity, and "Social Mobility," which promotes social mobility have come together to raise awareness of how social mobility intersects with the banking and finance careers of Black colleagues. A series of educational sessions explored the impact of coming from a lower socio-economic background on access to opportunities and the pace of career progression, and navigating the finance world with the help of mentoring, coaching and sponsorship.
Raising Awareness of Discrimination Against the Black Community in the Americas
PULSE ERN for the Black/African American community in the Americas, has established a three-step approach to create awareness about discriminatory practices and provide support for the Black community. The approach includes events and activities aligned to February Black History Month and Juneteenth observances designed to:
EDUCATE - provide insight and information on injustices against Black people and take action;
CELEBRATE – honor and commemorate the many contributions of the Black community;
ACTIVATE – volunteer and donate to causes that support the Black community.
Employee-Driven DEI Initiatives
MUFG provides opportunities for employees to take initiatives in promoting DEI.
Employee-led Online Communities in Japan
We've created a Teams community where employees with the same thoughts and concerns can connect across their work organizations. In addition to allowing participants to freely share information and exchange opinions with each other, it also serves as a place for networking, volunteer activities, and information gathering.
■ Mitsubishi UFJ Trust and Banking
Employee Resources Networks in Global Regions
In various global regions, employee-led networks (ERN: Employee Resource Network) are actively engaged in initiatives aimed at improving the workplace environment and contributing to society. Employees participating in ERNs proactively identify workplace issues and collaborate with various internal departments, such as HR and technology, to address these problems. This not only leads to improvements in the workplace environment but also creates a positive cycle that enhances the skills and engagement of each participating employee.
■ EMEA: Employee Resource Networks
■ the Americas: Employee Resource Networks
■ APAC: Employee Resource Network