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Created before Nov 2016
Last update: 2017-09-15 12:32:42
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About


Mitsubishi UFJ Financial Group (MUFG) is a Japanese financial services company headquartered in Tokyo. The Bank of Tokyo-Mitsubishi UFJ, the largest bank in Japan, serves as its core retail, corporate, and investment banking arm. The bank was established on January 1, 2006, through the merger of the Bank of Tokyo-Mitsubishi and UFJ Bank. MUFG is the world's fifth largest bank according to assets. In 2016 the group controlled assets worth USD 2.589 trillion.
Headquarters |
7-1 Marunouchi 2-Chome Chiyoda
100-0005 Tokyo
Japan
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Supervisor | |
CEO/chair |
Nobuyuki Hirano Director and Group CEO |
Annual report | MUFG Report 2016 |
Website | http://www.bk.mufg.jp/global/ |
Ownership |
listed on NYSE Euronext & Tokyo Stock Exchange
MUFG's share holder structure can be seen here. |
Related Dodgy Deals
Projects
Annova LNG Terminal United States
Atlantic Coast Pipeline United States
Cirebon 2 coal power plant Indonesia
Dakota Access Pipeline United States
Kusile coal power plant South Africa
Long Phu I coal power plant Vietnam
Mountain Valley Pipeline United States
Nghi Son 2 coal power plant Vietnam
Solwara 1 Deep Sea Mining Project Papua New Guinea
Tanjung Jati-B 2 (TJB2) coal power plant Indonesia
Trans Mountain Pipeline Expansion project (TMEP) Canada
Vung Ang II coal power plant Vietnam
Batang Coal Power Project Indonesia
Bauxite mine Niyamgiri Hills India
Block 31, Yasuni National Park Ecuador
Camisea pipeline project Peru
GALFAD waste management project- CDM Indonesia
Grasberg gold and copper mine Indonesia
Great Barrier Reef Coal & Gas Exports Australia
Hazelwood coal power plant Australia
Kaltim Prima Coal mine Indonesia
Kashagan oil project Kazakhstan
Liquified Natural Gas (LNG) project Papua New Guinea
Mining in Goa/ Sesa Goa India
Nam Theun 2 dam Laos
Palm Oil Plantations in the Sambas District Indonesia
Sakhalin II oil and gas project Russian Federation
SOCAR Aegean Refinery Turkey
Tufanbeyli coal power plant Turkey
Woodside Petroleum’s gas refinery Australia
Companies
IOI Corporation Malaysia
Trafigura Singapore
TransCanada Corporation Canada
Vitol Switzerland
Adani India
Alliant Techsystems United States
Alpha Natural Resources United States
Anglo American United Kingdom
Arch Coal United States
Areva France
Astra Agro Lestari Indonesia
BHP Billiton Australia
Bumi Resources Indonesia
Bumitama Indonesia
EDF France
ENGIE France
ESKOM South Africa
Glencore Switzerland
Jindal Steel & Power India
Lockheed Martin United States
National Thermal Power Corporation (NTPC) India
Rio Tinto Australia
RWE Germany
Samling Hong Kong
SUEK Russian Federation
Textron United States
Vale Brazil
Vedanta Resources United Kingdom
Wilmar Group Singapore
Dodgy Deals map
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News
Documents
Links
Policies
Voluntary initiatives
Mitsubishi UFJ Financial Group (MUFG) has committed itself to the following voluntary standards:Investment policies
Mitsubishi UFJ Financial Group has a sustainability and CSR web page, which is follow by the Bank of Tokyo-Mitsubishi UFG. The Bank has its own Corporate Vision.
Issues
Mitsubishi UFJ Financial Group (MUFG) and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Mitsubishi UFJ Financial Group (MUFG) adopted the Equator Principles in 2005.
Reporting on the Equator Principles
Mitsubishi UFJ Financial Group (MUFG) must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Mitsubishi UFJ Financial Group (MUFG) is in compliance with its reporting obligations. The 2015 report can be found here.
Dodgy Deals
Mitsubishi UFJ Financial Group (MUFG) is involved in financing the following Equator Principles projects that BankTrack considers controversial.
Cirebon 2 coal power plant Indonesia
Dakota Access Pipeline United States
Tanjung Jati-B 2 (TJB2) coal power plant Indonesia
Trans Mountain Pipeline Expansion project (TMEP) Canada
Vung Ang II coal power plant Vietnam
Batang Coal Power Project Indonesia
Block 31, Yasuni National Park Ecuador
Camisea pipeline project Peru
Kashagan oil project Kazakhstan
Liquified Natural Gas (LNG) project Papua New Guinea
Nam Theun 2 dam Laos
Sakhalin II oil and gas project Russian Federation
SOCAR Aegean Refinery Turkey
Tufanbeyli coal power plant Turkey
Woodside Petroleum’s gas refinery Australia
Human rights
True leader
Front runner
Follower
Laggard
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BankTrack has assessed Mitsubishi UFJ Financial Group (MUFG) on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Mitsubishi UFJ Financial Group (MUFG) is assessed as a Laggard, with a total score of 0/12.
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Equator Principles
Implementation and reporting
Mitsubishi UFJ Financial Group (MUFG) is reporting on the implementation here.