Mitsubishi UFJ Financial : MUFG Publishes its Green Finance Framework

Mitsubishi UFJ Financial Group, Inc. (MUFG)

MUFG Publishes its Green Finance Framework

Tokyo, March 15, 2024 --- Mitsubishi UFJ Financial Group, Inc. (MUFG) today announced that it has published a new "Green Finance Framework[1]" (the Framework) related to funding for the construction of the new MUFG Headquarters (HQ) Building[2]. MUFG also today obtained a second party opinion[3] on the Framework from Japan Credit Rating Agency, Ltd. (JCR).

MUFG works to solve issues confronting all its stakeholders, including society and customers, in accordance with its purpose of being "Committed to empowering a brighter future." In financing, as part of its aim of helping to build a sustainable environment and society through the provision of financial services, MUFG published its Green Bond Framework in September 2016, and its Green, Social, and Sustainability Bond Framework in October 2019. MUFG has issued the equivalent of USD 4.9 billion in green, social, and sustainability bonds to strengthen its ESG initiatives by allocating the proceeds to loans that contribute to the resolution of environmental and social issues.

The funds sourced via the Framework are planned to be allocated to the construction of the MUFG HQ Building through loans to MUFG Bank, Ltd., a wholly owned subsidiary of MUFG. MUFG aspires for the new MUFG HQ Building to be the symbol of an open financial group that connects with all stakeholders and actively contributes to achieving a sustainable society and decreasing the burden on the environment in line with the UN Sustainable Development Goals and Japan's 2050 target for achieving carbon neutrality.

Furthermore, MUFG has obtained a second party opinion from JCR on the Framework confirming its alignment with the Green Bond Principles 2021[4] published by the International Capital Market Association, as well as the Green Loan Principles 2023[5] published by the Loan Market Association, the Asia-Pacific Loan Market Association, and the Loan Syndications and Trading Association.

MUFG will continue to support customers, communities, society, and all stakeholders as one Group by providing funding via green financing and creating the new MUFG HQ Building, which aspires to actively contribute to realizing a sustainable society and mitigating environmental impacts.

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1. For more information on the Green Finance Framework, please refer to the link below:https://www.mufg.jp/english/ir/fixed_income/greenbond/framework_for_mufgbldg/index.html
2. For more information on the MUFG HQ Building, please refer to the link below:https://www.bk.mufg.jp/global/newsroom/news2024/pdf/newse0315.pdf
3. For more information on the second party opinion from JCR, please refer to JCR's website below:https://www.jcr.co.jp/en/greenfinance/
4. This is a voluntary guideline formulated by the International Capital Market Association (ICMA) to promote the transparency, disclosure, and reporting of green bonds and to promote market order
5. This is a voluntary guideline on green loan borrowing, formulated by the Loan Market Association (LMA), the Asia- Pacific Loan Market Association (APLMA), and the Loan Syndications and Trading Association (LSTA)

This statement is intended for public release as an announcement of Mitsubishi UFJ Financial Group Inc.'s Green Finance Framework and the second party opinion obtained for it, and is not for investment solicitation purposes.

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About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our clients, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

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