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Japanese Banks

Japan’s banking sector is one of the largest sources of loans to companies engaged in tropical deforestation in Southeast Asia. They’re also major financiers of environmentally destructive sectors like coal power and oil and gas infrastructure here in the US, including the tar sands pipelines.

Answer

Japan’s top three banks - Mizuho, Mitsubishi UFJ, and Sumitomo Mitsui Financial Group - have no effective safeguards to protect valuable forests, respect the rights of Indigenous Peoples and other forest-dependent communities, or tackle climate change.

RAN is calling on all banks, including Japan’s banking sector, to adopt strong safeguard policies and due diligence systems, so that only genuinely responsible forest and energy sector clients can get bank loans.

Sign our petition to Mizuho

Learn more about our work on banks and forests

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