Royal Golden Eagle acknowledges new deforestation in its pulpwood supply chain
Nine years after RGE committed to ending deforestation, concessions in its supply chain are actively clearing rainforests.
U.S. Environmental Group Calls on MUFG to End Fossil Fuel and Deforestation Financing
RAN challenges Japan’s largest bank for failing on climate, human rights, and governance July 2, 2025 — Tokyo, Japan — Rainforest Action Network (RAN), a U.S.-based environmental NGO headquartered in…
Japanese Megabank MUFG Found to be Financing Massive Carbon Bomb in Indonesia’s Peatlands
JAKARTA/TOKYO — An explosive new investigation by Rainforest Action Network (RAN) has uncovered that Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) has been financing one of Indonesia’s worst environmental…
Japanese Megabank MUFG Finances Massive Carbon Bomb in Indonesia’s Peatlands
Fires caused by the expansion of industrial plantations in peatlands remain one of the largest contributors to Indonesia’s greenhouse gas emissions. They also cause public health crises and cause billions of dollars of economic loss and damage.
New Evidence Questions the Credibility of Multi-billion Dollar “Sustainable Finance” Deals Arranged by Japanese Megabank MUFG
As Billions in finance have flowed to the Royal Golden Eagle Group, deforestation connected to the giant conglomerate continued August 27, 2024 – San Francisco, CA – Today, Rainforest Action…
Shareholders send MUFG a stark climate warning
June 29, 2021: June 29, 2021: At its AGM today in Tokyo, 23% of shareholders issued a major climate warning to Mitsubishi UFJ Financial Group (“MUFG”) management by voting in…
Major Brands and Banks Failing to Stop Deforestation and Human Rights Abuses, New Scorecard Finds
Procter & Gamble, Ferrero, and JPMorgan Chase among those that receive a ‘F” Score San Francisco, CA – Major multinational brands and banks are failing to stop deforestation and human…
Japan’s largest bank MUFG tightens coal power and forest sector policies – but far from aligned with Paris Agreement
Today, Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG) (TYO: 8306) announced a revision of its Environmental and Social Policy Framework (1) policy for the coal-fired power, forestry and palm…
The data is in: Chase, Citi, and MUFG are hurling us all towards climate catastrophe
Our annual flagship report, Banking on Climate Chaos, has revealed that JPMorgan Chase is once again the top funder of fossil fuels since Paris, followed by Citi. MUFG earns a dishonorable mention for its funding of poisonous pipelines. Fortunately for them, we have a plan–and we’ll make sure our voices are heard.
Japan’s Largest Bank Targeted by Climate Resolution: Mitsubishi UFJ Financial Group told to align with Paris
TOKYO, Japan, March 29 2021: Japanese NGO Kiko Network, along with three individual investors, have just filed Japan’s second ever climate resolution on a Japanese financial institution, this time on…