Mitsubishi UFJ Financial Group Inc
Primary Climate Goal
Mitsubishi UFJ Financial Group Inc's target annual Scope 1 + 2 emissions for 2030 should be equal to 0 Kt = 0% * 172 Kt, according to the company's stated climate goal.
In order to achieve this goal, Mitsubishi UFJ Financial Group Inc would need to reduce its emissions at least by -19 Kt per annum over the period from 2022 to 2030:
-19 Kt = ( 0 Kt - 172 Kt ) / (2030 - 2021)
This translates into a -11% reduction in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Mitsubishi UFJ Financial Group Inc aims to achieve net zero for Scope 1 + 2 by 2030
GHG emissions and Carbon intensity
Mitsubishi UFJ Financial Group Inc reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 March 2021 at 172 Kt (-23 /-11.6% y-o-y).
Mitsubishi UFJ Financial Group Inc's Scope 3 emissions tumbled to 3.5 Kt (
The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -19 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.