• Japanese transition hindered by lobbying, says Market Forces

    14 April 2023

    Intense lobbying from heavy industry in Japan is hindering progress and ambition from both government and financial institutions, Market Forces said.

  • Japan's largest banks hit by shareholder climate action

    12 April 2023

    Japan's six largest banks and energy companies have been hit by shareholder calls to disclose decarbonisation plans, over concerns that fossil fuel expansion will result in stranded assets.

  • SMBC, MUFG have highest share of fees from fossil fuel investments, AFII says

    24 September 2021

    Out of 20 underwriters and lenders with large global reach,the ones that made the highest share of their debt transaction fees from fossil fuels are Japanese banks SMBC and MUFG, according to non-profit the Anthropocene Fixed Income Institute (AFII).

  • Major European banks provided large-scale financial support to coal industry

    15 July 2020

    European banks including Barclays, BNP Paribas and Societe Generale loaned billions of euros to coal companies across the EU in 2019, according to a report.

  • Bonds round-up: Raiffeisen Bank, NWB, Mitsubishi UFJ, European Energy ... and more

    02 October 2019

    Raiffeisen Bank raises €750m from second green bond issue

  • Green Bonds round-up, 12 December

    12 December 2018

    Swedish bank SEB has predicted that total green bond issuance could reach $240 billion in 2019, despite the market moving "sideways" this year.

  • CMS Energy signs first US sustainability-linked loan of $1.4bn

    08 June 2018

    CMS Energy has signed a sustainability-linked revolving credit facility, claiming to have become the first US company to strike a deal of this kind.

  • Allianz and MUFG in US wind farm tax equity deal

    03 February 2017

    Allianz Capital Partners (ACP) – the alternative investment manager of German insurer Allianz – and Japanese financial conglomerate Mitsubishi UFJ Financial Group (MUFG) have co-invested in a 225MW wind project in Oklahoma.

  • GIB, MUFG, Siemens and Barclays fund £180m energy-from-waste plant

    16 December 2016

    The UK's Green Investment Bank (GIB) has invested alongside Mitsubishi UFJ Financial Group (MUFG), Siemens Bank, Natixis and Barclays into a £180 million ($225 million) energy-from-waste plant in Wales.

  • Mitsubishi UFJ to follow SMBC into green bond market

    08 September 2016

    Japanese lender Mitsubishi UFJ Financial Group (MUFG) has said it is preparing a launch its inaugural green bond, following in the footsteps of Sumitomo Mitsui Banking Corporation's (SMBC) landmark issue last year.