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Japan's Mitsubishi UFJ to Leave Int'l Decarbonization Group

Japan's Mitsubishi UFJ to Leave Int'l Decarbonization Group

Mitsubishi UFJ Financial Group's signboard in Tokyo
Mitsubishi UFJ Financial Group's signboard in Tokyo

   Tokyo, March 19 (Jiji Press)--Japan's Mitsubishi UFJ Financial Group Inc. has decided to withdraw from an international organization of banks aimed at decarbonizing their operations, following similar moves by its U.S. peers.
   Major U.S. financial institutions quit the framework, the Net-Zero Banking Alliance, following the launch of U.S. President Donald Trump's administration, which is backpedaling his country's fight against climate change.

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AFP-JIJI PRESS NEWS JOURNAL


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