🚨🇯🇵 JAPAN’S BIGGEST BANK JOINS WAVE OF EXITS FROM NET-ZERO ALLIANCE
Mitsubishi UFJ Financial Group (MUFG) is set to leave the Net-Zero Banking Alliance (NZBA), following major banks like JPMorgan, Bank of America, and RBC in backing away from climate commitments.
The exits… https://t.co/oA4bFnQjbK pic.twitter.com/b7zhT5GePU
— Mario Nawfal (@MarioNawfal) March 18, 2025
The departure of Mitsubishi UFJ Financial Group (MUFG) from the Net-Zero Banking Alliance signals a growing shift in how banks are approaching climate commitments.