{"id":74144,"date":"2024-01-17T10:59:04","date_gmt":"2024-01-16T23:59:04","guid":{"rendered":"https:\/\/www.marketforces.org.au\/?page_id=74144"},"modified":"2025-03-21T13:52:44","modified_gmt":"2025-03-21T02:52:44","slug":"japanese-megabanks","status":"publish","type":"page","link":"https:\/\/www.marketforces.org.au\/campaigns\/asia\/japanese-megabanks\/","title":{"rendered":"Japanese Megabanks"},"content":{"rendered":"

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Asia campaigns<\/p>\n

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Japanese megabanks<\/h1>\n

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Act now before it’s too late!<\/h2>\n

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Last updated: March 2025<\/p>\n

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The Japanese megabanks; Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMBC Group), and Mizuho Financial Group (Mizuho) are among the world’s top financiers supporting the fossil fuel industry. These banks are at serious risk of failing to meet their commitment to achieving net zero emissions by 2050.<\/p>\n

The megabanks do not have the three aspects necessary for credible decarbonisation plans:<\/p>\n