Regarding coal-fired power generation, which emits a large amount of greenhouse gases, major domestic financial companies have decided not to provide loans for coal mining business as fuel in addition to power plants, and are responding to decarbonization. Is accelerating.
Of these, Mitsubishi UFJ Financial Group will reduce the loan balance of 500 billion yen for coal-fired power plants to zero by 2040 in order to realize a carbon-free society.
In addition, it has decided not to provide new loans to the coal mining business, which will be used as fuel, and will support these customers in utilizing renewable energy.
Yo Watanabe, director of the Sustainability Planning Office of Mitsubishi UFJ Financial Group, said, "Energy issues vary by region and industry, so I would like to work toward decarbonization while interacting with our business partners."
In a major financial group, ▽ Sumitomo Mitsui Financial Group has decided not to finance coal mining business, expansion of coal mines, construction of facilities related to these, in addition to coal-fired power plants, and ▽ Mizuho Financial. The group has already indicated that it will not finance the coal mining business.
Domestic financial giants are required to announce specific efforts by international organizations of financial institutions aiming for decarbonization, and take more in-depth measures in the field of coal-fired power generation, which emits a large amount of greenhouse gases. The aim is to show the attitude toward the realization of decarbonization at home and abroad.