Climate investor calls for votes against directors at Japan’s megabanks and trading houses

An article in Reuters by Anton Bridge, dated April 22, 2026, highlighted that environmental advocacy group Market Forces is calling upon institutional investors to vote against board members for failing to recognize and manage the financial risks posed by investments in fossil fuel production. These included the megabanks Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), and Mizuho Financial Group; and trading houses Mitsubishi Corporation, Mitsui & Co., and Sumitomo Corporation.