by Kumiko Kitano | Apr 15, 2024 | Campaign, EN
Power companies JERA and Chubu Electric Power Co. (Chubu) Summary The Chubu Electric Group faces notable transition risks due to its joint venture, JERA’s fossil fuel expansion. The directors are responsible for the oversight of these risks. However, the current lack...
by Kumiko Kitano | Apr 10, 2024 | Campaign, EN
Banks MUFG,SMBC Group, Mizuho (collectively megabanks) Summary 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...
by asa_admin | Apr 4, 2023 | Campaign
Electricity companies JERA, Tokyo Electric Power Co. (TEPCO), Chubu Electric Power Co. (Chubu) Summary TEPCO and Chubu’s joint venture JERA is the largest power generation company in Japan. Since TEPCO and Chubu are the owners of JERA, they would bear the climate and...
by asa_admin | Mar 30, 2023 | Campaign
Trading houses Mitsubishi Corporation Summary Mitsubishi Corporation’s current climate targets and disclosures are insufficient for investors to conclude it has a viable pathway to meet its own net zero by 2050 commitment. Key points Mitsubishi Corporation’s...
by asa_admin | Mar 30, 2023 | Campaign
Banks MUFG,SMBC Group, Mizuho (collectively megabanks) Summary The megabanks’ climate policies, targets, and transition plans lack credibility, as they fail to align with net zero emissions by 2050 pathways such as IEA NZE and global climate measures standard-setting...