MUFG N0W (Net Zero World) made its debut in Mainland China as the world increasingly looks towards the country to drive global climate collaboration and energy transition through its leadership in green technology and international growth platforms such as the Belt and Road Initiative.
Hosted by the bank’s ESG finance team for Asia Pacific and MUFG Bank China, the event in Shanghai saw leading Chinese corporates in attendance alongside public and industry bodies such as the Green Partnership of Industrial Parks in China (GPIPC) and National Association of Financial Market Institutional Investors (NAFMII).
Hosted by the bank’s ESG finance team for Asia Pacific and MUFG Bank China, the event in Shanghai saw leading Chinese corporates in attendance alongside public and industry bodies such as the Green Partnership of Industrial Parks in China (GPIPC) and National Association of Financial Market Institutional Investors (NAFMII).
Benjamin Lam, MUFG China’s Deputy President said MUFG N0W serves as a crucial platform for mobilising private and public sectors towards supporting the country’s climate agenda: “There can be no plausible pathway to global net zero without China. The inauguration of MUFG N0W in Shanghai is further testament of our commitment to facilitating dialogue, engagement, and ultimately, collaborative action, in support of our clients’ sustainability and growth aspirations.”
As one of the first foreign banks to enter China, MUFG has not only connected Chinese corporations to global opportunities but has also actively promoted sustainable finance in the country, having set a target of achieving a sustainable funding balance of RMB15 billion, or over USD2 billion, by 2030.
Since receiving its lead underwriting license for corporate Panda bonds in China in January 2024, MUFG China has also deepened its track record of onshore green bond underwriting, while further connecting regional clients to opportunities in Mainland China.
As one of the first foreign banks to enter China, MUFG has not only connected Chinese corporations to global opportunities but has also actively promoted sustainable finance in the country, having set a target of achieving a sustainable funding balance of RMB15 billion, or over USD2 billion, by 2030.
Since receiving its lead underwriting license for corporate Panda bonds in China in January 2024, MUFG China has also deepened its track record of onshore green bond underwriting, while further connecting regional clients to opportunities in Mainland China.
