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MUFG Union Bank Launches Green Deposits in the United States
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NEW YORK, Feb. 22, 2021 /PRNewswire/ MUFG Union Bank, N.A., today announced that it has launched Green Deposits for commercial and corporate clients to support sustainable projects that benefit the environment.
Available in the United States, Green Deposits give clients the opportunity to invest their deposits in Environmental, Social and Governance (ESG) projects. MUFG will use the deposited funds to finance ESG projects such as energy efficiency; renewable energy; green transport; sustainable food, agriculture, and forestry; waste management; and greenhouse gas reduction, among others.