At the bank's annual shareholder meeting, held on June 26th, more than 20% of shareholders voted against the board chair's re-election. This resulted from an initiative launched by Market Forces, recommending investors to vote against the re-election of key board directors due to systemic failures in overseeing material climate, transition and regulatory risks in SMBC’s corporate governance.

MUFG is the lead arranger for the Papua LNG project, which recently the subject of an extensive complaint to the Equator Principles, filed in December 2025. MUFG has so far ignored the complaint, yet it remains as training lead for the Equator Principles, despite facing at least five separate formal human rights-related complaints since 2023.

The new Banking on Climate Chaos 2026 report crowns once again JPMorgan Chase as the top financier of fossil fuels among the largest global commercial banks, with a total of USD 248.9 billion financed in the period 2021-2025, USD 58.7 billion in 2025 alone.

A recent financial briefing by BankTrack, B4Ukraine and the KSE Institute demonstrates that withdrawing from Russia would actually be cheaper than the losses risked by staying.