Leading Japan bank restricts financing for oil sands and Arctic

Mitsubishi UFG to consider impact on ecosystems and indigenous communities

Out of favour: an oil rig stands on the shore of the Arctic Ocean — Out of favour: an oil rig stands on the shore of the Arctic OceanPhoto: AP/SCANPIX

Amanda Battersby

London

Mitsubishi UFJ Financial Group Arctic Oil sands

Published 15 May 2020, 13:53Updated 18 May 2020, 10:21