Mitsubishi UFJ to ban financing for production of nuclear weapons

Mitsubishi UFJ Financial Group Inc. will ban the provision of financing for the production of nuclear and other weapons of mass destruction, according to the major Japanese financial group's recently revised guidelines.The revisions to Mitsubishi UFJ's Environmental and Social Policy Framework will take effect July 1, making it the first of Japan's three megabanks to explicitly ban financing for the production of atomic weapons.A Mitsubishi UFJ official attributed the revisions to "broad perceptions in the international community about the inhumane nature of nuclear weapons."Mitsubishi UFJ …READ FULL ARTICLE