Softbank
SoftBank Group Corp., commonly known as SoftBank, is a leading multinational conglomerate headquartered in Tokyo, Japan (JP). Founded in 1981, the company has evolved into a powerhouse in the telecommunications and technology sectors, with significant operations across Asia, the United States, and Europe. SoftBank is renowned for its diverse portfolio, which includes mobile communications, internet services, and investment in technology firms through its Vision Fund. The company has achieved notable milestones, such as the acquisition of Sprint and significant stakes in companies like Alibaba and Uber, positioning itself as a key player in the global tech landscape. With a commitment to innovation and a unique approach to investment, SoftBank continues to shape the future of technology and telecommunications, solidifying its status as a market leader.
DitchCarbon Score
How does Softbank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Softbank's score of 49 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Softbank's reported carbon emissions
In 2023, Softbank reported total carbon emissions of approximately 36,149,937,000 kg CO2e, with emissions distributed across all three scopes: Scope 1 emissions at about 4,243,190,000 kg CO2e, Scope 2 emissions at approximately 8,681,251,000 kg CO2e, and Scope 3 emissions reaching around 24,884,139,000 kg CO2e. Over the years, Softbank's emissions have shown significant fluctuations. For instance, in 2022, the total emissions were about 9,948,568,000 kg CO2e, with Scope 1 at approximately 15,127,000 kg CO2e, Scope 2 at around 576,751,000 kg CO2e, and Scope 3 at about 9,368,649,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives, indicating a lack of formal commitments to reduce emissions through frameworks such as the Science Based Targets initiative (SBTi). However, Softbank continues to report its emissions data, reflecting its engagement with sustainability practices. Overall, while Softbank's emissions data illustrates a substantial carbon footprint, the absence of defined reduction targets suggests an opportunity for the company to enhance its climate commitments moving forward.
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Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 11,386,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 |
| Scope 2 | 711,128,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Softbank is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
