Public Profile

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.

47

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.

3

Industry Benchmark

Softbank's score of 47 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Softbank's reported carbon emissions

In 2023, Softbank reported total carbon emissions of approximately 9,808,155,000 kg CO2e, comprising 6,369,000 kg CO2e from Scope 1, 514,293,000 kg CO2e from Scope 2, and a significant 9,287,493,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease from 2022, where total emissions were about 9,948,568,000 kg CO2e. Over the years, Softbank's emissions have shown variability. In 2021, the company recorded total emissions of approximately 9,394,136,000 kg CO2e, with Scope 1 emissions at 12,052,000 kg CO2e, Scope 2 at 708,567,000 kg CO2e, and Scope 3 at 8,685,602,000 kg CO2e. The trend indicates a focus on managing emissions, particularly in Scope 3, which represents the majority of their carbon footprint. Despite the substantial emissions figures, there are currently no publicly disclosed reduction targets or initiatives from Softbank aimed at decreasing their carbon emissions. The absence of specific reduction commitments suggests a need for further clarity on their long-term climate strategy. As a major player in the telecommunications sector, Softbank's climate commitments will be crucial in addressing the industry's overall environmental impact.

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2017201820192020202120222023
Scope 1
11,386,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
Scope 2
711,128,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Softbank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Softbank is headquartered in JP, which has a rank of low, indicating low grid carbon 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 not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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