Rakuten
Rakuten, Inc., commonly known as Rakuten, is a leading Japanese e-commerce and online retail company headquartered in Tokyo, Japan. Founded in 1997, Rakuten has grown to become a significant player in the global digital marketplace, with operations spanning across Asia, Europe, and the Americas. The company is renowned for its diverse range of services, including e-commerce, digital content, and financial technology, which set it apart in the competitive landscape. Rakuten's core offerings include its online marketplace, Rakuten Ichiba, and various digital services such as Rakuten TV and Rakuten Pay. The company has achieved notable milestones, including its expansion into international markets and strategic partnerships that enhance its service portfolio. With a strong market position, Rakuten continues to innovate, making it a prominent name in the e-commerce industry.
DitchCarbon Score
How does Rakuten'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
Rakuten's score of 54 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rakuten's reported carbon emissions
In 2023, Rakuten Group, Inc. reported total greenhouse gas emissions of approximately 12,696,815,000 kg CO2e. This includes 2,991,000 kg CO2e from Scope 1 emissions and 337,224,000 kg CO2e from Scope 2 emissions. The majority of their emissions, about 12,693,824,000 kg CO2e, fall under Scope 3, which encompasses indirect emissions from their value chain. For the year 2022, Rakuten's emissions were approximately 9,471,995,000 kg CO2e, with Scope 1 emissions at 1,745,000 kg CO2e and Scope 2 emissions at 268,476,000 kg CO2e. The company has set ambitious targets to significantly reduce its carbon footprint. By FY2032, Rakuten aims to achieve a 99.7% reduction in absolute Scope 1 and 2 emissions from a FY2022 baseline. Additionally, they are committed to reducing absolute Scope 3 emissions by 30% within the same timeframe, with a specific target of a 76.8% reduction in emissions from sold electricity per MWh. These commitments align with industry standards for climate action, demonstrating Rakuten's dedication to sustainability and its role in combating climate change.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 304,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,285,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 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.
Rakuten 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.
