Softbank Sustainability Profile
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 66 is higher than 81% 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 2024, SoftBank's total carbon emissions reached approximately 36.1 billion kg CO2e, comprising 4.2 billion kg CO2e from Scope 1, 8.7 billion kg CO2e from Scope 2, and about 23.2 billion kg CO2e from Scope 3 emissions. In the UK, the company reported total emissions of approximately 2.8 billion kg CO2e, with Scope 1 emissions at about 282 million kg CO2e, Scope 2 at approximately 869 million kg CO2e, and Scope 3 at about 1.7 billion kg CO2e. SoftBank has committed to achieving net-zero greenhouse gas emissions across all scopes by 2030, as outlined in its Carbon-Neutral 2030 Declaration. This ambitious target includes significant reductions in emissions from its own business processes and energy consumption, specifically targeting both Scope 1 and Scope 2 emissions. The company aims to bring its emissions to net zero by 2030, demonstrating a strong commitment to climate action and sustainability. SoftBank's emissions data is sourced directly from its own reporting and does not cascade from any parent organization. The company actively participates in initiatives such as the Carbon Disclosure Project (CDP) and RE100, further solidifying its commitment to reducing its carbon footprint.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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 |
How Carbon Intensive is Softbank's Industry?
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Softbank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Softbank has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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