SoftBank Group Corp., commonly known as SoftBank, is a leading multinational conglomerate headquartered in Tokyo, Japan. Founded in 1981, the company has evolved from a software distributor to 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 telecommunications, internet services, and investment in innovative technology companies. Its unique approach to venture capital, exemplified by the SoftBank Vision Fund, has positioned it as a key player in the global tech landscape. Notable achievements include substantial investments in companies like Alibaba and Uber, solidifying its market position as a formidable investor in the digital economy. With a commitment to fostering technological advancement, SoftBank continues to shape the future of various industries.
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.
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.
Softbank's score of 62 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SoftBank Corp. reported total greenhouse gas emissions of approximately 9.8 million tonnes CO2e, comprising about 6.4 million tonnes from Scope 1, 0.5 million tonnes from Scope 2, and around 9.3 million tonnes from Scope 3 emissions. This reflects a commitment to transparency in their environmental impact. SoftBank has set ambitious climate targets, aiming to reduce absolute Scope 1 and 2 emissions by 100% by FY2030 from a 2022 base year, and to cut Scope 3 emissions by 25% within the same timeframe. Furthermore, they have committed to achieving net-zero emissions across their entire value chain by FY2050. This long-term strategy includes a significant reduction target of 90% for Scope 3 emissions by 2050. These commitments align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. SoftBank's proactive approach demonstrates their dedication to sustainability and reducing their carbon footprint in the telecommunications sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 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 |
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 |
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 committed to some 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.