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.
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 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Softbank reported total carbon emissions of approximately 36,149,937,000 kg CO2e. This figure includes Scope 1 emissions of about 4,243,190,000 kg CO2e, Scope 2 emissions of approximately 8,681,251,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 24,884,139,000 kg CO2e. In comparison, the company's emissions in 2022 were about 9,948,568,000 kg CO2e, with Scope 1 at 15,127,000 kg CO2e, Scope 2 at 576,751,000 kg CO2e, and Scope 3 at 9,368,649,000 kg CO2e. This indicates a substantial increase in emissions year-on-year, particularly in Scope 1 and Scope 2 categories. Softbank has not disclosed specific reduction targets or initiatives as part of its climate commitments, nor has it engaged with the Science Based Targets initiative (SBTi) for formal reduction targets. The absence of documented reduction strategies suggests a need for enhanced focus on sustainability practices within the organisation. Overall, while Softbank's emissions data reflects a significant carbon footprint, the lack of clear reduction commitments highlights an opportunity for the company to strengthen its climate action efforts.
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 |
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.