SoftBank Corp.

SoftBank Corp.'s reported carbon emissions

SoftBank Corp., headquartered in Japan and operating in the post and telecommunication services sector, reported its carbon emissions for fiscal year 2024 as approximately 11.94 billion kg CO2e. This total encompasses Scope 1 emissions of about 9.5 million kg CO2e, Scope 2 emissions (market-based) of approximately 383.8 million kg CO2e, and Scope 3 emissions totalling about 11.55 billion kg CO2e. Key contributors to Scope 3 emissions include purchased goods and services (approximately 3.90 billion kg CO2e) and the use of sold products (approximately 3.10 billion kg CO2e). The company has set ambitious climate commitments, including those validated by the Science Based Targets initiative (SBTi). These commitments involve reducing absolute Scope 1 and 2 greenhouse gas emissions by 82.8% by FY2030/31 from a FY2019/20 base year. Additionally, SoftBank Corp. aims to reduce absolute Scope 3 emissions by 14.8% within the same timeframe. More recently, updated targets indicate a commitment to a 100% reduction in absolute Scope 1 and 2 emissions by 2030, using a 2022 base year, and a 25% reduction in absolute Scope 3 emissions over the same period. Looking further ahead, the company has a long-term goal to achieve net-zero greenhouse gas emissions across its value chain by FY2050, with a commitment to maintaining a 100% absolute Scope 1 and 2 emission reduction from 2030 to 2050, and a 90% reduction in absolute Scope 3 emissions by 2050.