SoftBank Corp. Sustainability Profile
SoftBank Corp., a leading telecommunications and technology conglomerate headquartered in Tokyo, Japan, has been a pivotal player in the industry since its founding in 1981. With a diverse portfolio that spans mobile communications, broadband services, and internet of things (IoT) solutions, SoftBank has established itself as a key innovator in the global market. The company operates extensively across Japan and has made significant inroads into international markets through strategic investments and partnerships. Notable achievements include the launch of the SoftBank Vision Fund, which has positioned the company at the forefront of venture capital in technology. SoftBank's unique offerings, such as its advanced 5G network and AI-driven services, underscore its commitment to shaping the future of connectivity and digital transformation.
DitchCarbon Score
How does SoftBank Corp.'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 Telecommunications Services 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 Corp.'s score of 68 is higher than 79% 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 Corp.'s reported carbon emissions
In 2024, SoftBank Corp. reported total greenhouse gas emissions of approximately 11,939,322,000 kg CO2e. This includes Scope 1 emissions of about 9,485,000 kg CO2e, Scope 2 emissions (market-based) of approximately 383,765,000 kg CO2e, and significant Scope 3 emissions totalling around 11,546,072,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint through ambitious targets set in alignment with the Science Based Targets initiative (SBTi). SoftBank Corp. aims for a 100% absolute reduction in Scope 1 and Scope 2 emissions by 2030, using 2022 as the base year. Furthermore, the company has committed to a 90% reduction in absolute Scope 3 emissions by 2050, also from a 2022 baseline. These targets reflect a long-term strategy to achieve net-zero greenhouse gas emissions across its value chain by FY2050. In previous years, SoftBank's emissions were as follows: in 2023, total emissions were about 9,808,155,000 kg CO2e; in 2022, approximately 9,948,568,000 kg CO2e; and in 2021, around 9,394,136,000 kg CO2e. The company has consistently reported emissions across all three scopes, indicating a comprehensive approach to climate accountability. SoftBank's climate commitments are not only ambitious but also align with global efforts to limit warming to 1.5°C, showcasing its dedication to sustainability within the telecommunications sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 15,416,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 605,513,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,121,487,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
How Carbon Intensive is SoftBank Corp.'s Industry?
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SoftBank Corp.'s Scope 3 Categories Breakdown
SoftBank Corp.'s Scope 3 emissions, which increased by 24% last year and increased by approximately 270% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 34% of Scope 3 emissions.
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SoftBank Corp.'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 Corp. 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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Frequently Asked Questions
Common questions about SoftBank Corp.'s sustainability data and climate commitments