Rakuten
Rakuten, Inc., commonly known as Rakuten, is a leading Japanese e-commerce and online retail company headquartered in Tokyo, Japan. Founded in 1997, Rakuten has grown to become a significant player in the global digital marketplace, with operations spanning across Asia, Europe, and the Americas. The company is renowned for its diverse range of services, including e-commerce, digital content, and financial technology, which set it apart in the competitive landscape. Rakuten's core offerings include its online marketplace, Rakuten Ichiba, and various digital services such as Rakuten TV and Rakuten Pay. The company has achieved notable milestones, including its expansion into international markets and strategic partnerships that enhance its service portfolio. With a strong market position, Rakuten continues to innovate, making it a prominent name in the e-commerce industry.
DitchCarbon Score
How does Rakuten'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
Rakuten's score of 62 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rakuten's reported carbon emissions
In 2023, Rakuten Group, Inc. reported total carbon emissions of approximately 12,696,815,000 kg CO2e. This figure includes Scope 1 emissions of about 2,991,000 kg CO2e, Scope 2 emissions of approximately 337,224,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 12,693,824,000 kg CO2e. Notably, the majority of their emissions stem from investments and purchased goods and services. Rakuten has set ambitious climate commitments, aiming to achieve a 99.7% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2032, using FY2022 as the baseline. Additionally, they plan to reduce Scope 3 emissions by 30% within the same timeframe. Specific targets include reducing Scope 2 emissions to near zero by 2025, contingent on achieving RE100 across all consolidated companies, which would eliminate Scope 2 emissions as they are entirely derived from purchased electricity. These commitments reflect Rakuten's dedication to addressing climate change and aligning with industry standards for sustainability. The company is actively working towards these goals, with a focus on significant reductions in their carbon footprint over the coming years.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 304,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,285,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Rakuten is participating in some of the initiatives that 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.
