Press Releases 2023

SoftBank Corp. Expands Commitment to Achieve Virtually ‘Net Zero’ Greenhouse Gas Emissions by 2050 to Group Companies

June 19, 2023
SoftBank Corp.

SoftBank Corp. (TOKYO: 9434, “SoftBank”) today announced it is expanding the scope of its ‘Net Zero’ commitment to its group companies*1. The new pledge builds on SoftBank's existing initiatives to eliminate greenhouse gas (GHG) emissions from its own business processes and energy consumption (Scope 1 and Scope 2) and GHG emissions generated by its supply chain (Scope 3) to achieve virtually Net Zero GHG emissions by 2050.

Recognizing its responsibility to mitigate climate change, in May 2021 SoftBank announced its pledge to achieve virtually zero GHG emissions by 2030 under its ‘Carbon Neutral 2030’ declaration that encompassed Scope 1 and Scope 2 GHG emissions. In August 2022, it announced a goal to achieve virtually Net Zero GHG emissions by 2050, which included Scope 3 GHG emissions generated by its supply chain. To accelerate the realization of a Net Zero society, SoftBank is expanding the scope of its Net Zero initiatives to its group companies. SoftBank submitted a commitment letter*2 to the Science Based Targets initiative (SBTi*3) to acquire SBT Net Zero certification, which is based on scientific evidence. In addition, SoftBank applied to join the RE100, an international initiative that urges companies to use 100% renewable energy to power their business activities.

SoftBank is taking various initiatives to reduce GHGs, such as entering into long-term renewable energy procurement contracts and promoting energy efficiency through the utilization of advanced technologies. Going forward, SoftBank will collaborate with its group companies, suppliers and other business partners to mitigate climate change and contribute to the realization of a decarbonized society.

Major ‘Net Zero’ initiatives

SoftBank Corp.

Scope1
Scope2

Renewable energy

  • Convert virtually all electricity usage to renewable energy sources by fiscal 2030
  • Sign long-term contracts to procure green energy, by fiscal 2030*4 50% of electricity use to be generated from additional renewable energy sources with scalability

Energy efficiency

  • Utilize AI and IoT for electricity usage efficiency and energy savings
  • Reduce environmental impacts by developing next-generation batteries
  • Improve electricity usage efficiency with super-distributed computing infrastructure (xIPF)

Data center initiatives

  • Deploy distributed AI data centers that utilize green energy
Scope3
  • Develop emission reduction guidelines for business partners
  • Participate in the Ministry of the Environment's model project to promote decarbonization across the entire supply chain, and establish emission reduction plans
  • Reduce GHG emissions related to commuting by promoting telework

Major group companies

SB C&S
Corp.
  • Promote the selection and sale of environmentally-conscious products and services
  • Promote the sale of cloud-based platforms
  • Conduct surveys on and request cooperation from suppliers regarding efforts to reduce environmental impacts
SB Power
Corp.
  • Jointly promote the utilization of renewable energy with SoftBank Corp.
  • Spread and expand energy-saving services for households through the “Eco-electricity App” and other means
SB Technology
Corp.
  • Reduce greenhouse gas emissions, both for customers and in-house by promoting cloud-based services
  • Reduce transportation costs and GHG emissions by providing paperless solutions
Z Holdings
Corporation
  • Construct, renovate, acquire, and operate data centers that meet the requirements of under 1.5 Power Usage Effectiveness (PUE*5)
  • Procure renewable energy necessary for operating data centers
Yahoo Japan
Corporation
  • Convert the power supply of data center in Washington State, USA to 100% renewable energy sources
  • Promote “Yahoo! Shopping” re-delivery reductions by strengthening deliveries at specified times and doorstep deliveries, and collaborate on delivery status
LINE
Corporation
  • Promote the conversion of electricity usage at offices and data centers to virtually all renewable energy sources
  • Reduce energy consumption by reducing server storage impacts through the utilization of in-house developed data processing technologies
ASKUL
Corporation
  • Use electric vehicles for last-mile deliveries
  • Convert 65% of electricity used by the entire group, including at headquarters, logistics centers, and subsidiaries, to renewable energy sources
ZOZO, Inc.
  • Convert electricity used at headquarters and logistics bases to 100% renewable energy sources
  • Improve loading efficiency when shipping from logistics bases to reduce CO2 emissions from product transportation
  • Implement Yamato Transport's “EAZY” to reduce CO2 from re-deliveries
[Notes]
  1. *1
    Applicable to consolidated subsidiaries
  2. *2
    Certification for SBT short-term targets was acquired in June 2021
  3. *3
    For more information on Science Based Targets initiative (SBTi), please visit this website
  4. *4
    Total for SoftBank Corp. and Wireless City Planning Inc.
  5. *5
    Indicator that measures energy efficiency of data centers and other facilities
  • SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries.
  • Other company, product and service names in this press release are registered trademarks or trademarks of the respective companies.