SoftBank Corp.' Greenhouse Gas Emission Reduction
Targets Certified by the Science Based Targets initiative

June 24, 2021
SoftBank Corp.

SoftBank Corp. ('SoftBank') today announced that the goals detailed in its Carbon Neutral 2030 Declaration to achieve virtually zero greenhouse gas emissions by 2030 were certified by the Science Based Targets initiative ('SBTi'), a body enabling businesses to set ambitious emissions reduction targets.

The SBTi was jointly established by the United Nations Global Compact, CDP (formerly the Carbon Disclosure Project), the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The body assesses and certifies whether the emission reduction targets of companies and organizations around the world comply with the targets set forth in the Paris Agreement, for which world governments committed to curbing global temperature rise to well below 2℃ above pre-industrial levels and pursuing efforts to limit warming to 1.5℃.

SoftBank is switching to renewable energy sources to power*1 its 230,000 mobile phone base stations*2 and other facilities located across Japan, and is fully utilizing the power of AI, IoT and other advanced technologies to promote energy efficiency at its facilities and for its own equipment. To contribute to society's adoption of renewable energy, SoftBank is also promoting the development of next-generation batteries for future practical applications.

[Notes]
  1. *1
    Effectively fully powered by electricity from designated renewable sources that are certified to not use fossil fuels.
  2. *2
    Base stations as of the end of March 31, 2020.
  • 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.

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SoftBank Group Corporation published this content on 24 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 June 2021 07:02:03 UTC.