We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO of Softbank Group is Chair of REI (Correct as of October 2022)
Masayoshi Son
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO of Softbank Group is Chair of REI (Correct as of October 2022)
Masayoshi Son
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO of Softbank Group is the Executive Director of Renewable Energy Council (Correct as of Oct 2022)
Masayoshi Son
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO of Softbank Group is the Executive Director of Renewable Energy Council (Correct as of Oct 2022)
Masayoshi Son
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Softbank Group is a member of Information Technology Industry Council
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Softbank Group is a member of Information Technology Industry Council
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
SB Energy is a supporting member of JCLP. Supporting Member scored as 4 (Japan Specific). Deducted -2 because it is a subsidiary.
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
SB Energy is a supporting member of JCLP. Supporting Member scored as 4 (Japan Specific). Deducted -2 because it is a subsidiary.
not specified
--no extract--
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Climate Lobbying Overview: Softbank Group has had some active engagement with climate policies, appearing to take a positive position on energy transition and GHG emissions reduction targets in Japan.
Top-line Messaging on Climate Policy: Softbank Group appears to have positive positions in its top-line messaging on climate action. The company showed recognition on some of the science of climate change in its sustainability report published in September 2021. In its annual report published in July 2021, Softbank Group voiced broad support for efforts towards more ambitious GHG emissions reductions. In June 2022, as a member of Japan Climate Initiative (JCI), Softbank Group co-signed a joint statement which supports UNFCCC process to limit global warming below 1.5 °C.
Engagement with Climate-Related Regulations: Softbank Group appears to have active engagement with renewable energy regulations and GHG emissions targets, yet limited engagement with other climate-related regulations. In its response on CDP 2021 Climate Change accessed October 2022, Softbank Group appeared to support increased ambition of renewable energy legislation and targets, stating "we have made requests to the government to contribute to the diffusion and expansion of renewable energy.” In April 2021, Softbank Group was a signatory of a statement submitted to the Japanese government by the JCI demanding to “strengthen its greenhouse gas reduction target from the current 26% to an ambitious level of at least 45%.”.
Positioning on Energy Transition: Softbank Group appears to hold positive positions on transitioning the energy mix. At International Conference REvision2022 in March 2022 hosted by Renewable Energy Institute, Softbank Group’s CEO Masayoshi Son advocated for the urgent decarbonization of the power sector. In January 2021, Softbank Group was a signatory to a JCI statement submitted to the Japanese government that called for “a 40-50% renewable energy electricity target for FY2030 in the next Basic Energy Plan to be formulated this year.”
Industry Association Governance: Softbank Group has not fully disclosed a list of its industry association memberships in its corporate website. In its 2021 CDP response, the company fully disclose its climate change policy positions, and disclosed some membership to the Renewable Energy Council (REC) but failed to disclose others found by InfluenceMap to have opposed progressive climate policy, such as Keidanren.