Our Approach to Sustainability
“Help shape the next 300 years for our future generations and the planet”
SoftBank Group’s philosophy, “Information Revolution - Happiness for Everyone” embodies our determination to bring happiness to everyone, even to future generations 300 years from now. To create a world where people can live in harmony with the earth, the SoftBank Group will fulfill our responsibility as a leader in the Information Revolution to realize a sustainable society.
SoftBank Group Sustainability Principals
SoftBank Group has established “The SoftBank Group Sustainability Principals” as a guideline for the Group's sustainability initiatives, so as to achieve sustainable growth by meeting the expectations of customers, shareholders, creditors, business partners, employees, and all other stakeholders.
Based on this policy, we have identified material issues reflecting business characteristics and social demands of each Group company. For autonomous promotion of our sustainability initiatives, we have established the Six activity themes.
Activity Themes – Our Direction
1. Drive sustainable growth and innovation in society by uniting wisdom and knowledge
2. Take responsibility by responding to emerging issues that come with technological advancement
3. Ensure the growth of the future generations and our business by creating higher quality employment for all
4. Leverage breakthrough technologies to resolve environmental issues, including energy problems
5. Demonstrate highly transparent governance and integrity to win further trust of our stakeholders
6. Maximize our potential as a group by joining forces with people around the world to make a positive impact on society
Our Material Issues - Strategic Material Issues
SoftBank Group classified social issues from two perspectives: the importance to stakeholders and to our business. Among these social issues, we identified eight key issues as Strategic Material Issues that we must prioritize.
The Strategic Material Issues are identified in the following process:
Step 1: Identification of Issues / Identify related social issues
Refer to external guidelines and the opinions of outside experts to identify social issues in the social and business environments surrounding the Group's main industries.
Step 2: Materiality Analysis / Analyze the Importance of Social Issues to Society and the Group
Analyze the importance of the issues identified in Step 1 from two perspectives: "issues that stakeholders consider important" and "issues that we consider important for our sustainable growth."
Step 3: Identification of Material Issues / Identify the Strategic Material Issues that the Group should tackle through business practice
Based on the results of the analysis in Step 2, we identify Strategic Material Issues to be addressed with priority.
Going forward, we plan to continue addressing identified Strategic Material Issues by setting relevant targets. In addition, Strategic Material Issues will be reviewed as needed to reflect changes in society and the environment, the expectations of stakeholders, and changes in the business practice of each Group company, with the aim of achieving sustainable growth for the Group as a whole.
Sustainability Promotion Structure
To accelerate our sustainability initiatives, the SoftBank Group established a new post of Chief Sustainability Officer and appointed Mr. Yoshimitsu Goto, the Senior Vice President of the SoftBank Group Corp., We also established the Sustainability Committee to promote sustainability activities. The committee is chaired by the Chief Sustainability Officer and is comprised of corporate officers and the head of the Sustainability promotion division. The Sustainability Committee discusses important sustainability issues and promotion policies for the SoftBank Group and reports its key decisions and important issues with significant impacts on the to the Board of Directors on a regular basis. In addition, we will keep close communication with the Group companies to promote sustainable management throughout the Group.
Contribution to SDGs
Based on our corporate philosophy, "Information Revolution — Happiness for Everyone", the SoftBank Group aims to realize a society where people all over the world can live happily and prosperously. Together with the group companies that conduct business globally, we will work to contribute to the SDGs by addressing the six activity themes stipulated in our Sustainability Principles.