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SoftBank will contribute to the achievement of the SDGs and to solutions to issues in society, and to realize its management philosophy. SoftBank will contribute to the achievement of the SDGs and to solutions to issues in society, and to realize its management philosophy.

SoftBank Corp. has always contributed to people and communities by following its corporate philosophy of “Information Revolution — Happiness for Everyone.” As societyʼs digitalization advances at a breakneck pace and the age of full-fledged 5G services draws nearer, SoftBank will contribute to solving societyʼs problems by executing its own digital shift, leveraging cutting-edge technologies such as AI and IoT to maximum advantage, and by leading the charge toward digital transformation (DX). By listening widely to the voices of a wide variety of customers, offering services as only SoftBank can, co-creating with a diverse range of partners, and working closely with our Group companies, we at SoftBank are aiming to become the technology Company needed most by people around the world.

Today a host of problems are growing ever more severe worldwide. Natural disasters are growing in scale, the environment is being degraded, and economic disparities are widening. In Japan, a declining birthrate coupled with an aging demographic profile is bringing labor shortages and other complex problems to the fore. To confront these challenges, the international community is accelerating efforts to achieve the United Nations Sustainable Development Goals (SDGs). As a good corporate member of society, SoftBank regards contributing to the formation of a sustainable society as one of its most essential management issues. Guided by the concept of “a world where all things, information and minds are connected,” SoftBank has identified six priority issues (materiality themes, or key challenges) with which it must contend. The standard we apply in identifying these materiality themes is not their importance to SoftBank but how closely they relate to the SDGs and the concerns of stakeholders. By grappling with these issues as we pursue our Beyond Carrier Strategy, which calls on the Company to diversify into other fields while further growing its core business of communications, SoftBank will enhance its corporate value and contribute to a sustainable society.

Communication infrastructure is a vital and indispensable lifeline for society. SoftBank seeks to fulfill its role as a communications infrastructure enterprise by providing a stable supply of reliable information and communication services. To provide even better service, SoftBank is working to achieve early nationwide rollout of 5G across Japan and put its stratosphere-based High-Altitude Platform Station (HAPS) communication platform into service. Through these efforts, we aim to deliver a global network that brings people, places and goods together.

Ten years have passed since northeastern Japan was devastated by the Great East Japan Earthquake. As soon as the earthquake struck, large numbers of SoftBank employees, centered on engineering personnel, and staff of affiliated companies entered the disaster zone to carry out recovery activities. As leader of that effort, I will never forget my frustration at how weak our recovery framework was. Since that time, we have worked tirelessly to expand our network area and make it more resilient. SoftBank will continue to build infrastructure that is strongly resistant to disasters and fortify our support measures in preparation for disasters.

Responding to global environmental issues is another important management issue for SoftBank. Since the signing of the Paris Accords in 2015, the importance of responding to climate change has risen tremendously, prompting many countries worldwide to adopt a united front. SoftBank has endorsed the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and is working hard to advance disclosure regarding climate change. While the government of Japan has declared its intention to make the country carbon-neutral, reducing overall emissions of greenhouse gases to zero, by 2050, SoftBank has set a more ambitious target.

Aiming to contribute to the achievement of a carbon-free society, SoftBank has issued the Declaration of Carbon-neutral 2030. This Declaration sets the Companyʼs sights on effective zero output of greenhouse gases by 2030, the international communityʼs target year for achieving the SDGs. To do so, SoftBank will switch to 100% use of effectively renewable energy while reducing energy consumption of its facilities and equipment by applying leading-edge technologies such as AI and IoT to maximum effect. We are also vigorously moving to contribute to achieving a zero-environmental-impact society through initiatives such as R&D toward the commercialization of next-generation batteries and the construction of next-generation communication systems such as HAPS.

By accelerating its implementation of the Beyond Carrier Strategy, SoftBank will contribute to the achievement of the SDGs and to solutions to issues in society, and to realize its management philosophy.

April 2021
President & CEO
SoftBank Corp.
Junichi Miyakawa