Softbank issues sustainability bond for the first time To promote HAPS business and contribute to SDGs
Softbank has established a sustainability bond (unsecured straight corporate bond, HAPS bond) that limits the use of funds to the stratosphere communication platform (High Altitude Platform Station, HAPS) business that provides a stable communication network from the stratosphere to a wide area. Announced that it will be issued during 2021.
Unmanned aerial vehicle "Sunglider" developed by HAPS Mobile
The funds raised will be used for capital investment, research and development, and business operations related to HAPS. This is the first time SoftBank has issued a sustainability bond.
Softbank uses technologies such as 5G (5th generation mobile communication system), IoT, and AI (artificial intelligence) under the concept of "a world where all things, information, and hearts are connected" to contribute to the creation of a sustainable society. The company aims to contribute to solving social and environmental problems and improve corporate value by utilizing its solid business foundation.
To that end, SoftBank and its subsidiaries have identified six important issues (materiality) that they should focus on, and are focusing on efforts to achieve the SDGs.
Softbank needs all people equally through the development of a stable communication network as a response to "building a high-quality social network" and "connecting people and information to create new emotions" among the six materialities. The goal is to build an environment where information can be obtained by using various services.
This initiative promotes Goal 9 “Let's lay the foundation for industry and technological innovation” and Goal 10 “Let's eliminate inequality between people and countries” of the SDGs, and the HAPS business plays an important role in promoting this. It is said that.
HAPS operates unmanned aircraft such as aircraft that have flown into the stratosphere like a communication base station, enabling stable Internet connection to places and regions where communication networks are not established, such as mountainous areas, remote islands, and developing countries. It is said that it is possible to build an environment.
It does not require a dedicated antenna, and it will be possible to use LTE and 5G on existing smartphones and other terminals.