Sustainability at stc

Sustainability lies at the heart of stc’s mission and strategy, underpinning its role as a digital and telecommunications leader. stc demonstrates a steadfast commitment to environmental stewardship, human capital development and robust governance. By embedding sustainability into its core operations, stc delivers on its vision to empower society and foster economic growth within Saudi Arabia and beyond.

Through proactive engagement with current and emerging sustainability challenges, stc positions itself as an innovative and dependable partner, equipped to meet the evolving needs of its customers, workforce and communities. Its dedication to sustainable practices not only enhances operational resilience, but also drives long-term value creation, shaping a future where businesses, individuals and the planet flourish in harmony.

Sustainability governance model
Governance
Board of Directors
Sustainability management committee
  • Chaired by GCEO
  • Reviews and approves strategic sustainability framework and initiatives in line with stc’s commitments
  • Quarterly manages stewardship on sustainability performance
  • Helps stc adopt sustainability practices to achieve stc’s sustainability ambitions
Sustainability general manager
  • Sets strategic sustainability direction and focus areas
CoE
Sustainability general department team
  • Supports business areas and Group functions in implementing stc’s sustainability ambition
Operational
Sustainability champions
  • Assists integration of strategy and goals by supporting the sustainability team
  • Implements strategies, tracks performance and engages with teams

stc’s sustainability governance model is fully aligned with its DARE 2.0 strategy, seamlessly integrating sustainability into business operations and long-term strategic planning. Oversight of sustainability performance is managed by the Board of Directors through the Sustainability Committee, which receives regular updates on key metrics.

Chaired by the GCEO, the Sustainability Committee consolidates initiatives across business segments, ensuring alignment and effective implementation of sustainability objectives. This governance structure enables informed decision-making, optimized performance and meaningful progress toward stc’s sustainability goals.

stc’s governance practices are further strengthened through ethical audits, supplier due diligence and the implementation of ISO 20400 for responsible procurement. In alignment with Saudi Vision 2030 and global sustainability frameworks, stc continues to advance key initiatives such as child safety policies, cybersecurity enhancements and comprehensive employee training programs, including those addressing data security and privacy risks for all employees and contractors.

Through continuous improvement, stc remains committed to fostering long-term value creation and maintaining its leadership in governance. By embedding sustainability and ethical excellence into its mission, stc drives positive impact for its stakeholders, communities and society at large.

Our Alignment with SDGs

Environmental stewardship at stc

As a responsible digital and telecommunications leader, stc is committed to environmental stewardship by adopting sustainable technologies, conserving natural resources and driving positive ecological impact. In alignment with Saudi Vision 2030 and the Saudi Green Initiative (SGI), stc is advancing its transition toward a low-carbon economy, with a clear objective of achieving net zero emissions by 2050. Its climate strategy, designed to guide all functional units and subsidiaries, reflects ambitious goals that support the shared mission of sustainable growth.

stc remains dedicated to its pledge to plant one million trees by 2030, contributing to SGI while promoting education and training in environmental performance, with benchmarking as a cornerstone of its efforts. stc is also scaling its sustainability initiatives with new solar pilot projects, integrating solar energy into various infrastructure, helping to reduce emissions across its operations.

Additional efforts include enhanced water conservation measures, optimized recycling programs in collaboration with vendors and suppliers, and strengthening the take-back program. Through these initiatives, stc continues to lead in sustainable practices, empowering customers and communities to reduce their environmental footprint and embrace sustainable innovation.

stc is committed to achieving net zero emissions across its entire value chain by 2050. This commitment is embedded in stc-wide climate change roadmap, which is aligned with the frameworks of the Task Force for Climate-related Financial Disclosures (TCFD) and the Science-Based Targets initiative (SBTi) to ensure accurate measurement and tracking of carbon reductions. Furthermore, the climate change roadmap highlights the pillars and key programs for achieving its environmental objectives and paves the way towards realizing its near-term targets of reducing stc’s absolute Scope 1 and 2 emissions by 50% and Scope 3 emissions by 46.2% before 2030.

Targets and commitments

50%

reduction in Scope 1 and 2
(from 2019 baseline)

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2030

46.2%

reduction in Scope 3
(from 2019 baseline)

assets/img/target_icon1.svg
2030
Near-term goals by 2030 set in line
with Science-Based Targets

1 million

trees

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2030

Net zero

carbon

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2050

Development of human capital through technological innovation

stc continued to advance human capital development by empowering individuals and communities through inclusive practices, diversity initiatives and strategic social investment programs. By leveraging technological innovation, stc fosters growth, bridges societal divides and cultivates a culture of well-being and belonging, ensuring its efforts drive meaningful and lasting impact.

Contributing to a thriving society

stc is dedicated to maximizing positive value for local communities through flagship programs. Collaboration is central to this mission, with strategic partnerships enabling stc to address society’s pressing challenges and unlock new opportunities. stc community engagement efforts aim to enhance the capacity and success of the third sector, supporting initiatives that drive sustainable community progress.

These efforts are bolstered by comprehensive employee development programs, a strong focus on health and safety, and initiatives aimed at reducing the gender gap. stc’s commitment to transparency is reflected in its disclosures, which highlight stc’s dedication to fostering a diverse, inclusive and supportive work environment, driving meaningful social impact across the Gulf and MENA regions.

Robust governance and ethical excellence

stc remains committed to upholding the highest standards of governance, integrity, transparency and accountability. By embedding responsible business practices, safeguarding human rights and fostering a culture of trust, stc continues to set a benchmark for ethical conduct in the telecom and ICT industry.

In 2024, stc made significant progress in its ESG performance, delivering on the updated strategy approved in December 2023, particularly in governance. Key achievements included a collaboration with the Saudi Human Rights Commission to publish the stc Human Rights Policy and the completion of a Grouplevel ethics audit, which identified opportunities for further enhancements. stc also strengthened its disclosures by publishing a detailed Incident Response Plan and Proxy Form. Notably, its efforts in labor management were recognized by MSCI ESG ratings, positioning stc as a leader among its peers, driven by its commitment to educational support and skills development programs for employees.

Overall, 2024 was marked by meaningful advancements in stc’s ESG initiatives, contributing to improved ratings and industry recognition.

2024 ESG ratings:

Benchmark MSCI S&P CSA Sustainalytics ISS ESG CDP
Scale
(highest to lowest)
AAA to CCC 100 to 1 1 to 100 A+ to D- A to D-
Ratings BBB
(↑ BB in 2023)
53/100
(↑ 44 in 2023)
20.4
(↓ 21.1 in 2023)
C+ Prime
(↑ C- Not Prime in 2023)
stc was one of the first organizations in KSA to submit to the CDP since 2019.

Sustainability awards and recognitions

stc achieved distinguished awards that underscore its leadership in innovation, social responsibility and sustainable practices.

For more information:
stc’s annual sustainability reports outline its detailed sustainability performance for the year and initiatives that are underway across stc

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