From Vision to Value: stc group's 2024 Sustainability Report Focuses on Creating Legacy Impact
The achievements show the group's continued evolution as a future-focused, responsible business delivering on its sustainability goals across its operations, outlined in three distinct pillars: Environmental Performance & Climate; Development of Human Capital Through Digital Innovation; and Strong Governance & Ethical Excellence.
Environmental Performance and Climate
stc group's 2024 environmental performance and climate initiatives were anchored around actions to reduce emissions, optimize energy use, and scale circularity programs. This included energy efficient technologies, AI-enabled systems, and smarter energy management, which supported operational efficiencies that resulted in;
• A reduction by 3.6% in Scope 1 emissions
• A reduction by 14.6% in Scope 3 emissions
• 9.8 % decrease in energy intensity
A continued priority for stc in 2024 was reducing waste, including e-waste, which accounts for a growing percentage of global waste annually. stc group's e-waste initiatives saw success in two scaled initiatives this year:
• The end-of-life asset recycling program, which recovers and processes outdated digital devices and network equipment, collected 4,236 tons of waste, with 48% reused and 40% recycled
• The trade-in program, which allows customers to exchange used digital devices for renewed ones, refurbished 52,818 devices at a 97% resale rate
Development of Human Capital through Digital Innovation
stc group continued to invest in people – within stc and across our communities – as part of its focus on building a future-ready, digitally empowered workforce. stc made significant strides in its human capital investments in 2024, including:
• stc Academy delivered 476,675 hours of training to over 33,000 participants, including stc group's employees who received an average of 22 hours each
• Continuing a balanced talent model, combining 90% nationalization in the Kingdom with representation from 61 nationalities across the group's broader operations
• Women continue to find opportunities to grow at stc, now comprising 15.8% of the stc workforce, holding 18 % of Board seats, and accounting for 31% of new hires
• stc group's SmartTruck Initiative, a mobile digital classroom, imparted digital skills to over 9000 elderly citizens in underserved communities, helping narrow the digital divide across the Kingdom
• An expanded fiber network system ensuring world-class connectivity for 3.6 million households in 2024
Strong Governance and Ethical Excellence
stc group continued to strengthen its governance frameworks, reinforcing a local-first approach alongside robust cybersecurity protocols. This commitment was demonstrated through several measures:
• 100% compliance with mandatory integrity training
• Directing 96% of procurement spending to local suppliers
• Zero data security breaches and zero incidents involving customers' personally identifiable information (PII)
The 2024 Report reinforces how sustainability is embedded in stc group's digital-first ethos. Beyond reducing environmental impact, the group is focused on building a society that trusts in its world-class connectivity for its reliability, its integrity, and its sustainable growth.
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