Page 20 - SAMENA Trends - June-July 2025

FEATURED SAMENA TRENDS

From Vision to Value

stc Group’s 2024 Sustainability Report Focuses on Creating Legacy Impact

stc Group, a leading digital enabler, published its annual energy management, which supported operational efficiencies
Sustainability Report, showcasing progress across the group’s that resulted in;
environmental, social, and governance priorities from 2024. The • A reduction by 3.6% in Scope 1 emissions
achievements show the group’s continued evolution as a future- • A reduction by 14.6% in Scope 3 emissions
focused, responsible business delivering on its sustainability • 9.8 % decrease in energy intensity
goals across its operations, outlined in three distinct pillars: A continued priority for stc in 2024 was reducing waste, including
Environmental Performance & Climate; Development of Human e-waste, which accounts for a growing percentage of global waste
Capital Through Digital Innovation; and Strong Governance & annually. stc Group’s e-waste initiatives saw success in two scaled
Ethical Excellence. initiatives this year:
Environmental Performance and Climate • The end-of-life asset recycling program, which recovers and
stc Group’s 2024 environmental performance and climate processes outdated digital devices and network equipment,
initiatives were anchored around actions to reduce emissions, collected 4,236 tons of waste, with 48% reused and 40% recycled
optimize energy use, and scale circularity programs. This included • The trade-in program, which allows customers to exchange used
energy efficient technologies, AI-enabled systems, and smarter 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.

20 JUNE-JULY 2025