Investor Presentation 2021
Sustainability at stc
Investor Presentation 2021 | stc group
Our approach to sustainability involves maximizing economic value, creating positive environmental impact and supporting progressive social
development. By aligning our actions with the goals of the Saudi Vision 2030, we are helping to build a better future. We believe the steps we
have taken to date are already catalyzing digital transformation in KSA.
01 Doing business with integrity
■ One of the first companies in KSA to
implement corporate governance
throughout the management structure as
early as 2004
■ 300+ employees attended anticorruption
training and awareness sessions
Partnered with the World Economic
Forum - Partnering Against Corruption
Initiative (PACI) forum to adopt global
principles for countering corruption
04 Expanding access to
technology and connectivity
Recorded 62 mbps mobile
download speed in KSA by
December 2019
■ We have the largest
broadband network in KSA,
complemented by significant
fiber optic and 5G network
☐
02 Enhancing economic impacts
■ 50% of procurement spending
towards locally registered suppliers
■ SR 54,368 million in revenues (2019)-
the highest annual revenue since 2013
☐
Through Rawafed, provided support
to SMEs to the value of SAR 4 billion
in 2019, equal to one-third of total
support given to local suppliers
05 Advancing innovative digital
opportunities
Through InspireU, incubated 28
startups that support ICT/
digital innovation
First operator in KSA to launch
5G commercial services
06 Empowering people
2.1% turnover rate
Hiring of female employees
reached 528, starting from 0
in 2015
288,462 total hours of
employee training
03 Enriching lives and experiences
■ 100% of employees have completed
iGate training on issues regarding
privacy, data protection and
cybersecurity
■ One of the best complaints to
subscriber ratio in the world - 0.17%
by Dec 2019
■ SAR 2.5 billion in community
investments, through direct
contributions
07 Caring for the environment
■ 18% decrease in direct energy
consumption from buildings and
fleet
50% reduction in paper
consumption compared to 2018
■ Joined the global movement of
leading companies aligning their
business with the Paris
Agreement to reach net zero
emissions by no later than 2050
*For further details, please refer to the sustainability report at stc website or click here
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