Saudi Telecom Co 2024 Annual Report with Sustainability Disclosures
Company: Saudi Telecom Co
Sector: Technology & telecommunications
Country: Saudi Arabia
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 148
The report presents stc's 2024 performance as a year of strong group growth, with revenue of ₪ 75.89 billion and 19,863 Group employees. Sustainability oversight is managed by the Board of Directors through the Sustainability Committee, while the report describes climate targets of 50% Scope 1 and 2 reduction and 46.2% Scope 3 reduction by 2030 from a 2019 baseline. stc also maintains a net-zero emissions commitment across its value chain by 2050 and reports improved ESG ratings, including an MSCI upgrade to BBB.
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