Singapore Telecommunications Ltd 2024 AR2
The report outlines Singtel's strategic reset and its new growth plan, Singtel28, which focuses on lifting business performance and smart capital management. In FY2024, the company achieved a 10% increase in underlying net profit to S$2.26 billion, driven by higher contributions from regional associates and capital recycling efforts. On the sustainability front, Singtel brought forward its net-zero emissions target to 2045 and renewed its science-based targets with the SBTi, aiming for a 55% reduction in Scope 1 and 2 emissions by 2030. Additionally, the company invested S$20.2 million in staff training and raised over S$57 million for the Singtel Touching Lives Fund since 2002.
Company: Singapore Telecommunications Ltd
Sector: Technology & telecommunications
Country: Singapore
Year: 2024
Type: AR2
Pages: 293
Singapore Telecommunications Ltd
The report outlines Singtel's strategic reset and its new growth plan, Singtel28, which focuses on lifting business performance and smart capital management. In FY2024, the company achieved a 10% increase in underlying net profit to S$2.26 billion, driven by higher contributions from regional associates and capital recycling efforts. On the sustainability front, Singtel brought forward its net-zero emissions target to 2045 and renewed its science-based targets with the SBTi, aiming for a 55% reduction in Scope 1 and 2 emissions by 2030. Additionally, the company invested S$20.2 million in staff training and raised over S$57 million for the Singtel Touching Lives Fund since 2002.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Renewable Energy
Women on Board
Women in Management
Net Zero Target