Integrity and transparency are fundamental to stc's governance approach. We are committed to exceeding regional standards by upholding the highest practices in accountability and ethical conduct. Our dedication to responsible business, respect for human rights, and a culture of trust sets a benchmark for excellence in the telecom and ICT industries.
The stc Group Board oversees sustainability through the Sustainability Committee, which receives regular updates on the company's framework and KPIs. Chaired by the GCEO, the committee includes eight chief officers who guide ESG commitments, performance scorecards, and report to the Board, consolidating all initiatives under one body.
We continuously ensure our employees are well-trained and aware of essential policies, particularly those related to human rights. In 2023, we dedicated 151,559 hours to human rights-related training, reinforcing the importance of these policies within our company culture.
Responsible and local sourcing is an important aspect of our supply chain management and procurement process. We strive to maintain an ethical and sustainable supply chain to honour our sustainability commitments.
Supply Chain Policy
stc’s Responsible Supply Chain Policy emphasizes integrity, transparency, and fair employment practices, ensuring that all suppliers adhere to our Supplier Code of Conduct.
Supplier Screening and Monitoring
We conduct thorough supplier screening and monitoring to ensure compliance with our standards, with non-compliance potentially leading to disqualification or termination.
Local Procurement
We prioritize local procurement to support economic growth, job creation, and infrastructure development within the communities we operate.
Digital Procurement
Our procurement processes have transitioned to a fully digital, paperless system, improving efficiency and reducing our environmental footprint.
Maximizing Local Content
Aligned with KSA’s national agenda, we focus on maximizing local content to contribute to the nation’s economic development and technological advancement.