stc Saudi Arabia spends $4.8bln on local content

stc Saudi Arabia spends $4.8bln on local content



stc's spending on local content has increased to more than SR18 billion ($4.8 billion), the 2nd sustainability report by stc, a Saudi Arabia-based telecommunications operator, has revealed.






Even as Saudi Arabia aims to achieve sustainability and create a positive environmental impact, stc contributes to the digital transformation process in the kingdom sponsoring 292 projects that address environmental and social issues.




With stc adopting responsible best practices and raising standards in the communications and information technology sector and achieving the principle of sustainability, the report revealed its efforts to decrease water use by 40% from 509,768 cu m in 2019 to 303,789 cu m in 2020, in addition to reducing the total electricity consumption by 16%, gasoline by 18%, and the use of paper documents in procurement by 100%.




The report reinforces the organisation’s message that in all its functions and activities it is fully committed to managing the business in the most sustainable way possible.




stc has also been developing a ‘Sustainability Platform’ to ensure it builds on the successes of 2020 and aims to make sustainability more transparent and accessible while raising the profile of activities, services and community initiatives, along with raising awareness for critical issues.