Sustainability governance framework

Sustainability governance and risk

Sustainability governance framework

stc's sustainability governance framework embeds sustainability across the organization through clearly defined roles, responsibilities and escalation mechanisms at Board, executive and management levels. Oversight of sustainability strategy is approved by the Board, ensuring alignment with the stc group's strategic priorities, risk appetite and regulatory obligations.

Board

Directors of the Board

Chairman

  • Top-level oversight
  • Approved sustainability strategy
Sustainability Management Committee

Group CEO

7 C-Suite Members

GCEO

  • Reviews sustainability strategy, initiatives and report
  • Quarterly management of sustainability stewardship and performance
  • Helps stc adopt sustainability practices to achieve its sustainability ambitions
  • GCEO briefs Board Executive Committee on sustainability report launch
Climate Action Task Force

GCSO, Heads of Sustainability, Shared Services, Technology, Center3

GCSO

  • Reports to Sustainability Management Committee
  • Coordinates inputs (climate-related) and provides updates for the sustainability report
  • Supports business areas in implementing climate sustainability objectives and informing strategic decisions
  • Oversees climate targets and KPIs
Sustainability Department

Sustainability General Manager and team

Sustainability General Manager

  • Sets strategic sustainability direction and focus areas
  • Leads development of the sustainability report in alignment with stc's strategy
  • Provides strategic recommendations to the GCEO and Sustainability Management Committee
  • Supports business areas and stc group functions in implementing sustainability objectives
  • Coordinates and consolidates inputs for the sustainability report
  • Provides performance insight and implementation updates to inform strategic actions and disclosures to the Sustainability Management Committee
Climate Action Working Group

Climate representatives from each department

Sustainability GM

  • Reports to Climate Action Task Force
  • Coordinates climate action initiatives across departments
  • Tracks progress across defined climate action initiatives
  • Identifies opportunities for improvement in climate action practice
Sustainability Champions

13 representatives from each cluster and functional unit

Sustainability department

  • Report to Sustainability Department and to CAWG (monthly)
  • Integrate sustainability strategy and goals by delivering performance insight, implementation updates and operational data
  • Contribute case studies and reporting inputs, executes sustainability initiatives, monitors performance and collaborates with internal teams
  • Execute climate action initiatives
  • Maintain data related to emissions
  • Provide regular updates to working group
Composition Chair/lead Duties/authority level Direct reporting line Indirect reporting line

Sustainability Champions:
Catalysts for impact across operations

At stc, employee engagement is viewed as a vital driver for embedding sustainability into daily operations and achieving strategic goals. Building on past successes, stc Sustainability Champions continue to empower dedicated employees from each cluster and functional unit. These Champions, supported by their teams, go beyond their regular responsibilities to enable ongoing improvements in sustainability within their areas.

Sustainability Champions focus areas

Engagement

Champions connect staff with sustainability goals to boost performance and teamwork. The Champions are nominated by their chief executives according to certain criteria and are celebrated annually during our Champions Recognition Ceremony.

Awareness

The goal is to help employees grasp sustainability concepts, understand their significance at stc and incorporate sustainable practices into daily tasks.

Performance

Champions contribute to developing local sustainability action plans that help stc respond to public feedback while driving progress toward strategic targets.

Reporting

Champions support the accurate collection and management of sustainability data, ensuring transparency and consistency for internal use and external disclosures in the annual sustainability report.

Sustainability policies and position statements

stc has set in place a range of policies covering its operations, as well as stakeholder engagement, to enhance sustainability performance. These policies are regularly reviewed and updated, as approved by the GCEO, to ensure stc operations remain transparent, responsible and aligned with best practices. The following is a non-exhaustive list of stc policies that are publicly accessible online.

Environment

Social

Governance