Potential offtaker

Saudi Telecom Company

www.stc.com.sa

Estimated electricity consumption

N/A

Countries of production presence

N/A

Saudi Telecom Company (STC) is a leading telecommunications company in Saudi Arabia that operates in the Wireline Telecommunications sector. With a strong focus on innovation and customer satisfaction, STC has become a household name in the country, providing a wide range of services to both individuals and businesses.

As a responsible corporate citizen, STC is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented a number of initiatives to achieve this goal. One of the key areas of focus for STC is its energy consumption, and the company has implemented a number of energy efficiency measures to reduce its energy consumption and associated carbon emissions.

STC has also embraced renewable energy as a key part of its energy strategy. The company has invested in a number of renewable energy projects, including solar and wind power, to reduce its reliance on fossil fuels and to help decarbonise the energy sector. STC is also exploring new technologies such as energy storage and smart grids to further enhance its renewable energy capabilities.

In addition to its renewable energy investments, STC has also implemented a corporate power purchase agreement (PPA) to further support its decarbonisation efforts. The PPA allows STC to purchase renewable energy directly from a renewable energy provider, enabling the company to reduce its carbon footprint and support the development of renewable energy projects.

STC's commitment to decarbonisation and renewable energy is also reflected in its corporate energy strategy. The company has set a target to source 50% of its energy from renewable sources by 2025, and is working towards achieving this goal through a combination of renewable energy investments, energy efficiency measures, and corporate PPAs.

STC's commitment to decarbonisation and renewable energy is not only good for the environment, but also for the company's bottom line. By reducing its energy consumption and sourcing more of its energy from renewable sources, STC is able to reduce its energy costs and improve its financial performance.

In addition to its environmental initiatives, STC is also committed to corporate social responsibility and community development. The company has implemented a number of initiatives to support local communities, including education and training programs, health and wellness initiatives, and environmental conservation projects.

Overall, STC is a leading telecommunications company in Saudi Arabia that is committed to decarbonisation, renewable energy, and corporate social responsibility. Through its ambitious environmental targets, renewable energy investments, and corporate PPAs, STC is leading the way in the transition to a more sustainable energy future.