Morgan Stanley Capital Worldwide (MSCI), an funding analysis agency and a number one world Environmental, Social, and Governance (ESG) index supplier, has upgraded stc group from “BBB” in 2024 to “A” in 2025 in its newest ESG scores, marking a big leap for the main digital enabler from the 2024 rankings.
stc group is now among the many prime 31% of telecom corporations worldwide to obtain an “A” score, out of a complete of 62 telecom corporations ranked by MSCI. This rating displays the group’s constant progress in embedding sustainability, governance, and transparency throughout its operations.
Within the MSCI report, findings on stc group’s enhancements highlighted strengths in knowledge privateness and cybersecurity. This included a complete framework for exterior IT audits, sturdy emergency response protocols, and steady oversight on the highest ranges of the group’s digital infrastructure. The information safety strengths prolonged throughout stc’s provide chain and tailor-made coaching for workers and contractors.
Commenting on the rating, Olayan Alwetaid, stc group’s CEO remarked: “This improve displays stc group’s sustainable development and robust dedication to the best ESG requirements. It additionally acknowledges our main position and our optimistic contribution to advancing sustainability and transparency globally.”
It’s famous that the classification of the stc group within the MSCI index has witnessed fast will increase lately, because the group has been eager to reinforce its efforts associated to environmental safety, social accountability, knowledge safety, and privateness. That is via adopting the perfect native and worldwide requirements and practices, using sustainable applied sciences and progressive digital options, and empowering people and communities, together with adhering to the best requirements of integrity and transparency in all its practices.
stc group is a digital enabler, providing superior options and driving a job within the digitalization course of. The group supplies a complete suite of companies encompassing digital infrastructure, cloud computing, cybersecurity, Web of Issues (IoT), digital funds, digital media, and digital leisure. The group includes 13 subsidiaries throughout the Kingdom of Saudi Arabia, the Center East, North Africa, and Europe.
