The journey of sustainability undertaken by solutions by stc stems from an acknowledged necessity to foster sustainable expansion of businesses, generate value for all stakeholders, and yield lasting profits for investors. The organization is entering a fresh stage, aiming to enhance standardization and systematization, while aligning more closely with the Global Goals, national policies and frameworks, and widely-accepted ESG standards. The vision for this journey is for solutions by stc to emerge as a prominent ESG leader in the region by the year 2030.

A Commitment to sustainability

Lead the IT services industry towards a sustainable future by embedding ESG considerations into every aspect of our business, creating long-term value for all stakeholders and contribute to a better world for future generations.

Our contribution to the community

In line with Vision 2030's goal of strengthening the non-profit sector and promoting volunteerism as a means of driving development, solutions by stc is wholeheartedly dedicated to bolstering social sustainability and fostering community involvement in Saudi Arabia.

During 2022, solutions by stc has undertaken numerous corporate social responsibility initiatives to further the cause of social contribution and non-profit organizations spanning across the regions in which the Company operates.

Approach

Overall, commitment to sustainability is crucial for the health of our planet and the well-being of future generations. It requires a collective effort from individuals, businesses, and organizations to create a sustainable future. By adopting sustainable practices and promoting sustainability, we can protect the planet and ensure a brighter future for all.

To stay committed to sustainability at solutions by stc we have introduced practices that involves the Leadership as well as the people of this organization.

Systematising Sustainability

As a first step toward reinforcing management commitment to the Company’s sustainability efforts, and to enable fast and effective decision-making during the sustainability journey, solutions by stc has established a high-level Sustainability Committee. The Committee is chaired by the CEO, and includes heads of key business units. A charter that empowers the committee and delineates responsibilities has also been drafted. The Sustainability Committee will play a pivotal role in solutions by stc’s sustainability journey, helping to guide, prioritise, and validate sustainability efforts while ensuring business alignment and long-term impact.

Further, a holistic Sustainability Policy has been drafted to give high-level direction to solutions by stc’s Sustainability Journey. The policy sets out a clear way forward by defining plans for program implementation and social investment, while outlining clear roles and responsibilities including authority for approvals.

Social Investment and Volunteerism

Along with the Kingdom’s focus on digital transformation, Saudi Arabia’s Vision 2030 also endeavours to empower the non-profit sector and drive volunteerism as social responsibility channels for change and development.

In supporting this National vision, solutions by stc recognizes the catalyzing effect that concerted social investment can have in effecting positive change. The Company is committed to supporting worthwhile social initiatives and purpose-driven business and entrepreneurship projects, as part of efforts to mainstream and systematize sustainability aspects with the core business. Extending the Company’s digital solutions to the non-profit sector through volunteerism initiatives is another key element of aligning Sustainable Development with solutions by stc’s core business.

In this regard, solutions by stc has entered into a long-term partnership with Misk Foundation, a non-profit focused on empowering youth in the Kingdom, to support and enable emerging charities. solutions by stc is committed to share expertise and resources that will empower social initiatives. In the first phase of engagement, over 100 individuals have already registered to contribute their time and skills to these social efforts. Further volunteering efforts are planned in alignment with solutions by stc’s overarching Sustainability Themes, and the UN SDGs.

Themes and Stakeholders

Engaging with stakeholders

Recognizing the pivotal role they play, solutions by stc will endeavor to actively engage its stakeholders, understand and respond to their needs, and manage relationships to enable mutual benefit and success.

Internal stakeholders

External stakeholders

Stakeholders were analysed to measure their influencing power and potential impact on the business, including assessment of how their input creates value for solutions by stc, by driving business improvement and contributing to strategy development.

Alignment with Global Goals (UN SDGs)

Material topics reflect the needs and expectations of the Company’s stakeholders, and are in alignment with the Global Goals (UN SDGs) and Saudi Vision 2030.

Identification of these material topics serves as a lens to focus sustainability efforts and a yardstick to measure the Company’s sustainability performance in years to come.

Focus areas aligning to UN SDGs		Material topics	Relevance to solutions (scale of 1 to 5)
Stewarding the environment		Energy and climate change
		Water management
		Reducing electronic waste
		Opportunity in clean technology
Investing in Human Capital		Talent incubation: retention and development
		Employee engagement, wellbeing, and experience
		Inclusion and diversity
		Health & Safety
Leading with accountability		Economic performance
		Corporate governance
		Business ethics and transparency
		Supply chain/responsible procurement
Enhancing experiences		Digital innovation and transformation
		Data privacy and cybersecurity
		Client satisfaction and collaboration
Empowering society		Social investment for community development
		Digital inclusion
Building a culture of sustainability		Accelerate partnerships
		Inculcate sustainability culture