Singapore, 27 March 2024 – Singtel today unveiled its environmental sustainability strategy, newly aligned with its evolved environmental ambitions and refreshed set of Science Based Targets initiative-validated (SBTi) targets and Net Zero target of 2045. The strategy is supported by new and expanded environmental programs including transitioning to renewable energy, electrifying its Singapore vehicle fleet, and reducing packaging and materials by offering electronic SIM cards (e-SIMs) to more customer segments.
This was announced at Singtel’s inaugural Singtel LEAD thought leadership forum held at Marina Bay Sands where Singtel engaged more than 400 customers, vendors and investors on climate best practices such as setting and validating SBTi targets, transforming organisational culture to embrace sustainability, enabling sustainable financing and engaging supply chains.
Singtel’s resolute commitment to achieving Net Zero emissions by 2045 is admirable and serves as a guiding light for other organizations in the region to not only to set aggressive targets, but also put in place an action plan to achieve it. The transition to renewable electricity and initiatives to tackle scope 3 emissions are some of the crucial steps towards achieving these targets. These initiatives have the added benefit of creating impetus within the value chain to drive large-scale decarbonization within the telecommunications sector.