- Macroeconomic uncertainty, inflationary pressures, and foreign currency pressures.
- Structural market declines in Optus' Enterprise fixed business and weak consumer sentiment.
- Intense competition in Singapore's telecommunications market.
- Competition risks in all markets and business segments.
- Data protection and privacy risks.
- Climate change risks (physical, transitional, and market expectations).
- Partnership risks.
- Merger & Acquisition risks.
- Cybersecurity risks.
- Talent shortage, especially in technology.
Singapore Telecommunications Limited
Greenhouse gas emissions & sustainability report data
In its FY2024 reporting, Singapore Telecommunications Limited disclosed greenhouse gas emissions of 3.0M tCO2e/year. By scope: Scope 1: 409.1K tCO2e/year; Scope 3: 2.6M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
3.0M tCO2e/year
FY2024
Renewable Energy
9.3%
of total energy
Waste
60.5K kg/year
FY2024
📊 Emissions by Scope (FY2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 409.1K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.6M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| FY2024 | 3.0M tCO2e/year |
| 2023-04 to 2024-03 | 3.0M tCO2e/year |
| 2022-04 to 2023-03 | 4.0M tCO2e/year |
| 2020-04 to 2021-03 | 607.8K tCO2e/year |
| 2019-04 to 2020-03 | 590.3K tonnes CO2e/year |
| 2018-04 to 2019-03 | 582.7K tonnes CO2 equivalent (2019) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total GHG emissions by 30.8% to 2,962,121tCO2e compared to the previous year. Scope 1 and 2 absolute GHG emissions were 7.1% lower at 409,120tCO2e, and scope 3 emissions fell by 33.5% to 2,553,001tCO2e.
- Increased use of energy backed by renewable sources to 9.3% through solar PV systems and Energy Attribute Certificates.
- Launched Ultra WiFi6 modem with 95% recycled plastic casing and 100% recyclable packaging (Optus).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute scope 1 and 2 carbon emissions by 25% from 2015 baseline by 2025.
📅 Medium-term
- Reduce absolute scope 1 and 2 carbon emissions by 42% from 2015 baseline by 2030.
- Reduce scope 3 carbon emissions by 30% from 2015 baseline by 2030.
- 31% female employees in management by 2025.
- Training investment of S$90 million from 2021 to 2025.
🔭 Long-term
- Net-zero emissions by 2045.
🌱 ESG Focus Areas
Climate ChangePeople and Future of WorkCommunity ImpactSustainable Value Creation