ST Telemedia Shares New Progress in Third Sustainability Report

As part of ST Telemedia’s (STT) commitment to transparency, we have released our Sustainability Report 2023. The report details STT’s sustainability performance and initiatives implemented in our own operations as well as across the Group throughout last year.  

“We live in times of increasing uncertainty and complexity. As part of our efforts to continually bolster resilience in a disruptive environment, we have taken further steps to strengthen our preparedness and ability to respond to material climate, social and governance issues in ST Telemedia as well as across our portfolio companies,” noted Stephen Miller, STT President & Group CEO. 

Some key STT highlights include: 

• Achieving BCA Green Mark Platinum Certification for STT’s renovated office

• Aligning our climate disclosures to the Task Force on Climate-Related Financial Disclosures (TCFD) Recommendations

• Continuing our outreach activities in the local community

• Introducing our Stewardship Guidelines to formalise our stewardship activities

• Integrating ESG KPIs into management’s long-term incentive plan

Apart from STT, portfolio companies StarHub, TeleChoice and STT GDC have also earlier released their 2023 sustainability reports. 

STT GDC has raised 2024’s largest digital infrastructure investment in Southeast Asia to date with the signing of definitive agreements with KKR and Singtel. The proceeds of the investment will be used to enhance STT GDC’s market position in existing countries of operation and expand its international digital infrastructure footprint.

U Mobile has signed multiple Memorandums of Understanding (MoU) to accelerate the rollout of Malaysia’s second 5G network. These include partnerships that leverage the infrastructure of multiple Network Facility Providers (NFPs) such as EDOTCO and eight state-backed NFPs, among others. Additionally, U Mobile has partnered TIME dotCom to utilise its fibre backhaul networks, and signed a MOU with AmBank, which will provide financing solutions to enable U Mobile to implement cost-effective and timely deployment of the network. U Mobile will also collaborate with ZTE and Huawei Malaysia to enhance its 5G network and evolve towards future technologies.

Further to its efforts to enhance Malaysia's digital landscape, U Mobile has also signed a MoU with STT GDC to enhance the efficiency of its data centres in Malaysia. The collaboration will see the telco leveraging 5G’s high-speed, low-latency connectivity to enhance the functionality of STT GDC’s data centres in the country.  

StarHub has clinched a spot in the inaugural FORTUNE Southeast Asia 500. The first-time list highlights the largest companies across industries in the dynamic and diverse region that have shown exceptional performance. Ranked by revenue for 2023, StarHub placed at the 184th position out of 500 companies.

StarHub and the National University of Singapore (NUS) have signed a memorandum of understanding (MOU) to build Singapore’s first borderless campus through the deployment of state-of-the-art digital infrastructure that leverages StarHub’s Enterprise 5G and multi-cloud solution, Cloud Infinity. The collaboration will bring multiple benefits to NUS students and staff including uninterrupted connectivity throughout Singapore, seamless and secure access wherever they are globally, and low-latency connections that support applications such as data analytics and AI, virtual labs and augmented reality simulations, thus fostering a mobile, sustainable and adaptable environment for borderless learning and innovation to take place.

Armor has unveiled its latest solution – the AI Readiness Accelerator – to fast-track the utilisation of artificial intelligence (AI). The solution – a partnership with Microsoft – is a strategic response to data governance challenges companies face in AI adoption. With its ability to manage, govern and secure sensitive data on a single platform, provide comprehensive data risk governance and enhance data loss prevention, companies will be able to gain greater control over their data estates and hence, securely adopt AI and Microsoft Copilot without compromising on data security.

In June, STT sponsored a digital media literacy workshop for 18 youths from Children Aid Society. Through fun and interactive activities, the youths delved into the world of fake news and AI-generated photos as they learnt how to critically evaluate online content and question the legitimacy of information. They also picked up skills on identifying phishing and scam attempts. The workshop marks the third that STT has organised for CAS, as part of our digital inclusion efforts.