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Reading: STC Group Unveils Collaboration Agreements for the Sustainability Champions Program at FII8
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Saudi Arabia

STC Group Unveils Collaboration Agreements for the Sustainability Champions Program at FII8

Last updated: October 31, 2024 2:22 PM
2 Min Read
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STC Group, a leading digital enabler and strategic partner of FII8, has announced partnerships with three companies as part of the Sustainability Champions program during the 8th Edition of the Future Investment Initiative in Riyadh. At this event, themed “Infinite Horizons: Investing Today, Shaping Tomorrow,” STC Group reaffirmed its dedication to sustainability, connectivity, and technological advancement.

The companies joining the initiative are:

  • Alat: A Public Investment Fund (PIF) company dedicated to transforming global industries, particularly in electronics and manufacturing, by establishing a world-class manufacturing hub in Saudi Arabia. Alat leverages clean energy to promote sustainability, innovation, and industrial growth.
  • Dr. Sulaiman Al Habib Medical Group: The largest private healthcare provider in the Middle East, offering a comprehensive range of healthcare services, pharmacy operations, and technology solutions. The group operates over 2,000 beds across more than 25 medical facilities in Saudi Arabia and the United Arab Emirates.
  • Solutions by STC: A leader in information technology services in the Kingdom, providing a wide array of integrated technology solutions that enable digital transformation for public and private sectors. The company offers essential ICT services to help businesses effectively manage and scale their operations.

During FII8, Amit Midha (CEO of Alat), Faisal Al Nassar (CEO of Dr. Sulaiman Al Habib Medical Group), and Omer Alnomany (CEO of Solutions by STC) signed pledges to participate in the Sustainability Champions Program. This initiative aligns with FII’s goal to tackle critical global challenges through innovative thinking and sustainable development.

STC Group will assist the three companies in several ways, including:

  • Evaluating their current sustainability practices
  • Developing a roadmap for enhancing sustainability efforts

This program aims to facilitate knowledge transfer and partnerships to elevate sustainability practices within Saudi Arabia’s private sector.

STC Group has been recognized as one of the top-performing Saudi companies in corporate sustainability, alongside 19 other organizations across seven sectors, reflecting its ongoing commitment to sustainability in its operations.

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