Singapore, 25 January 2021 – StarHub, a leading homegrown info-communications and entertainment service provider in Singapore, today received honour for being Asia’s most sustainable telecommunications company and achieving 80th position globally in the latest 2021 Corporate Knights Global 100.
StarHub’s sustainability strategy and performance were recognised earlier today during the World Economic Forum in Davos, Switzerland by Toronto-based media and investment research company Corporate Knights, which rigorously evaluated more than 8,000 large corporations to rank the top 100 most sustainable corporations.
The Global 100 shortlists large corporations across the globe on 24 key performance indicators, including Resource Management, Greenhouse Gas Management, Board Gender Diversity, Clean Revenue and Investment, and Supplier Performance. In spite of the more extensive assessment matrices, StarHub was favourably recognised for its significant progress in Clean Revenue and Investment disclosures, as well as its efforts in promoting racial diversity among the board and the senior executive team. For full rankings and other details, please see www.global100.org.
“We are both delighted and humbled to be counted among the top 1% globally in what is widely considered as the gold standard in data-driven corporate sustainability analysis. Our unwavering dedication to sustainable practices drives us to formulate strategies and initiatives that maintain a harmonious balance between our economic, social and environmental imperatives. This is truly an honour, and it will encourage us to continue doing what is right for our stakeholders, investors, customers and the community in which we operate,” said Ms Veronica Lai, Chief Corporate Officer, StarHub.
Sustainability is an integral part of StarHub’s strategy and operations. The company has since implemented many sustainable and green practices across the business. These include tackling electronic waste (e-waste), reducing energy and water consumption, encouraging people to skip the use of bags, and promoting actions to address climate change, while delivering world-class communications, entertainment and digital solutions. StarHub is a signatory to the United Nations Global Compact and is committed to aligning its operations and strategies with the 10 principles of the UN Global Compact while taking actions to support the achievement of the Sustainable Development Goals.
As a testament to its ongoing efforts in sustainability, StarHub has received numerous accolades and awards. StarHub was awarded an A- leadership score in CDP Climate Change 2020 for implementing current best practices in climate stewardship and governance. In addition, StarHub was named Sustainable Business winner at Singapore Apex Corporate Sustainability Awards 2020, a recognition it also received in 2018 and 2016.
Other significant achievements secured by StarHub include its 9th ranking out of 704 SGX-listed companies on the inaugural Singapore Board Diversity Index 2020 and 38th ranking out of 577 companies on the Singapore Governance and Transparency Index 2020.
In terms of community action and support, StarHub in 2020 received a duo of Gold awards from the Community Chest for its generous donations and strong support in the fight against COVID-19. StarHub raised and has since disbursed over $1 million across a series of voluntary community projects, to help lessen the impact of the pandemic on healthcare workers, lower-income families and seniors, students and migrant workers.