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STL commits to net-zero emissions by 2030, strengthens sustainability focus

STL commits to net-zero emissions by 2030, strengthens sustainability focus

Mumbai, India

STL [NSE: STLTECH], an industry-leading integrator of digital networks, today announced its commitment to become a carbon-neutral company by 2030. As STL drives digital networks of the future, it is accelerating its efforts towards net-zero manufacturing and sustainable network build strategies.

Recently, at the COP26 Summit, nations discussed the importance of urgent climate action. They have committed to reducing emissions and limiting the average annual temperature rise to 1.5o. According to estimates, the Internet and supporting network components account for ~3.7% of global greenhouse emissions. As a global technology company, STL aims towards creating digital networks that are green and sustainable.

Keeping this in view, STL has outlined a roadmap to deliver on its commitment towards its sustainability and social goals and achieve UN SDGs:

  • Net-zero emissions in manufacturing facilities by 2030 – STL has been mitigating carbon emissions from its manufacturing plants and has set a goal for net-zero emissions by 2030
  • 100% plants ‘Zero Waste to Landfill’ certified by 2030 – STL is the first in the industry to get ‘Zero Waste to Landfill’ certification for its Indian manufacturing facilities. Recently, STL has achieved a landfill diversion rate of 99.97% for its Rakholi plant
  • 100% sustainable sourcing – Over the last few years, STL has been sourcing sustainable raw materials for packaging, transitioning to a green supply chain
  • Water positivity by 2030 – STL recycled over 1,41,000 m3 of water at its manufacturing facilities and harvested another 4,000+ m3 through rainwater harvesting structures. By 2030, it aims to become 100% water positive across all its manufacturing locations.

Relentlessly innovating towards eco-friendly product development, STL has conducted Life Cycle Assessments (LCA) for ten OF cable families and aims to cover 100% of its portfolio by 2030. Its Celesta cable reduces the overall plastic content while Aerial cables (ADSS) reduce the usage of harmful thermoplastic like Aramid yarns. Commenting on STL’s sustainability initiatives, Ankit Agarwal, MD, STL, said: “As STL continues to transform billions of lives through digital networks, mainstreaming climate control actions is at the core of our business practises. We have taken giant strides towards implementing our environmental impact programmes through zero waste to landfill, sustainable sourcing, water positivity and much more. We will continue to aggressively invest in becoming a carbon-neutral company through various energy efficiency initiatives.”

About STL – Sterlite Technologies Ltd:

STL is an industry-leading integrator of digital networks that helps telcos, cloud companies, citizen networks and large enterprises deliver enhanced experiences to their customers. Read more, Contact us.

A leading optical and digital solutions company.

STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. The company, driven by its purpose of ‘Transforming Billions of Lives by Connecting the World’, designs and manufactures in 4 continents with customers in more than 100 countries. Telecom operators, cloud companies, citizen networks, and large enterprises recognize and rely on STL for advanced capabilities in Optical Connectivity, Global Services, and Digital and Technology solutions to build ubiquitous and future-ready digital networks. STL’s business goals are driven by customer-centricity, R&D and sustainability. Championing sustainable manufacturing, the company has committed to achieve Net Zero emissions by 2030. With top talent from 30+ nationalities, STL has earned numerous ‘Great Place to Work’ awards and been voted as the ‘Best Organisation for Women’.

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For more information, contact:

Media Relations Investor Relations
Soumi Das Chetan Wani
Phone: +91 7028466673 Phone: +91 9712975633
soumi.das1@stl.tech investor@stl.tech