STL Partners unveils updated Sustainability Scorecard featuring new criteria and companies: Assessing telecoms & adjacent sectors, promoting cross-industry collaboration, and addressing scope 3 emissions challenges.
LONDON, ENGLAND, March 22, 2023 /24-7PressRelease/ — STL Partners, a leading research and consulting firm in the telecoms industry and adjacent markets, has released the latest update to its Sustainability Scorecard. The scorecard provides an independent assessment of the sustainability performance of a selection of companies, including telcos and companies in adjacent industries including tech companies, infrastructure players and streaming companies.
The 2023 update includes 10 new companies, including vendors, and a new criteria for cross-industry collaboration. The scorecard now assesses whether companies are working collaboratively with peers to drive pan-industry change and address the scope 3 emissions challenge.
“We added an additional criteria for assessing the sustainability maturity of different companies. We wanted to emphasise the importance of the industry working together to find common solutions to tackle the challenge of sustainability.” said Grace Donnelly, STL Partners Sustainability Practice lead.
The scorecard benchmarks the performance of companies against eight sustainability-related criteria, including holistic sustainability reporting, sustainability commitments and incentives, public reporting on scope 1, 2 and 3 emissions, green finance, commitment and progress against diversity and inclusion targets, commitment to biodiversity, enablement and collaboration
The scorecard is designed to support telcos and their partners to benchmark their sustainability performance against competitors, identify areas of relative strength, and identify specific actions they can take to embed sustainability more effectively across their organisations.
STL Partners’ Sustainability practice is committed to sharing best practice, insights and supporting rationale for the industry to accelerate its transition towards a more sustainable future. The practice provides off the shelf research and bespoke consulting engagements to support the industry’s sustainability agenda.
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