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Singtel first telco in Asia to renew SBTi-validated targets

Felicia Tan
Felicia Tan • 2 min read
Singtel first telco in Asia to renew SBTi-validated targets
Singtel is aiming to reduce its Scope 1 and 2 direct and indirect greenhouse gas emissions by 55% and to reduce its Scope 3 third-party emissions by 2030 by 40% with 2023 as the base year. Photo: Bloomberg
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Singapore Telecommunications (Singtel) has made more aggressive cuts to its greenhouse gas emissions through a set of more ambitious science-based targest aligned with the goals of the Paris Climate Agreement to limit global warming to 1.5 degrees Celsius.

Singtel, which is the first telco in Asia to have these targets validated by the Science Based Targets initiative (SBTi), is aiming to reduce its Scope 1 and 2 direct and indirect greenhouse gas emissions by 55% and to reduce its Scope 3 third-party emissions by 2030 by 40% with 2023 as the base year.

The SBTi Target Validation Team has also confirmed that the net-zero goal of 2045, which Singtel had brought forward from 2050 in July 2023, is closely aligned with SBTi’s most stringent criteria. Singtel is the only Asian telco with a net-zero target ahead of 2050.

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