Since STL announced its Net-Zero ambition, the company has accomplished some significant milestones. 8 out of STL’s 11 global plants are now Zero Waste and 6 are Zero Liquid Discharge plants. STL has increased indigenous sustainable procurement in cable manufacturing from 55% in FY21 to 61% in FY22 and recycled over 1,45,000 m3 of water at its facilities.
Now with SBTi, STL will join a stellar group of ~4,500 companies globally to decarbonise at scale in a target-based manner. These targets will be published on the SBTi website following validation, triggering an iterative annual disclosure procedure. This will ensure an entirely new dimension of transparency to STL’s sustainability initiatives.