Singtel — Ethics Grade B-
Singtel receives an overall ethics grade of B- (64/100) on CancelCo's corporate accountability database. Sector: Telecommunications. Market cap: Large Cap.
Category scores
- labor: 60
- privacy: 40
- consumer: 55
- environment: 75
- humanRights: 70
Documented incidents (3)
- Optus Massive Data Breach (high, 2022) — Subsidiary Optus suffered one of Australia's largest data breaches, exposing the personal information of nearly 10 million customers, including passport and driver's license numbers.
- Workforce Reductions (medium, 2023) — The company faced criticism for significant layoffs within its Australian and Singaporean segments while simultaneously reporting healthy dividends for shareholders.
- Misleading Advertising Fine (medium, 2021) — Optus was fined for misleading customers about internet speeds on its NBN plans, failing to deliver the performance levels it heavily advertised.
Documented good deeds
- Net Zero Targets — Accelerated its net-zero emissions target from 2050 to 2045, including Scope 3 solar energy investments.
Ethical alternatives
- StarHub Ltd — Generally maintains better consumer transparency and has avoided large-scale jurisdictional data breaches.