Welcome to the 2010 ΤΙΤΑΝ Group Corporate Social Responsibility and Sustainability Report (otherwise “CSR and Sustainability Report” or “Report”), which offers a brief overview of our policies, challenges and performance between January 1st, 2010 and December 31st, 2010.
This is the 8th Report that has been issued by the TITAN Group and covers social and environmental performance for all its subsidiaries and operations. This Report serves to complement the TITAN Group 2010 Annual Report and Financial Results; accordingly, the contents of these two reports are presented together on page 4.
In preparing this Report we adopted the “best practice” standards and the following international guidelines:
- Guidelines for Progress Reporting set by the U.N. Global Compact, Communication on Progress (CoP)
- Industry protocols for measurement and public reporting for the Cement Sustainability Initiative (CSI) issued by the World Business Council for Sustainable Development (WBCSD), and
- Global Reporting Initiative (GRI) G3, 2006
- TITAN is seeking to adopt the general principles of ISO 26000 and current management systems reflect this endevor.
In response to the need of our stakeholders to obtain a deeper understanding of the impacts and the added value created by TITAN Group operations, all cases and examples of practices related to our social and environmental footrpints are presented by region in this Report. In this way it becomes obvious that embedding corporate social responsbility is an on-going process for all TITAN operations.
The contents of this Report are related to the outcomes of internal assessment and feedback received from stakeholders focusing on issues that have been identified as most significant and relevant to TITAN business and its stakeholders. This Report is declared as A+ for GRI (G3) Assurance level and as “Advanced” level Communication on Progress according to U.N. GLobal Compact criteria.
The Auditor’s Report provides a statement for these achievements while the electronic version of the Report provides additional information on the Auditors’ conclusions and recommendations, in particular regarding TITAN’s participation and reportimg against the CSI and Global Compact initiatives
