Recent developments
- Production started in the new cement plant in Albania.
- Partnership with International Finance Corporation (IFC, the Development Branch of World Bank) in Egypt.
- Acquisition of Sharr cement plant in Kosovo.
- New 20-year permits issued for quarry operations in Florida, U.S.A.
2010 CSR Highlights
Management & organizational developments
- Governance: Two internal Communities of Interest revisiting corporate values and Code of Conduct.
- Social and Environmental Risk assessment: New management tools under development; CSR and sustainability workshops in U.S.A, Bulgaria and Egypt.
- Group CSR vision and policy communicated in local languages.
- Group Liaison Delegates’ Network with representatives from all countries and local CSR Committees in operation.
Performance
- Safety: continuous improvement (no fatalities, decreasing LTIFR ), accident investigation, internal assessment and new contractors’ training programs.
- Environment: specification of 2015 targets per plant, performance monitoring and assessment, new programs for alternative fuels.
- Building trust with stakeholders:
- Local Stakeholder Forums in Elefsina and Kamari
- Open Stakeholder Event in Usje, F.YR.O.M.
- TITAN Usje CSR & Sustainability Report
- SRI Road shows
- ISO Standards application in Albania
Capacity building
- Stakeholder Engagement Workshop in Bulgaria
- Training and support of local CSR Committees
- Liaison Delegates’ Network sharing and learning meeting
- Internal Auditors’ development program
- Evolution of leadership capability through extensive assessments and focuced development initiatives
| Non-financial performance | 2010 | 2009 | 2008 |
|---|---|---|---|
| Direct employment | 6,161 | 5,903 | 6,504 |
| Average training man-hours per employee | 30 | 20,4 | 23,5 |
| Employee lost time injuries frequency rate | 2.33 | 2.64 | 3,42 |
| Direct CO2 emissions (kg/t product) | 697,7 | 672,6 | 684,3 |
| Environmental investments (€ million) | 27.1 | 20.0 | 26.6 |
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