Tuesday 27 June 2017

2010 TITAN Group Overview

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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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TITAN among the 1,000 Global Sustainable Performance Leaders



TITAN ranked 278th, up 172 places from 2008, in the 2009 table of Global 1,000 Sustainable Performance Leaders.

The rankings are compiled by CRD Analytics, an international company, which creates indicators of performance for major stock market and financial organizations, in association with Justmeans. They research companies listed on stock exchanges and publish social reports on their performance using the GRI-GR3 indicators.

The companies meeting these criteria are ranked on the basis of their sustainable performance value in four areas: Economic, environmental, social and corporate governance. The whole list of Global 1,000 Sustainable Performance Leaders is available at: www.justmeans.com/top-global-1000-companies