Founded in 1902, TITAN Group has expanded beyond its Greek roots to become an international, vertically integrated building materials company that is committed to serving society’s most fundamental needs, while contributing to sustainable growth with responsibility and integrity.
We report on our performance and activities based on our four geographic regions and separately on our major joint ventures in Brazil and Turkey.
We use our unique strengths, resources and relationships to create sustainable value at every stage of our operations. We focus not just on what we do, but also on how we do it, ensuring that we make a meaningful contribution to all our stakeholders.
in investments for the Group's future growth
to local and international suppliers
to employees for salaries, pensions and social benefits, including additional benefits beyond those provided by law
on environmental improvements
in taxes to national and local authorities
metric tons of cement supplied to customers along with many other products
payout to shareholders and minorities for 2016 results
in community projects
We apply rehabilitation practices and implement Biodiversity Management Plans at sites recognized as areas of high biodiversity value.
We crush, grind, heat, cool, mix and mold materials to produce cement, RMC and other building products, using best available techniques, in a safe and healthy environment.
We operate dedicated distribution terminals for our products across our regions, ensuring secure supply to our customers.
We work closely with partners and customers at a local level, sharing our know-how to enhance the value our business creates.
We take special actions and engage in collaborative projects to ensure that our business has a positive impact on society and the local communities close to our operations.
For us, engagement with stakeholders is an ongoing and inclusive process. It helps us build trust and improves our understanding of their diverse needs, expectations and concerns, empowering our collaboration.
In 2017, we extended our sustainability targets for 2020 and set new ones that reflect our ambition to be in line with global leaders of the industry on the environmental pillar and build on our distinctive approach to social engagement at a local level.
TITAN directly links its 2020 targets and priorities with the UN Sustainable Development Goals that have been identified by the materiality assessment process as the most relevant to the business. This is presented in the table below.
(kg/tProduct)*
(comp. to 1990** level)
(g/tClinker)
(comp. to 2003*** level)
(lt/tCement)
Active wholly owned sites with quarry rehabilitation plans Active wholly owned sites of biodiversity value with Biodiversity Management Plans
of the Group's total clinker capacity to be covered by an ISO 50001
Employees, contractors and third parties
of WBCSD/CSI members’ performance in Lost Time Injuries Frequency Rate (LTIFR) for employees