In June 30, 2020, Titan Cement International S.A., received a rating of A (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment.
MSCI ESG Ratings, a provider of decision support tools and services for the global investment community, aim to measure a company’s resilience to long-term, financially relevant ESG risks and their ability to manage those risks relative to peers.
In May 2020, Titan Cement International S.A. received an ESG Risk Rating of 28.6 and was assessed by Sustainalytics to be at medium risk of experiencing material financial impacts from ESG factors. The score places us 13th out of 104 construction materials companies assessed by Sustainalytics.
Sustainalytics, a Morningstar company, is a leading ESG research, ratings and data firm. Its ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks.
For the first time in 2020, we responded to CDP climate change and water security questionnaires.
CDP, formerly Carbon Disclosure Project, is a non-profit organization that enables organizations to manage their environmental impacts. CDP runs the global environmental disclosure system and supports thousands of companies, cities, states and regions each year to measure and manage their risks and opportunities on climate change, water security and deforestation.