OUR FOCUS AREAS:

We will transform our business, focusing on resilience, innovation and on building solutions to serve our customers more efficiently as we move towards a carbon-neutral, digital world

  • we will reduce our CO2 emissions1 by 2030 as per the following targets validated by the Science Based Targets Initiative (SBTi):
    • Scope 1: -35% vs. 1990 level
    • Scope 2: -45% vs. 2020 level
  • we commit to drive down the CO2 footprint of our operations and products aspiring to deliver society with carbon-neutral concrete by 2050
  • we will monitor and independently verify our supply chain (Scope 3) emissions
  • we will increase our annual investment in Research & Innovation to €20m

ADDRESSING MATERIAL ISSUES:

  • Future ready business model in a carbon neutral world
  • Innovation with emphasis on digitalization and de-carbonization

CONTRIBUTING TO THE SDGS:

1 Scope 1: direct CO2 emissions; Scope 2: indirect CO2 emissions from electricity; Scope 3: indirect CO2 emissions of the supply chain

We will cultivate an inclusive culture with equal opportunities for all our people to grow professionally within a safe and healthy work environment

  • we strive for zero fatalities and for an employee LTIFR performance which consistently places us among the three best in our peer group1
  • we will implement initiatives addressing the physical, mental, social and financial dimensions of wellbeing for our employees, in all countries
  • we commit that 1/3 of our BoD members will be women
  • we will promote equal opportunities and inclusion and will grow by 20% the participation of women in senior roles, talent pools and new hires
  • we will offer upskilling and reskilling opportunities to 100% of our employees, especially in areas vital for sustainable growth, such as health and safety, digitalization, and decarbonization

ADDRESSING MATERIAL ISSUES:

  • Safe and healthy working environment
  • Diverse and inclusive workplace
  • Continuous development of our people

CONTRIBUTING TO THE SDGS:

1 Peer group definition: Cemex, LafargeHolcim, Argos, HeidelbergCement, CRH, Cementir, Vicat, Buzzi

We will enable our business operations and our people worldwide to contribute to the prosperity of our local communities with respect to their social and environmental concerns

  • we will sustain and further improve our strong performance in cement production-related specific dust, NOx and SOx emissions
  • we will have quarry rehabilitation plans at 100% of our sites1 and will rehabilitate 25% of the affected areas
  • we will have quarry biodiversity management plans at 100% of our sites1 in high biodiversity value areas
  • we will have community engagement plans that are aligned with material issues for stakeholders and UN SDGs 2030 at 100% of our key operations
  • we will ensure that 2/3 of our total spend are directed to local suppliers and communities

ADDRESSING MATERIAL ISSUES:

  • Environmental positive impact
  • Social positive impact
  • Economic positive impact

CONTRIBUTING TO THE SDGS:

1 Active wholly-owned sites

We will empower our business ecosystems to incorporate sustainability considerations in their business decisions and daily behaviors, while using natural resources responsibly

  • we commit to a water consumption of 280 lt/t Cementitious Products and to covering 70% of our water demand with recycled water
  • we will have 85% of our production1 covered by ISO 50001 or energy audits
  • we will have 50% of our production1 covered by “Zero Waste to Landfill” certification
  • we will ensure that 70% of our key suppliers2 meet TITAN ESG supplier standards

ADDRESSING MATERIAL ISSUES:

  • Resource efficiency, recycling and recovery, contributing to circular economy
  • Reliable and sustainable supply chain

CONTRIBUTING TO THE SDGS:

1 Production from our integrated clinker-cement plants

2 Key suppliers: critical suppliers according to GCCA Guidance for Sustainable Supply Chain management with a meaningful level of spend for TITAN