GRI G3 Disclosure
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TITAN Reference
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Local Communities |
SO1 - Percentage of operations with implemented local community engagement, impact assessments, and development programs.
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SO9 - Operations with significant potential or actual negative impacts on local communities.
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SO10 - Prevention and mitigation measures implemented in operations with significant
potential or actual negative impacts on local communities.
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Corruption |
SO2 - Percentage and total number of business units analyzed for risks related to corruption.
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SO3 - Percentage of employees trained in organization’s anti-corruption policies and
procedures.
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- Following the update of TITAN Group’s Code of Conduct in May 2012, TITAN has invited all Business Units to develop relevant communication and training plans, in order to cover topics on human rights, anti-corruption and procedures
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SO4 - Actions taken in response to incidents of corruption.
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- No such incident has been recorded in 2011
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Public Policy |
SO5 - Public policy positions and participation in public policy development and lobbying.
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- CEO message
- About TITAN
- CSR highlights
- TITAN Group pledges
- TITAN Business Model
- Commitment to Stakeholder engagement
- Stakeholder engagement
- Continue to commit in collaborative action
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TITAN Group Standards
- Human rights and equal opportunities
- WBCSD/CSI Progress review
- Stakeholder engagement endeavors in Thessaloniki, Greece
- Certification with the SA8000, Albania
- Launching collaborative action for environmental education, Albania
- Stakeholder engagement and public consultation, Albania
- Partnering with awareness building for CSR, Albania
- Engaging with communities – Plant open day, Albania
- GAEA, Bulgaria
- GAEA, Bulgaria
- Solidarity between generations, Bulgaria
- Expansion of partnership with the IFC, F.Y.R. of Macedonia
- Company open day and communication day, F.Y.R. of Macedonia
- Stakeholder round tables, F.Y.R. of Macedonia
- First United Nations Forum on Business and Human Rights, F.Y.R. of Macedonia
- Expansion of partnership with the IFC, Kosovo
- Engaging with the community, Kosovo
- Expansion of partnership with the IFC, Serbia
- Presentation of 2011 Sustainability Report, Serbia
- A new member of Business Leaders Forum, Serbia
- Advisory Board, Serbia
- Engaging with employees, Egypt
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SO6 - Total value of financial and in-kind contributions to political parties, politicians,
and related institutions by country.
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- No such contributions were made. Contributions to political parties, politicians, and related institutions are not permitted according to the Code of Conduct of TITAN Group
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Anti-Competitive Behavior |
SO7 - Total number of legal actions for anticompetitive behavior, anti-trust, and monopoly practices and their outcomes.
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- In December 2012, the Company received a notification by the Kosovo Competition Authority calling the Company to appear in an oral hearing for alleged violations of the local Competition Law, in the form of an abuse of dominant position in the cement market in Kosovo. In January 2013, the Company filed with the Kosovo Competition Commission its written submissions and supporting documentation in response to the notification. The oral hearing has been scheduled for 27 February 2013. It should be noted that, in view of the extreme vagueness of the notification and the fact that the Kosovo Competition Commission refused the Company’s request to have access to the evidence in the case file, it is rather difficult to determine what are the anti-competitive practices or conduct allegedly applied by the Company
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Compliance |
SO8 - Monetary value of significant fines and total number of non-monetary sanctions for noncompliance with laws and regulations.
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- SharrCem was imposed a fine of €18.000 for non-compliance with regulations on safety at work
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