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European Climate Pact
private sector

Titan Cement International

Overview

Location

Greece

Sector

Cement

Organisation type
Business

Company Information

Titan Cement Group is an international cement and building materials producer. It is publicly listed and headquartered Athens Greece. In 2021, the company reported a total of 5,358 employees and a revenue of 1.7 billion Euro.*

*Source

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Titan Cement International has a target to reduce intensity of scope 1 CO2e emissions 20% per metric ton of cementitious product by 2030 from a base year of 2020.
  • Titan Cement International has a target to reduce intensity of scope 2 CO2e emissions 42% per metric ton of cementitious product by 2030 from a base year of 2020.
  • Titan Cement International has a target to reduce intensity of scope 1 CO2e emissions 25% per metric ton of cementitious product by 2030 from a base year of 2020.
  • Titan Cement International has a target to reduce intensity of scope 2 CO2e emissions 45% per metric ton of cementitious product by 2030 from a base year of 2020

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy consumption
  • Have an initiative in place to drive GHG emissions reduction through non-energy industrial process emissions reductions
  • Have an initiative in place to drive GHG emissions reduction through waste reduction and materials circularity
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Water

Our actions – the Pathway

  • Publicly disclose data on water-related impact to investors through a public platform
  • Have board-level oversight of water issues
  • Integrate water-related issues into the company's financial planning
  • Integrate water-related issues into the company's long-term business objectives
  • Integrate water-related issues into the company's strategy to achieve long-term business objectives
  • Regularly monitor and measure key water security metrics at least for 75% of the company's facilities

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Titan Cement International have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022