08/03/2024
TITAN endorses the Declaration for a European Industrial Deal
TITAN has endorsed the Antwerp Declaration calling for an EU Industrial Deal that will complement the EU Green Deal and will ensure the sustainable growth and competitiveness of the European economy.
The Declaration, an outcome of a European industry summit that was held in Antwerp, Belgium on 20 February 2024, has been signed by more than 630 businesses in 20 sectors. It emphasizes the industry's commitment to Europe's transformation and outlines the urgent need to enhance the continent’s competitiveness, resilience, and sustainability, through a collective approach among industry, governments, and citizens. A reinforced European industry will deliver the climate solutions that our society needs.
Among its key ten points, the Declaration emphasizes the necessity of a comprehensive action plan to elevate competitiveness as a strategic priority and foster conditions for a stronger business case in Europe. It also highlights the importance of ensuring a level playing field for EU industries by scrutinizing all policy instruments against unfair competition, including measures to prevent carbon leakage, both domestically and internationally. Additionally, the Declaration underscores the significance of prioritizing infrastructure development, including the integration and establishment of top-tier EU Energy, digital, Carbon Capture Utilization and Storage (CCUS), and materials recycling infrastructures.
TITAN is at the forefront of industrial decarbonization efforts, driving initiatives to reduce its CO2 footprint, offer new cementitious products and solutions, and adopt innovative technologies, such as the integration of new materials and carbon capture, all geared towards achieving net zero emissions. With over 100 decarbonization projects across its regions, TITAN is swiftly progressing towards this ambitious target. Find out more about the Antwerp Declaration for a European Industrial Deal here: https://antwerp-declaration.eu/
About TITAN Group
TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs over 5,000 people and operates in more than 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has a joint venture in Brazil. With a 120-year history, TITAN has always fostered a family- and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The company is listed on Euronext and the Athens Exchange. For more information, visit our website at www.titan-cement.com.