Sustainable Development
“Sustainable development means adopting business strategies and activities that meet the needs of the enterprise and its stakeholders today while protecting, sustaining and enhancing the human and natural resources that will be needed in the future.”
World Commission on Environment and Development
Ιt’ s a pervasive philosophy which every participant in the economy either at global or national and local level (including lenders, customers, employees, suppliers, government and communities) must follow if we are to meet today’s needs without compromising the ability of future generations to meet their own.
TITAN Group Code of Procurement (published in 2008) sets out our standards for a responsible supply chain management. For new suppliers, this is implemented by a procedure communicating our expectations from the first contact a supplier has with TITAN. Existing suppliers are becoming aware of these expectations through meetings, workshops and contracts’ amendments curried out in 2008.
A new online guide launched for responsible supply chain management
TITAN, together with other leading international organisations, has launched a new online guide for companies wanting to implement environmental and social improvements in their supply chain.
The guide consolidates expertise gathered from thousands of supplier audits carried out by companies from varying industries and provides details on best practices, international standards and principles, as well as information on different subjects related to corporate social responsibility (CSR).
Ιt’ s an innovative tool for sharing and learning and we invite all to visit and comment it at:
www.csr-supplychain.org


