Group Policies

Our Human Rights policy establishes a framework for protecting and advancing human rights, both in our work and in our sphere of influence.

Respect for human rights is one of TITAN’s core values, as reflected in our Code of Conduct. Our policy is guided by the principles in the Universal Declaration of Human Rights, the International Covenant on Civil and Political Rights and the International Covenant on Economic, Social and Cultural Rights.

The policy aims to raise awareness on human rights issues and ensure the commitment of all TITAN employees to the protection of human rights throughout the Group.

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Protection of the confidentiality, integrity, and availability of information is imperative to TITAN Group’s business. Our Group Information Security policy aims to provide the main principles required to protect information assets from a wide range of threats based on the following broad principles:

1. Confidentiality: confirming that information is accessible only to those authorized and confirming that confidential or sensitive information is appropriately protected.
2. Integrity: safeguarding the accuracy and completeness of information and its associated information processing methods.
3. Availability: confirming that authorized users have access to information, and the associated assets or systems, on a timely basis and when required.

The policy is supported by a robust set of information security sub-policies, procedures and guidelines and applies to all employees of TITAN Group acting in different roles within the business functions as well as any suppliers accessing corporate information and information systems for business purposes.

Our Diversity, Equity and Inclusion (DE&I) Policy sets out TITAN Group’s principles, definitions, scope and approach to diversity and inclusion.

At TITAN, we recognize that achieving our aspirations for DE&I in the work we do and the way we work is an on-going process that requires awareness, action, responsibility and accountability from everyone in our business.

Depicting our commitment to creating an environment where all differences are valued and where everyone has the opportunity to flourish and experience a sense of belonging, the Policy applies to all employees of TITAN Group, while it is expected to also be applied by our partners and business associates.

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Our Corporate Social Responsibility (CSR) policy establishes a framework for pursuing our business goals in a socially responsible manner and contributing to the wellbeing of our employees and their families, the sustainability of the communities we work in, and society at large.

CSR is a core TITAN value, and our commitment to making a positive impact on the world around us goes beyond legal and regulatory compliance. Our policy also aims to add value to our business by promoting good business practices, enhancing our reputation, strengthening our license to operate and improving our competitiveness.

We aim to proactively and continuously improve in this area and adapt to an ever-changing business and social environment creating sustainable value for all. Essential to this is listening, engaging, communicating and building mutual trust with our stakeholders.

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Our Climate Change Policy underscores our resolute commitment to sustainability and our proactive stance in addressing the complexities of climate change. Aligned with global initiatives such as the COP21 Paris Agreement and the European Green Deal, we aim to achieve net-zero greenhouse gas emissions by 2050.

Our target setting through Science Based Targets initiative (SBTi) is based on a decarbonization trajectory aligned with the 1.5oC scenario.

Key pillars of our Policy include robust risk assessment processes to identify climate risks such as coastal flooding, drought, and extreme temperatures in alignment with Task Force on Climate-Related Financial Disclosures (TCFD) framework.

Our CO2 mitigation roadmap focuses on reducing emissions throughout our value chain, including clinker, cement, concrete, construction, and carbonation. By embedding climate considerations into our operations and fostering innovation, we strive to cultivate an environmentally responsible culture and drive sustainability across our entire value chain.

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We are strongly committed to conducting business with transparency, integrity, and accountability, within a safe and respectful working environment. All persons carrying out work for Titan Group are expected to uphold the highest standards of ethical and lawful business conduct, in accordance with Titan Group’s Values, Code of Conduct, internal Policies and all applicable laws.

We actively promote a strong speak-up culture. We encourage employees and any third party to report any whistleblowing concerns related to work incidents that may violate our Titan Group Code of Conduct and Policies, harm the reputation of Titan Group, or involve illegal or unethical conduct. Reports should be made in good faith and responsibly, using our secure and trustworthy reporting channels.

Read more about the Group Whistleblowing Policy and its Addendum, which supplements and constitutes an integral part of the Policy.

You may report your concerns here.

Our Anti-Bribery and Corruption policy aims to ensure compliance with the respective rules prohibiting bribery and corruption. The policy applies to all TITAN Group employees, representatives and agents, all of whom are expected to follow the highest standards of professional and personal conduct at all times.

Dealing with a range of issues related to bribery and corruption, our policy complies with all applicable laws and contains TITAN Group’s global standards.

TITAN complies with all applicable anti-bribery laws, including the US Foreign Corrupt Practices Act (FCPA), the UK Bribery Act (UKBA), and the local laws in every country in which we do business.

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Our Competition Law Compliance policy and guidelines aim to ensure compliance with competition laws in every country where we operate. The policy and guidelines place responsibility on all business units and entities controlled or managed by the TITAN Group, as well as every TITAN employee, to treat all customers and suppliers fairly, equally and openly.

The policy guides employees through the fundamental principles of competition law and helps identify solutions where relevant issues may arise. Additional to it, several guidelines are provided, which give an overview of key competition law provisions and indicate the types of conduct that might give rise to antitrust issues. TITAN employees are also required to obtain expert advice when faced with issues involving competition laws or when in doubt about compliance.

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Our Environmental Policy outlines the company’s commitment to sustainable practices and environmental stewardship.

Key highlights include a focus on circular economy practices to minimize waste and reduce air emissions, creating an environmentally responsible culture among employees and contractors, engaging with stakeholders for collaborative actions, and complying with strict governance and reporting obligations.

The policy emphasizes measures such as air emission control, noise management, land stewardship, water resource conservation, and soil protection. Additionally, the company prioritizes stakeholder engagement, and transparency in its environmental management approach.

The policy delineates the environmental accountabilities of all business units and entities under the TITAN Group’s purview, as well as the individual responsibilities of every TITAN employee.

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Our Procurement Policy establishes a framework for the fundamental principles governing procurement, which TITAN Group employees must follow and suppliers are expected to be aligned with, when engaged in procurement activities involving the Group.

Our key objective through the procurement of goods and services is to meet all the needs of our plants and operating units with a view to optimizing the cost, improving the competitiveness of TITAN Group, and enhancing our commitment of being a socially responsible, ethical and environmentally sensitive business organization.

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TITAN Group considers personal data as a core asset that needs to be safeguarded. Processing personal data according to the best global practices is an essential part of the TITAN Group strategies towards customers, employees and all other stakeholders.

The objectives of our Framework Policy for the Protection of Personal Data are:

1. To state the commitment of TITAN Group for the most effective personal data management, especially through the IT assets and activities.
2. To provide general guidelines for the data privacy issues related to the collection, use, processing, disclosure, monitoring, etc., of the personal data that TITAN Group processes.
3. To set the key requirements to be followed when processing personal data, keeping into account the provisions of the General Data Protection Regulation (GDPR) and respective national law.

Our Respect in the Workplace Group Policy outlines our commitment to cultivating a work environment free from harassment and any form of violence and underscores our dedication to creating a workplace where every person feels valued, respected, and safe.

The Policy establishes the principles and standards for recognizing, addressing, and combating harassment and any form of violence in any work-related context.

It applies to all individuals working in TITAN Group and to any other person being present at a TITAN Group workplace, including but not limited to customers, visitors and stakeholders.

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Our Conflict of Interest policy aims to ensure that all employees of Titan Group do business in a way that their business judgement and decision-making are not influenced by undue personal interest.

The policy applies to all employees worldwide. It stipulates TITAN Group’s global standards, principles and rules for preventing or addressing Conflict of Interest situations, in areas where these may more often occur and is aligned with all applicable laws.

Employees must act in the best interest of TITAN Group while performing their job for the company. Personal interests and relationships must not interfere, or appear to interfere, with the ability to make decisions in the best interest of the company.

Our Sanctions policy aims to ensure compliance with sanction laws in every jurisdiction where the TITAN Group operates.

Our international presence as a Group obliges us to comply with any sanctions imposed, administered or enforced by international organizations or relevant national authorities. Under such circumstances, the Group is expected to implement and maintain adequate systems and controls to ensure compliance.

Our policy includes a practical guide and a list of best practices on issues including when to carry out due diligence, screening associated parties, training, and audit trail and record keeping.

Our Health & Safety policy aims to achieve a healthy work environment free of incidents, injuries and accidents for all of our direct and indirect employees. It is aligned with all applicable laws and directives where TITAN is active.

At TITAN, Health and Safety is managed as an integrated system of goals with clear responsibilities and accountabilities. Our aim is to continuously improve and create an environment where every TITAN employee is responsible for their own and their colleagues’ safety. TITAN’s (Occupational) Health & Safety policy also includes sharing our know-how with stakeholders, suppliers, contractors and third parties to adopt similar health and safety policies.

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