19/12/2008
TITAN GROUP ACCOUNTABILITY
Titan was ranked first in the Accountability Rating Greece for 2008. It is the second consecutive year that the hundred businesses with the largest turnovers in Greece have been ranked in terms of the responsibility and transparency with which they conduct their activities.
Since 2004 Accountability Rating has been issued on the international level by Accountability, a not-for-profit organization, and published in Fortune magazine. Ratings are calculated for individual countries in co-operation with local experts and special consultants (the Institute for Social Innovation in Greece) and they are published for eight other countries.
Evaluation is carried out using a wide range of criteria and particularly :
- The strategy and practices employed by the company in the areas of corporate social responsibility and sustainable growth
- The company’s transparency, communication and commitment to stakeholders
- The impact of the company’s business activity on the market, society in general and the natural environment
Titan was ranked third in the 2007 ratings and the results for 2008 show an overall improvement in its performance by 10 percentage points – enough to secure first place in this year’s table.