In a strategic move towards fostering a more sustainable and resilient future, TITAN Group (TITAN) joined the Industrial Transition Accelerator (ITA), an initiative launched during COP28, pledging to accelerate the decarbonisation of heavy industries on a large scale.
TITAN will collaborate with leading global players across various sectors to reshape the industrial landscape, promote climate-related innovation, and expedite progress toward achieving net-zero emissions.
Leonidas Canellopoulos, TITAN’s Chief Sustainability and Innovation Officer, emphasised: “By endorsing the ITA Participation Principles and uniting with like-minded pioneers across sectors, we are committed to a collective endeavour focused on action and delivery. Together, we can achieve remarkable cross-sectoral decarbonisation outcomes, leaving behind a legacy of responsible leadership that no one can accomplish alone. “
TITAN has made remarkable strides in decarbonisation, committed to science-based CO2 reduction targets in line with the 1.5°C scenario and aiming for net zero by 2050. The company has meticulously outlined a clear net zero roadmap, encompassing over 100 value-generating initiatives throughout its value chain. TITAN decarbonises its manufacturing processes by championing breakthrough innovation, such as leveraging carbon capture and hydrogen use and providing customers with more sustainable products and solutions. The goal is to increase its portfolio’s share of green products to surpass 60% by 2030.
In recognition of its leadership in corporate transparency and performance on climate change, TITAN has been awarded a top ‘A’ score by the environmental non-profit organisation CDP.
