Titan achieves top 'A' CDP score for climate leadership

For the second consecutive year, Titan has earned a place on the globally recognised 'A' List of the carbon disclosure non-profit organisation CDP in recognition of its leadership in corporate transparency and performance on climate change. Furthermore, the company has achieved an 'A' score for water security management. Titan is one of only three companies in its sector to attain top scores in both categories.

Quarry Products / February 8, 2024

By Guy Woodford

Titan's Kamari cement plant in Greece Pic: Titan

This consistent recognition at the highest level underscores Titan's commitment to driving sustainability, in line with its 2026 Green Growth strategy. The company, which is among the 346 companies worldwide across all sectors with an 'A' on climate out of over 21,000 assessed, remains at the forefront of decarbonisation and sustainability initiatives within the building materials industry, making significant contributions to the global pursuit of a net zero, nature-positive world.

Since 2020, Titan has reduced its CO2 emissions[1] by almost 10%. The year 2023 was marked by the launch of IFESTOS, the company's groundbreaking Carbon Capture project in Greece and the largest of its kind in Europe. The project will capture 1.9 million tonnes of CO2 annually.

The CDP scores add to other recent ratings, such as a consistent MSCI ESG Rating of "AA" for three consecutive years and Prime status in the ISS ESG corporate rating. Additionally, Titan has earned a Silver badge from EcoVadis and secured high rankings in assessments by S&P Global - being in the top 10% of the construction materials industry- and Moody's Analytics.

For more information on Titan's decarbonisation science-based targets and roadmap towards achieving net zero by 2050, visit: https://www.titan-cement.com/net-zero/

[1] Net specific CO2 emissions

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