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TITAN Cement Group receives A- rating from CDP

Published by , Deputy Editor
World Cement,

TITAN Cement Group has been recognised by CDP as a global climate leader for its transparency and actions to mitigate climate change and transition to a net zero economy.

With an A- score, TITAN Cement Group ranks in the top 15% of publicly disclosing companies globally and is one of only five cement sector companies (out of 27) to achieve this level in 2021. Companies reaching the Leadership level represent best practice through their comprehensive disclosure of environmental data, thorough awareness of risks, demonstration of strong governance and management of those risks, as well as the implementation of market-leading best practices.

In 2021, TITAN Cement Group became one of the first cement companies worldwide to have its CO2 emissions reduction targets validated by the Science Based Targets initiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement. In addition, TITAN signed the ‘Business Ambition for 1.5°C’ Commitment, a global campaign led by the Science Based Targets initiative (SBTi) in partnership with the UN Global Compact and the We Mean Business coalition, committed to keeping global warming to 1.5°C and reaching net-zero emissions by 2050. By signing the Business Ambition for 1.5°C, TITAN also joined the United Nations Framework Convention on Climate Change (UNFCC) ‘Race to Zero’ global campaign, which encourages more companies, governments and financial and educational institutions to come together and act for a healthier planet with zero carbon emissions.

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European cement news