THE IMPLEMENTATION OF NON FINANCIAL REPORTING DIRECTIVE

TOWARDS MORE

RESPONSIBLE BUSINESS

Maria Alexiou,

TITAN Group CSR Senior Manager

Brazil

•EMPLOYEES

5482

•YEARS OF BUSINESS EXPERIENCE

114

•10 COUNTRIES

•4 CONTINENTS

•25 MARKETS

6 values

ABOUT TITAN

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• Embed SUSTAINABILITY in the organization

“GO DEEP”

• Drive SUSTAINABILITY across the value chain

“GO WIDE”

• Balance long-term and short-term interests

“GO LONG”

• Adapt policies and practices to local market priorities and realities

“GO LOCAL”

ABOUT TITAN

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1983

1st Social Report (by

TITAN Cement S.A.)

2003

1st CSR & Sustainability

Report (by TITAN Group)

2012

1st Integrated Annual Report

(by TITAN Group)

2016

1st BOD & IAR in compliance with the EU Directive on

non-financial performance

ABOUT TITANFOCUSED ON SUSTAINABLE GROWTH AND TRANSPARENCY

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ABOUT TITANFIRST MATERIALITY ASSESSMENT OUTCOMES (2007-2010)

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Source: Det Norske Veritas AS. All rights reserved, 13 January 2011

1. Support and respect the protection of internationally proclaimed human rights within your sphere of influence

2. Make sure that you are not complicit in human rights abuses

3. Uphold the freedom of association and the effective recognition of the right to collective bargaining

4. Uphold the elimination of all forms of forced and compulsory labour

5. Uphold the effective abolition of child labour

6. Eliminate discrimination in respect of employment and occupation

7. Support a precautionary approach to environmental challenges

8. Undertake initiatives to promote greater environmental responsibility

9. Encourage the development and diffusion of environmentally friendly technologies

10. Work against all forms of corruption, including extortion and bribery

People

TITAN Group

HUMAN

RIGHTS POLICY

TITAN Group

ANTI

CORRUPTION

POLICY

Reported at “advanced level”

TITAN Group

ENVIRONMENT

POLICY

STATUS OF TITAN GROUP NON FINANCIAL REPORTING

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Externally verified annually

The Company Charter of the Cement Sustainability Initiative

CO2 and climate protection Emissions reductions

Responsible use of fuels and raw materials Local impacts on land and communities

Water Employee health and safety

Externally verified annually

Annually by TITAN Every 3 – 4 years by CSI

STATUS OF TITAN GROUP NON FINANCIAL REPORTING

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ISSUE CORE SDGs COMPLEMENTARY

SDGs

Financial liquidity and access to funding

Environmental management

Climate change

Circular economy

Health and safety

People management and development

Sustainability of communities

Governance, transparency and ethics

Social and political risks and instability

LOOKING AHEAD : ALIGNING MATERIAL ISSUES (2015-2016) WITH SDGs 2030

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10.000 partnerships for quality internships and access to entry level jobs

100.000 new opportunities for quality apprentices, train ships and internships

28 national action plan

TITAN Group: An initiator of the P4Y

TITAN Group:15 years of collaborative action

LOOKING AHEAD : BUILDING PARTNERSHIPS FOR THE GOALS

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Raw materials

SuppliersInbound logistics

Company operations

DistributionProduct

useProduct end life

Improve HSE standards

Climate action

Rationalized consumption and production

Improve energy efficiency, waste recovery

Increasing positive impact

Minimizing negative impact

Provide skills and competences (education & vocational training)

Waste management

Governance standards

LOOKING AHEAD : DRIVING SUSTAINABILITY ACROSS THE VALUE CHAIN

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o NF Reporting Directive is a significant step forward

o Companies should be able to understand and build on the added value created through NF Reporting

o Clarification of “what” and “how” is necessary – The level of maturity of stakeholders and particularly regulators in local markets does not guarantee compliance with the “spirit” of the Directive

o The numerous “reporting standards and frameworks” (more than 380 recorded in 2015) along with other reporting requirements (financial and governance issues) creates confusion, more bureaucracy, extra costs and “new barriers” in transparency and integrity

KEY OBSERVATIONS

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