Directive 047: Waste Reporting Requirements for Oilfield Waste
THE IMPLEMENTATION OF NON FINANCIAL REPORTING DIRECTIVE
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THE IMPLEMENTATION OF NON FINANCIAL REPORTING DIRECTIVE TOWARDS MORE RESPONSIBLE BUSINESS Maria Alexiou, TITAN Group CSR Senior Manager
Transcript of THE IMPLEMENTATION OF NON FINANCIAL REPORTING DIRECTIVE
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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