Continuing the tradition of a socially responsi ble

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Unformatted text preview: p activities in line with the re­ quirements of the Global Reporting Initiative. Continuing the tradition of a socially responsi­ ble enterprise, TITAN acknowledged the need to take both corporate and collective action early. First steps in this journey were the voluntary commitment to the Global Compact Initiative in 2002 and the participation in the sectoral Sustainable Development Initiative (CSI) of the World Business Council of Sustainable Deve­ lopment in 2003. Today, the principles of corporate social respon­ sibility and sustainable development are incor­ porated in TITAN’s strategy and business pra­ ctices placing the utmost emphasis on safety at work, mitigating and reducing the impact of its operations on the environment, contribut­ ing to the well being of its employees and the neighboring local communities. In this context transparent communication and honest dia­ logue are essential to foster mutual trust and cooperation with all stakeholders and particu­ larly employees, local co...
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