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Measuring our footprint

Giving a clearer and more complete picture of our social and environmental footprint in our Report, as also indicated at the Stakeholders’ Forum last October, is important to provide a better description of the impacts arising from our activities, as well as our endeavors, eventual short--comings and overall performance.

The selection and integration of meaningful performance indicators to facilitate better understanding and monitoring of progress achieved in respect to social impacts is an on-going process for the TITAN Group since 2003.

Each group of stakeholders that is either directly or indirectly influenced by TITAN activities has a different position in TITAN’s sphere of influence. Our employees and their families are at the core of this sphere, accordingly more issues related to their concerns, needs and expectations are more influenced by TITAN. The second layer includes suppliers and communities while in the third layer of this sphere customer and other business partners are placed. The fourth layer includes Society at Large, represented by governmental authorities and NGOs, academics, international and regional organizations, the media and future generations.