by being an active member of society
TITAN Group participates regularly in CSR Europe projects for evaluation of non-financial performance.
Zlatna Panega Cement AD strives to use the set of tools of CSR Europe in integrating CSR into operational business practice as well as in dealing with the socio-economic and environmental challenges that it faces.
Focusing on material issues for our business and key stakeholders.
As the pressure on business, in general, is increasing, focusing on material issues becomes increasingly important when we elaborate a coherent and comprehensive strategy for sustainable development.
In 2015, following the sustainable development policy of TITAN Group, we evaluated the importance of all matters related to our business in terms of their impact on the company and their importance to our key stakeholders by conducting a materiality assessment.
Aligning our strategic goals and priorities with the UN Sustainable Development Goals (SDGs)
In September 2015 Bulgaria adopted the new UN Sustainable Development Goals (SDGs). The new agenda of the United Nations entitled "Transforming Our World: The 2030 Agenda for Sustainable Development", enables businesses globally to work on achieving sustainable development with care for all living beings on the planet, by taking into account the environmental side of the issue.
Our CSR Committee decided to comply with the UN Sustainable Development Goals when defining our future priorities and areas for further improvement. We believe that these goals offer us a unique opportunity to strengthen our partnerships for sustainable development, to deepen our engagement with our key stakeholders and increase the values we create at a local level.
In 2015, we began reassuring our strategic goals and priorities through conducting a materiality assessment, the evaluation of factors we deem significant, and structuring the identified material issues into four categories - financial, social and environmental. The next step was the alignment of the categorized material issues with the UN Sustainable Development Goals.