- Climate change and increasing regulations to reduce GHG emissions
- Market conditions and cyclicality in the construction industry
- Political and economic uncertainty in operating markets
- Global systemic disruptions
- Talent management challenges
- Currency volatility
- Interest rate risks
- Liquidity and leverage risks
- Counterparty risks
- Health and safety risks
Titan Cement International S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Titan Cement International S.A. disclosed greenhouse gas emissions of 607.7 kgCO2/t cementitious product. By scope: Scope 1: 607.7 kgCO2/t cementitious product; Scope 2: 49.0 kgCO2/t cementitious product; Scope 3: 114.5 kgCO2/t cementitious product. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
607.7 kgCO2/t cementitious product
2023
Water Usage
222.7 l/t cementitious product
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 607.7 kgCO2/t cementitious product |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 49.0 kgCO2/t cementitious product |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 114.5 kgCO2/t cementitious product |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced specific net Scope 1 CO2 emissions from 619 kgCO2/t cementitious product in 2022 to 607.7 kgCO2/t cementitious product in 2023, an annual drop of 1.8%
- Increased alternative fuel thermal substitution rate to 19.6% in 2023 (from 17.5% in 2022)
- Reduced clinker-to-cement ratio from 78.4% in 2022 to 76.9% in 2023
- Six Group integrated cement plants achieved zero-waste certification, with five attaining Platinum rating
- Percentage of total waste diverted from landfills increased to 87.5% (from 84.8% in 2022)
- Reduced water consumption by 3.7% compared to 2022
- Increased use of recycled water to 71.0% of overall water consumption
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce net direct CO2 emissions to 550 kg per tonne of cementitious product by 2026
- Double sales of low-carbon products by 2026
- Achieve 70% of key suppliers meeting TITAN ESG supplier standards by 2025
- Achieve 100% of sites with quarry rehabilitation plans by 2025
- Rehabilitate 25% of affected areas by 2025
📅 Medium-term
- Reduce gross Scope 1, 2 and 3 GHG emissions by 25.1% per tonne of cementitious product sold by 2030
- Reduce gross Scope 1 GHG emissions by 22.8% per tonne of cementitious product by 2030
- Reduce Scope 2 GHG emissions by 58.1% per tonne of cementitious product by 2030
- Reduce absolute Scope 3 GHG emissions from the use of sold fossil fuels by 80.9% by 2030
- Increase female participation in senior roles, talent pools and new hires by 20% by 2025
🔭 Long-term
- Net-zero GHG emissions across the value chain by 2050
🌱 ESG Focus Areas
Decarbonization and digitalizationGrowth-enabling work environmentPositive local impactResponsible sourcingGood governance, transparency and business ethics