Titan Cement
Titan Cement Company S.A., commonly referred to as Titan Cement, is a leading player in the global cement industry, headquartered in Greece (GR). Established in 1902, the company has expanded its operations across several regions, including Southeast Europe, the Eastern Mediterranean, and the United States. Titan Cement is renowned for its production of high-quality cement, concrete, and aggregates, with a strong emphasis on sustainability and innovation. The company has achieved significant milestones, including advancements in eco-friendly cement solutions that reduce carbon emissions. With a robust market position, Titan Cement is recognised for its commitment to quality and environmental stewardship, making it a preferred choice for construction projects worldwide. Its dedication to research and development further solidifies its reputation as a pioneer in the industry.
DitchCarbon Score
How does Titan Cement's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Titan Cement's score of 53 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Titan Cement's reported carbon emissions
In 2023, Titan Cement reported significant carbon emissions, with Scope 1 emissions totalling approximately 2,400,000,000 kg CO2e, Scope 2 emissions at about 300,000,000 kg CO2e, and Scope 3 emissions reaching around 498,500,000 kg CO2e in Greece. Globally, their emissions for the same year were approximately 10,500,000,000 kg CO2e for Scope 1, 800,000,000 kg CO2e for Scope 2, and about 1,871,400,000 kg CO2e for Scope 3. Titan Cement has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050, using 2020 as the base year. The company has established near-term targets to reduce gross Scope 1, 2, and 3 emissions by 25.1% per tonne of cementitious product sold by 2030. Specifically, they aim to cut Scope 1 emissions by 22.8% and Scope 2 emissions by 58.1% per tonne within the same timeframe. Additionally, Titan plans to reduce absolute Scope 3 emissions from the use of sold fossil fuels by 80.9% by 2030. Long-term, Titan Cement is committed to a 95.6% reduction in gross Scope 1, 2, and 3 emissions per tonne sold by 2050, alongside a 90% reduction in other absolute Scope 3 emissions. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's dedication to sustainable practices in the construction materials sector.
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Add to project| 2006 | 2007 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 9,300 | 0,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 0,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Titan Cement is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
