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Titan Cement International SA

ISIN: BE0974338700 | Belgium | Europe
Score 2 - Moderate
Full assessment

Titan Cement International SA has established certain mechanisms to align its climate-related engagement activities, reporting that "Group positions are discussed, aligned, and approved at the Group level through our Sustainability Working Group and ExCom Sustainability Committee" and by making a public pledge through the "Business Ambition for 1.5°C Commitment" in support of the Paris Agreement. The company demonstrates indirect lobbying oversight via participation in sector bodies, noting that it "contributed to the development of the GCCA 2050 Roadmap to Net Zero Concrete 'Concrete Future'" as a member of the Global Cement and Concrete Association and that its Executive Committee Chairman chairs the European Round Table for Industry's "Energy Transition & Climate Change Working Group." In addition, it states that the "Group Executive Committee and the Chief Sustainability and Innovation Officer" are responsible for policy and performance reviews, with "the Board of Directors conduct[ing] oversight." However, we found no evidence of a formal process for ensuring alignment of direct government advocacy with its climate strategy or of a monitoring procedure for tracking such engagement beyond its trade-association coordination.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Europe or all companies in Belgium.