As a multiregional and multicultural Group of Companies, TITAN, considers local leadership as a significant parameter for running successfully local operations. Accordingly, the management teams are comprised of managers from the respective region to a level of 98%. TITAN was among the first 500 companies world wide to support the UN Global Compact Initiative expressing its commitment to the UN Universal Declaration on Human Rights (UNDHR) and ILO Conventions directly related to the Global Compact principles.

TITAN’s Code of Conduct and Code for Procurement based on international conventions set a minimum of standards that all employees and business units are expected to comply with. Human rights are universal, yet there are differences from country to country regarding the level of integration of human rights clauses in local law and local conditions. TITAN’s exposure to human rights risks is estimated in accordance to the relevance of each issue for TITAN operations and its significance for key stakeholders. All relevant initiatives are anchored at site level, and local management is responsible for implementation.

Based on international experience and best practice a new tool in the form of a questionnaire is currently developed and tested to identify existing gaps in policies and practices throughout TITAN operations and foster improvements in line with TITAN values, Code of Conduct and priorities at local level.

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Country exposure to human rights risks 2009 UN Human Rights Index

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