Latest news with #UNGlobalCompact
Yahoo
2 days ago
- Business
- Yahoo
TITAN Group was Recognized as one of the World's Most Sustainable Companies by TIME magazine for the Second Consecutive Year
BRUSSELS, June 25, 2025--(BUSINESS WIRE)--Regulatory News: TITAN Group (Brussels:TITC) has been named by TIME magazine as one of the world's most sustainable companies for the second consecutive year, rising 158 positions to reach the 150th position in the 2025 ranking of 500 companies. Notably, TITAN stands out as the highest-ranked company among the very few building materials companies to make the list, reinforcing its leadership and commitment to sustainability on a global scale. Leonidas Canellopoulos, Chief Innovation and Sustainability Officer of TITAN Group, said: "Being named one of the world's most sustainable companies by TIME for the second year in a row is a powerful endorsement of our growth strategy in action. Sustainability is woven into every decision we make - from bold innovation in new products and decarbonized processes to transparent execution. Guided by our purpose to make the world around us a safe, sustainable, and enjoyable place to live, we are accelerating our progress and actively contributing to a more innovative and sustainable industry." TITAN has set science-based targets aligned with the 1.5°C climate scenario and was recognized as a climate leader by both the CDP (formerly Carbon Disclosure Project) and the Financial Times. The company continues to make strong progress towards its CO₂ reduction goals and broader ESG targets for 2025 and beyond. Its adherence to the UN Global Compact and participation in the UNFCCC Race to Zero also played a significant role, as did TITAN's strong commitment to sustainability and long-term value creation for customers, local communities, employees, and other stakeholders across all its regions. TIME and data firm Statista have developed a rigorous methodology to measure the world's most sustainable companies for 2025. Their sustainability evaluation assessed companies based on external ratings, commitments, and various environmental and social Key Performance Indicators (KPIs) disclosed in externally assured reports, in compliance with the CSRD and international reporting standards such as GRI, SASB, and TCFD. These KPIs include emission intensity, emission reduction rates, energy intensity, the proportion of renewable energy used, diversity on boards and in leadership, gender pay gap, work safety, and employee turnover rate. The final list features the 500 highest-performing companies across 35 countries and 21 industries. You may view the full 2025 ranking by TIME magazine here: About TITAN Group TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs more than 6,000 people and is present in over 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With a 120-year history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The parent company is listed on Euronext and the Athens Exchange. For more information, visit our website at View source version on Contacts media@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
2 days ago
- Business
- Cision Canada
UN Global Compact Marks 15-Year Milestone in Global Anti-Corruption Initiative, Underscoring Integrity as Cornerstone of Sustainable Development
MEXICO CITY, June 26, 2025 /CNW/ -- The United Nations Global Compact commemorated the successful conclusion of its 15-year Anti-Corruption Collective Action (ACCA) initiative at a special two-day event held on 26–27 June. Funded since its inception in 2010 by the Siemens Integrity Initiative, the project commemorated a remarkable journey of promoting business integrity and combating corruption across the globe. The event brought together a diverse group of more than 100 leaders from business, Government, international organizations, academia and civil society, hosted in collaboration with UN Global Compact Country Networks Mexico and Brazil. Discussions highlighted powerful achievements and valuable insights derived from ACCA initiatives implemented by 13 Global Compact Country Networks. A cornerstone of the event was the launch of the comprehensive legacy report, 15 Years of Collective Action: Stories of Integrity from the Private Sector. The report captures global impacts through compelling narratives that vividly illustrate how cross-sector collaboration has tangibly transformed business practices, enhanced transparency and fostered ethical leadership worldwide. Sanda Ojiambo, CEO & Executive Director of the UN Global Compact, stated: "The Anti-Corruption Collective Action initiative has proven that integrity is not just good ethics — it's good business. Corruption erodes trust, weakens institutions and hampers sustainable development. Collective Action has demonstrated its power to align companies, Governments and civil society behind a shared vision of transparency and accountability. As we commemorate these successes, we reaffirm our call for continued collaboration to sustain momentum towards a more equitable and ethical global economy." Key highlights from the event and legacy report include: 1. Collective Action as a Driver of Sustainable Development: The ACCA initiative underscored the vital role of collaboration in achieving the Sustainable Development Goals, particularly SDG 16 on peace, justice and strong institutions. Participants reiterated how partnerships have multiplied individual efforts, creating lasting improvements in governance and corporate responsibility. 2. Impact through Storytelling: By harnessing the power of storytelling, the legacy report connects audiences to the real-world impacts of anti-corruption efforts. Personal accounts from business executives, community leaders and stakeholders offer insights into how ethical practices have reshaped corporate cultures and communities, making the case for continued global cooperation. 3. Ongoing Commitment to Transparency and Integrity: Recognizing the enduring importance of Collective Action, participants highlighted the need for continued engagement and knowledge sharing. The event also spotlighted resources such as the Uniting against Corruption: A Playbook on Anti-Corruption Collective Action, the ACCA e-learning course and the Doing Business with Integrity course designed to foster transparency and guide future initiatives. The report features stories organized by key themes, including Engaging the Next Generation of Ethical Leaders, Harnessing Digital Technology for Transparency, and more. Each theme is illustrated with real-world examples of how the project strengthens good governance, builds trust and promotes business integrity in various sectors globally. The UN Global Compact, as a leading voice in Collective Action, has consistently emphasized the importance of collaboration across sectors to combat corruption and promote integrity. ACCA has catalyzed widespread change and established Collective Action as a vital framework for addressing complex global challenges like corruption. Looking ahead, the UN Global Compact calls on companies worldwide to join forces in scaling up anti-corruption efforts. Download the 15 Years of Collective Action: Stories of Integrity from the Private Sector to learn more about the progress made since 2010 by the Siemens-backed Anti-Corruption Collective Action (ACCA) project of the UN Global Compact. With stories from 13 different countries across Africa, Asia, Europe and Latin America, the ACCA Legacy Report serves as a testament to how trusted private sector partnerships can transform industries, drive long-term success and protect people. Notes to Editors About the UN Global Compact The ambition of the UN Global Compact is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change. With more than 20,000 participating companies, 5 Regional Hubs, 64 Country Networks covering 85 countries and 9 Country Managers establishing Networks in 16 other countries, the UN Global Compact is the world's largest corporate sustainability initiative — one Global Compact uniting business for a better world. For more information, follow @globalcompact on social media and visit our website at
Business Wire
3 days ago
- Business
- Business Wire
TITAN Group was Recognized as one of the World's Most Sustainable Companies by TIME magazine for the Second Consecutive Year
TITAN Group (Brussels:TITC) has been named by TIME magazine as one of the world's most sustainable companies for the second consecutive year, rising 158 positions to reach the 150th position in the 2025 ranking of 500 companies. Notably, TITAN stands out as the highest-ranked company among the very few building materials companies to make the list, reinforcing its leadership and commitment to sustainability on a global scale. Leonidas Canellopoulos, Chief Innovation and Sustainability Officer of TITAN Group, said: "Being named one of the world's most sustainable companies by TIME for the second year in a row is a powerful endorsement of our growth strategy in action. Sustainability is woven into every decision we make - from bold innovation in new products and decarbonized processes to transparent execution. Guided by our purpose to make the world around us a safe, sustainable, and enjoyable place to live, we are accelerating our progress and actively contributing to a more innovative and sustainable industry." TITAN has set science-based targets aligned with the 1.5°C climate scenario and was recognized as a climate leader by both the CDP (formerly Carbon Disclosure Project) and the Financial Times. The company continues to make strong progress towards its CO₂ reduction goals and broader ESG targets for 2025 and beyond. Its adherence to the UN Global Compact and participation in the UNFCCC Race to Zero also played a significant role, as did TITAN's strong commitment to sustainability and long-term value creation for customers, local communities, employees, and other stakeholders across all its regions. TIME and data firm Statista have developed a rigorous methodology to measure the world's most sustainable companies for 2025. Their sustainability evaluation assessed companies based on external ratings, commitments, and various environmental and social Key Performance Indicators (KPIs) disclosed in externally assured reports, in compliance with the CSRD and international reporting standards such as GRI, SASB, and TCFD. These KPIs include emission intensity, emission reduction rates, energy intensity, the proportion of renewable energy used, diversity on boards and in leadership, gender pay gap, work safety, and employee turnover rate. The final list features the 500 highest-performing companies across 35 countries and 21 industries. You may view the full 2025 ranking by TIME magazine here: TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs more than 6,000 people and is present in over 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With a 120-year history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The parent company is listed on Euronext and the Athens Exchange. For more information, visit our website at
Time Magazine
4 days ago
- Business
- Time Magazine
How TIME and Statista Determined the World's Most Sustainable Companies of 2025
Statista and TIME have joined forces to identify the World's Most Sustainable Companies of 2025, aiming to highlight corporate responsibility and promote sustainable practices. In an era marked by significant environmental challenges and social inequalities, it is crucial to recognize and reward companies prioritizing sustainability. By featuring these leading entities, the ranking sets a benchmark for other businesses, fostering transparency and accountability and encouraging the integration of sustainability into core corporate strategies. Methodology The ranking process began with a comprehensive selection from over 5,000 of the world's largest and most influential companies, considering factors such as revenue, market capitalization, and public prominence. The process involved a rigorous 4-step methodology to identify the top 500 companies, evaluated on more than 20 key data points. Exclusion of Non-Sustainable Businesses: The first step excluded companies involved in non-sustainable industries like fossil fuels or deforestation. Additionally, companies appearing on negative lists related to sustainability issues, such as those identified as carbon majors or associated with environmental catastrophes, were automatically disqualified. These include: Forest 500 Report (based on 2023 data), Carbon Majors (based on 2023 data), PERI Top 100 Polluter Indexes: Air, Water, Greenhouse, Toxic Greenhouse, Suppliers, Coal (based on 2022 data.) This step also considered significant scandals or controversies related to sustainability. Commitment & Ratings: The second step involved assessing companies based on external sustainability ratings and commitments from reputable organizations. Key criteria included CDP ratings, adherence to the UN Global Compact, alignment with the Science Based Targets initiative (near-term and long-term), inclusion in the S&P Global Sustainability Yearbook, participation in the UNFCCC Race to Zero campaign, and MSCI ESG & SRI evaluations. Reporting & Transparency: The third step evaluated the availability and quality of sustainability reports. This included verifying whether companies published an ESG report for 2023, ensuring these reports had undergone external assurance, and assessing compliance with international reporting standards such as GRI, SASB, and TCFD (now part of the IFRS/ISSB standards). Environmental & Social Stewardship: The final step involved researching various environmental and social Key Performance Indicators (KPIs) from companies' Corporate Social Responsibility (CSR) reports. Environmental metrics included emission intensity, emission intensity reduction, energy intensity, renewable energy ratio, waste intensity and the proportion of recycled waste. Social metrics covered aspects like gender diversity on the board of directors and in leadership, gender pay gap, work safety, and employee turnover. An overall sustainability score was calculated, with a maximum achievable score of 100. The top 500 companies with the highest scores were awarded the title of World's Most Sustainable Companies 2025. These companies are spread across more than 30 countries, with the United States, Japan, and France hosting the highest numbers. See the full list here.
See - Sada Elbalad
5 days ago
- Business
- See - Sada Elbalad
TV BRICS, UN Global Compact Network Russia agree to cooperate on promoting sustainable business development
H-Tayea As part of the cooperation, the TV BRICS International Media Network will provide media support to Russian businesses in the areas of corporate social responsibility and sustainable development. It will also support the promotion of Russian business interests and best practices through the platforms of leading media outlets in BRICS+ countries. At the 28th St. Petersburg International Economic Forum, the corresponding agreement on media partnership was signed by Chairman of TV BRICS Ivan Polyakov and Executive Director of the UN Global Compact Network Russia Natalia Dorpeko. The parties agreed to cooperate on promoting best practices in sustainable development and social responsibility, including the implementation of media, cultural and educational projects aimed at fostering international knowledge exchange and expanding business partnerships in line with the UN 2030 Agenda. 'In 2025, several milestone anniversaries will be marked in connection with the work of the United Nations: the 80th anniversary of the entry into force of the UN Charter; the 25th anniversary of the UN Global Compact, the world's largest initiative for implementing the sustainable development agenda; the 10th anniversary of the Millennium Declaration 'Transforming our World: the 2030 Agenda for Sustainable Development', which includes the 17 UN Sustainable Development Goals (Agenda 2030); and the 10th anniversary of the Paris Agreement, a legally binding international treaty adopted under the UN Framework Convention on Climate Change. At the same time, in 2025, the positive results of Russia's BRICS Chairmanship in 2024 will be summarised. It is important to note that the BRICS group was initiated by the Russian Federation, the first BRICS summit was held in Russia in June 2006, and our country also chaired the group during the 15th anniversary of BRICS. The signing of the Agreement between the UN Global Compact Network Russia and TV BRICS is highly symbolic in this context and holds special potential for advancing international cooperation on the UN's sustainable development agenda,' stated Natalia Dorpeko. TV BRICS Chairman Ivan Polyakov noted that since 2018 the International Media Network has been cooperating with the United Nations and has extensive experience in conducting media campaigns in support of the UN Sustainable Development Goals (SDGs). The mission of the UN Global Compact and the important work of the UN Global Compact Network Russia are closely aligned with the strategic objectives of TV BRICS, which lays the groundwork for effective and long-term cooperation. Ivan Polyakov particularly emphasised that efforts to promote the Global Compact agenda will take into account the development priorities of BRICS, its partner countries, and the BRICS+ format. In 2018, a cooperation agreement was signed between TV BRICS and the UN Secretariat (represented by the UN Department of Public Information). TV BRICS was included in the international SDG Media Compact, an initiative launched by the UN to consolidate media support for the promotion of the SDG concept. TV BRICS initiates and promotes a number of international projects on sustainable development topics via its partner media in BRICS+ countries. For instance, to popularise quality education, TV BRICS has established ongoing cooperation with universities and research centres across different nations. TV BRICS regularly produces and disseminates information materials on global challenges such as poverty, hunger, inequality, and climate change. The TV BRICS International Media Network strengthens global partnerships, including in the media and communications sector, working with over 100 major media outlets in 26 countries around the world. To support sustainable agricultural development, the TV series 'Agroparallels' was produced in collaboration with a partner in Brazil. In 2025, a new television project titled 'BRICS GRAIN' will be launched. The UN Global Compact is an international initiative for business in the field of corporate social responsibility and sustainable development. Its mission is to mobilise responsible companies that, under various political, economic, environmental, cultural, geographical, and other conditions, share and implement a common set of ethical principles in the areas of human rights, labour, environment, and anti-corruption, while also supporting and working towards the UN Sustainable Development Goals. The UN Global Compact continues to show dynamic growth in participation, currently bringing together around 25,500 companies and organisations from 167 countries worldwide, including the Russian Federation. Approximately 4,500 of these companies are from BRICS countries. The UN Global Compact Network Russia supports the implementation of Russia's National Development Goals up to 2030 and beyond to 2036. It is engaged in systematic project work and the representation of Russian business interests and best practices on global platforms. The network's activities aim to affirm the proactive stance of Russian business in seeking optimal sustainable development pathways, as well as its readiness to contribute intellectually, organisationally, and informationally to further advancing global UN initiatives in social responsibility and sustainable development, in cooperation with a wide range of stakeholders and based on fair national priorities. The agreement between TV BRICS and the UN Global Compact Network Russia will contribute to the implementation of the UN General Assembly Resolution 'Towards global partnerships: a principle-based approach to enhanced cooperation between the United Nations and all relevant partners". The resolution recognises the important role of national Global Compact networks in fostering partnerships with international business communities at the national level and in supporting the implementation of the sustainable development agenda within their countries. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
