Compare to Report 2010
see www.titan.gr (CSR section, Investor relations section)
Indicates core indicators
Indicates additional indicators
see 2011 TITAN GROUP Annual Report and
Financial Results
Indicates core indicators that are partially met
GRI G3 Disclosure | TITAN Reference |
Economic performance | |
EC1 - Direct economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments. | p. 10, 13 p. 5, 8-9, 13 -15 |
EC2 - Financial implications and other risks and opportunities for the organization’s activities due to climate change. | p. 14 -17, 34-35 p. 28 |
EC3 - Coverage of the organization’s defined benefit plan obligations. | p. 65-66 |
EC4 - Significant financial assistance received from government | No financial support was received in 2011 |
Market presence | |
EC5 - Range of ratios of standard entry level wage by gender compared to local minimum wage at significant locations of operation. | p. 21 |
EC6 - Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation. | p. 23 |
EC7 - Procedures for local hiring and proportion of senior management hired from the local community at locations of significant operation. |
p. 21 All senior managers are hired from local community. Expatriates support the integration of new plants or acquisitions into the Group. In 2011, only 2 senior managers were expatriates. |
Indirect economic impact | |
EC8 - Development and impact of infrastructure investments and services provided primarily for public benefit through commercial, inkind, or pro bono engagement. | p. 13 |
EC9 - Understanding and describing significant indirect economic impacts, including the extent of impacts. | p. 12-13, 17 |