Titan Cementara Kosjerić has received the highest assurance rate for its 2013 Sustainability Report, A+. This has been the fourth year in a row that Titan has released this Report, which is in line with the highest world’s standards in the field of sustainable operation. The company has made progress by increasing the transparency of reporting, which has resulted in its receiving the highest score, and the contents of the Report have been verified by independent auditors from Ernst&Young.

“Although 2013 was yet another year in which we faced a volatile economic environment, this did not deter our resolve to operate in accordance with the principles of corporate social responsibility and to introduce you, for the fourth time, with the key results of our operation. We will continue our practice of social investment, investment in the employees and the environment, and we will strive to remain the leader of corporate responsibility in Serbia. We are proud of the progress made during 2013”, said Miroslav Gligorijević, General Manager of Titan Cementara Kosjerić.

Executive Director of the Business Leaders Forum, said on this occasion: “The success of Titan Cementara Kosjerić in earning this high score with its Report is worthy of praise. The fact that this company recognises the importance of corporate social responsibility, improves it continually, and gives an example of positive practice speaks in favour of changing the awareness of the importance and the role that the business sector should and can have in society  whether through investment in the local community and protection and care of the environment and the continuing investment and care for employees, and last but not least, through responsible conduct towards business partners and customers.”

The key priorities of Cementara in the field of corporate social responsibility over the past year were focused on the promotion and maintenance of good environmental performance, where the total investment in environmental protection amounted to more than EUR 830,000; moreover, a plant for recirculation of water and for storage and dispensing of dry ash has been put into operation, which further confirms the concern for future generations, primarily through the further reduction in emissions, water consumption, and fossil fuels.

The report specifically emphasises the company’s commitment to employees, their continuous improvement, and occupational safety. Cementara also helps the society, the vulnerable social categories, and it invests in young people and supports the development of culture and art. In 2013 alone, more than EUR 131,000 was invested in development programmes in the local community.

The complete Corporate Social Responsibility and Sustainability Report of TITAN Cementara Kosjerić can be downloaded from the web site of the Company, while for more information on the reporting in line with the GRI standards, refer to the web site: www.globalreporting.org.