Fokusi Yne

Sharrcem is a group of passionate individuals committed to making the world a better place through responsible business practices. We are inspired by the TITAN Cement group’s leadership in advancing social and environmental causes, and we have committed significant resources to creating value for our stakeholders and contributing to the achievement of the UN Sustainable Development Goals 2030. We are convinced that genuine growth is only possible when we prioritize the growth of our community and society at large. This commitment guides our daily operations and informs our decision-making processes. We recognize that our success is inextricably linked to the well-being of those around us, and we strive to have a positive impact on our stakeholders and the world.

We are engaging with our stakeholders across our locations to obtain a deeper understanding of their expectations and needs. Mapping what is most material to them and to the business through a double materiality process helps us develop sustainable business strategies and create value that lasts. At Sharrcem, we understand that identifying and addressing material issues is critical to maintaining our company’s long-term success and sustainability, as well as fulfilling our obligation to the communities and surroundings in which we operate. The TITAN Cement Group used the SASB Materiality Map methodology as the primary tool to analyze the connection between material issues and initiatives. Subsequently, the Social Capital area was ranked as the most relevant material issue for its business units through community engagement initiatives, followed by the Human Capital, specifically for the engagement and wellbeing of company employees. According to Sharrcem Materiality Assessment cycle held in 2020, there were addressed eight high material issues grouping under the four Focus Areas of TITAN Cement Group and all are underpinned by good governance, transparency, and business ethics.

TITAN Cement Company has set ambitious Environmental, Social and Governance (ESG) targets for 2025 and beyond, as presented in their report. These targets underscore its enduring commitment to sustainability and value creation for all, with special emphasis on four pillars:

De-Carbonization and Digitalization
Growth-Enabling Work Environment
Positive Local Impact
Responsible Sourcing

Stakeholder engagement is an important element of our approach to sustainability. It builds trust, improves understanding of the impacts from our operations and addresses stakeholder concerns, while providing input to our materiality assessment process.

Stakeholders:

Employees
Customers
Local Communities and Governments
Regulators, Authorities
Shareholders
Business Partners and Suppliers
Contractors
Local Authorities
Investors and Analysts
Youth
NGOs
Civil Society
Media
Academia and Research

At Sharrcem, we emphasize good governance to ensure that our company’s objectives are successfully achieved. Our single-tier governance structure enables the Management Board to take decisive action toward these goals. We have also formed a number of boards and committees to oversee various elements of our operations. Our Corporate Social Responsibility (CSR) structure is in charge of ensuring that the well-being of people, society, and the environment is prioritized in all of our activities. Furthermore, the CSR board works to keep open lines of contact with our employees and other key stakeholders to ensure that our activities are in line with their expectations.

Sharrcem’s Sustainability Governance Structure:

Managing Director
Plant Manager
Health and Safety Manager
HR and Administration Manager
Sales Manager
Finance Manager
Procurement Manager
Environmental Manager