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Titan SA

Country
Belgium
Sector
Basic Materials
Industry
Building Materials
Employees
6,000
Ticker
TITC
Exchange
EURONEXT
Description
Titan Cement International S.A. is a leading cement and building materials producer with operations spanning across the globe. The company primarily focuses on the production, distribution, and sale o...

Titan SA's GHG Emissions Data Preview

In 2024, Titan SA completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Titan SA has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Titan SA’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Titan SA’s data sources below and access millions more through our Disclosure Search.

a. Titan SA's Integrated Report 2024
a. Titan SA's Integrated Report 2024
b. Titan SA's Integrated Report 2023
b. Titan SA's Integrated Report 2023

Insights into Titan SA's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofTitan SA amounted to11,287,945metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Titan SAincreased by 0.43%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Titan SA's Scope 1 Emissions Over Time

20192020202120222023202403 M6 M9 M12 MtCO2e-7%+11%-10%+5%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Titan SA's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Titan SA were 10,516,383 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Titan SA reduced its Scope 1 emissions over time?

Since 2019, Titan SA's Scope 1 emissions have decreased by 1.72%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Titan SA's Scope 1 emissions increased by 1.28%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Titan SA's Scope 2 emissions?

In 2024, Titan SA reported Scope 2 greenhouse gas (GHG) emissions of 783,384 tCOâ‚‚e using the market-based method and 771,562 tCOâ‚‚e using the location-based method.a

Has Titan SA reduced its Scope 2 emissions over time?

Since 2019, Titan SA's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 14.27%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Titan SA's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Titan SA's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Titan SA use for Scope 2 reporting?

In 2024, Titan SA reported its Scope 2 emissions using the market-based method and using the location-based method.a

Titan SA's Scope 2 Emissions Over Time

2019202020212022202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Titan SA's Value Chain Emissions

In 2024, Titan SA reported 2,651,087 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Titan SA includes a breakdown across 12of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Titan SA's Scope 3 Emissions Over Time

202020212022202320240700 k1.4 M2.1 M2.8 MtCO2e-20%+11%+28%+13%
  • Total Scope 3
  • Year-over-Year Change

What are Titan SA's Scope 3 emissions?

In 2024, Titan SA reported total Scope 3 emissions of 2,651,087 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 75.61%of these emissions originated from upstream activities such as purchased goods and capital goods, while 24.39%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Titan SA's Scope 3 emissions increased by 13.28%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Titan SA disclose?

In 2024, Titan SA reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Titan SA's Scope 3 emissions?

In 2024, the largest contributors to Titan SA's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 908,226 tCOâ‚‚e(34.26%)
  • Investments (Cat. 15): 646,581 tCOâ‚‚e(24.39%)
  • Purchased Goods and Services (Cat. 1): 543,655 tCOâ‚‚e(20.51%)

Titan SA's Scope 3 Emissions by Categories

Investments(Cat. 15)(24.4%)Purchased Goods andServices (Cat. 1)(20.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(34.3%)

Insights into Titan SA’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Titan SA reported Scope 1 greenhouse gas (GHG) emissions of 10,516,383 tCOâ‚‚e and total revenues of USD 2,751 millions. This translates into an emissions intensity of 3,822.16 tCOâ‚‚e per millions USD.a

Titan SA's Scope 1 Emissions Intensity Compared to Peers

10,000200,0002,000,00050,000,0001,000,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)TCACHSiam City CementYear: 2024Scope 1: 9,734,992 tCO2eRevenue: $M 1,275Scope 1 Intensity: 7,632.96 tCO2e/$MTTTaiwan Glass IndYear: 2024Scope 1: 2,089,338 tCO2eRevenue: $M 1,297Scope 1 Intensity: 1,610.39 tCO2e/$MTaiheiyo CementYear: 2024Scope 1: 19,007,000 tCO2eRevenue: $M 5,852Scope 1 Intensity: 3,247.77 tCO2e/$MBBMG Jidong Cement GroupYear: 2024Scope 1: 46,987,045 tCO2eRevenue: $M 3,465Scope 1 Intensity: 13,561.16 tCO2e/$MBrickworksYear: 2024Scope 1: 244,000 tCO2eRevenue: $M 709Scope 1 Intensity: 344.38 tCO2e/$MCCCorporacion MoctezumaYear: 2024Scope 1: 4,137,006 tCO2eRevenue: $M 955Scope 1 Intensity: 4,331.65 tCO2e/$MWienerbergerYear: 2024Scope 1: 1,723,188 tCO2eRevenue: $M 4,696Scope 1 Intensity: 366.95 tCO2e/$MKnife RiverYear: 2024Scope 1: 384,493 tCO2eRevenue: $M 2,899Scope 1 Intensity: 132.63 tCO2e/$MBreedon GroupYear: 2024Scope 1: 1,551,532 tCO2eRevenue: $M 1,978Scope 1 Intensity: 784.35 tCO2e/$MACCYear: 2025Scope 1: 13,488,976 tCO2eRevenue: $M 2,419Scope 1 Intensity: 5,575.18 tCO2e/$MAAAsia CementYear: 2024Scope 1: 21,078,502 tCO2eRevenue: $M 2,329Scope 1 Intensity: 9,050.46 tCO2e/$MGrasim IndustriesYear: 2025Scope 1: 86,219,949 tCO2eRevenue: $M 17,226Scope 1 Intensity: 5,005.30 tCO2e/$MFletcher BuildingYear: 2025Scope 1: 714,000 tCO2eRevenue: $M 4,265Scope 1 Intensity: 167.40 tCO2e/$MMartin Marietta MaterialsYear: 2024Scope 1: 2,900,000 tCO2eRevenue: $M 6,536Scope 1 Intensity: 443.70 tCO2e/$MCementir HoldingYear: 2024Scope 1: 6,900,426 tCO2eRevenue: $M 1,755Scope 1 Intensity: 3,930.84 tCO2e/$MShree CementYear: 2025Scope 1: 21,308,523 tCO2eRevenue: $M 2,221Scope 1 Intensity: 9,594.10 tCO2e/$MTecnoglassYear: 2023Scope 1: 82,992 tCO2eRevenue: $M 833Scope 1 Intensity: 99.60 tCO2e/$MEagle MaterialsYear: 2024Scope 1: 5,220,000 tCO2eRevenue: $M 2,259Scope 1 Intensity: 2,310.45 tCO2e/$MRamco CementsYear: 2023Scope 1: 8,003,750 tCO2eRevenue: $M 989Scope 1 Intensity: 8,090.16 tCO2e/$MAnhui Conch CementYear: 2024Scope 1: 174,027,718 tCO2eRevenue: $M 12,473Scope 1 Intensity: 13,952.29 tCO2e/$MCCCR BLDG MAT TECYear: 2024Scope 1: 39,796,912 tCO2eRevenue: $M 3,446Scope 1 Intensity: 11,547.16 tCO2e/$MTPI PoleneYear: 2023Scope 1: 7,063,777 tCO2eRevenue: $M 1,243Scope 1 Intensity: 5,681.39 tCO2e/$MJ K CementYear: 2025Scope 1: 10,472,586 tCO2eRevenue: $M 1,345Scope 1 Intensity: 7,785.22 tCO2e/$MAfrimatYear: 2023Scope 1: 112,790 tCO2eRevenue: $M 267Scope 1 Intensity: 421.67 tCO2e/$MHHHuaxin Building Materials GroupYear: 2024Scope 1: 29,954,056 tCO2eRevenue: $M 4,689Scope 1 Intensity: 6,388.80 tCO2e/$MTitan SAYear: 2024Scope 1: 10,516,383 tCO2eRevenue: $M 2,751Scope 1 Intensity: 3,822.16 tCO2e/$M

How does Titan SA's GHG emissions intensity compare to its peers?

In 2024, Titan SA reported a Scope 1 emissions intensity of 3,822.16 tCOâ‚‚e per millions USD. Compared to the peer group median of 4,331.65, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Titan SA rank on GHG emissions intensity within its industry?

In 2024, Titan SA ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Titan SA is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Titan SA's Total Carbon Footprint

In 2024, Titan SA reported a total carbon footprint of 13,939,032 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.64% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Titan SA's total carbon footprint was Scope 1 emissions, accounting for 75.45% of the company's total carbon footprint, followed by Scope 3 emissions at 19.02%.a

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