Latest news with #LeonidasCanellopoulos
Yahoo
26-06-2025
- 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
Business Wire
25-06-2025
- 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
Yahoo
17-06-2025
- Business
- Yahoo
Parker: Calgary firm Carbon Upcycling turns industrial waste into valuable cement products
Calgary-based Carbon Upcycling is making great strides in its mission to convert carbon emissions and industrial waste byproducts into valuable, local materials for low-carbon cement production. Its groundbreaking technology offers a productive solution for CO2 emissions and industrial waste materials by upcycling them into low-carbon supplementary cement products. In the few years since it was launched in 2015, the company has attracted the interest of a large number of major cement companies and has forged a strategic partnership with TITAN Group, one of the world's leading international businesses in the building and infrastructure materials industry. The companies entered a memorandum of agreement earlier this month to explore the commercial development of Carbon Upcycling's technology for producing local, low-carbon building materials. The collaboration builds on TITAN's earlier investment in the Calgary company and underscores both companies' shared commitment to accelerating the decarbonization of the building materials industry. 'Expanding the scope of our partnership with Carbon Upcycling from investment to project exploration aims to scale up production of innovative, high-performance cementitious solutions in line with our Green Growth Strategy 2026,' says Leonidas Canellopoulos, chief sustainability and innovation officer of TITAN Group. 'This initiative not only highlights the importance of localized production but also serves as an important model for integrating low-carbon solutions into mainstream industrial processes.' The scientist with the vision of an inclusive, equitable world where carbon is a sustainable resource — shaping the future of humanity — is Apoorv Sinha, co-founder and CEO of Carbon Upcycling. Born in Baha, a small province in the northeast area of India, he was brought up in Kuwait where his father had moved the family to work in the oil and gas industry. Sinha's education took him to the U.S., where he earned his chemical engineering degree at Georgia Institute of Technology. He says he was attracted to Calgary as an energy hub with a reputation for innovation — a good place to build a business. In 2014, along with a couple of friends, they entered an Emissions Reduction Alberta challenge for the most innovative technologies that would convert CO2 emissions into valuable products. The result was a $500,000 grant that kick-started the launch of Carbon Upcycling the following year, and the opportunity to work with researchers at the University of Calgary as well as others in university labs in Toronto, Vancouver and Montreal. Sinha says the research has focused on the use of local waste materials — ash, slag and clay-based tailings — that are found everywhere and can be chemically activated into a fine powder to be blended into cement. Burnco has become a valuable Calgary partner using the product from two Carbon Upcycle demonstration plants in the southeast area of the city, enabling it to reduce imported additives by using a local product. Sinha and his team have kept up an aggressive momentum that has attracted a number of global partnerships with industry, academia and communities. Three of the world's largest cement manufacturers (TITAN, CRH and Cemex) have invested in the company, and following a $32.4-million Series A financing round in June 2023, private investments have reached $70 million. Another large investment is expected to be announced in the coming weeks. Currently a first-of-its-kind commercial facility is under construction at the Ash Grove cement plant in Mississauga, Ont., that will be able to use local feedstock from steel plants. Carbon Upcycling has blossomed into a strong Canadian tech company built and commercialized in Canada, able to attract huge investments that will be beneficial to the local Calgary economy. It employs around 40 people here, consisting mainly of engineers, research and development, and operations, plus others in the U.S., Mexico, Belgium, Denmark and Germany — important since countries have different standards that locals are better to interpret. To date, the company has secured 13 patents and filed for another 93 to protect its technology around the world. While the G7 summit is being held at Kananaskis, the Inter-American Institute for Cooperation in Agriculture is holding its agriculture and food security forum at Olds College with the theme of cultivating tomorrow's agriculture today. The 250 invited delegates will be at the forum and an additional 1,000 guests will attend online. David Parker appears regularly in the Herald. Read his columns online at He can be reached at 403-830-4622.
Calgary Herald
16-06-2025
- Business
- Calgary Herald
Parker: Calgary firm Carbon Upcycling turns industrial waste into valuable cement products
Article content Calgary-based Carbon Upcycling is making great strides in its mission to convert carbon emissions and industrial waste byproducts into valuable, local materials for low-carbon cement production. Its groundbreaking technology offers a productive solution for CO2 emissions and industrial waste materials by upcycling them into low-carbon supplementary cement products. Article content Article content In the few years since it was launched in 2015, the company has attracted the interest of a large number of major cement companies and has forged a strategic partnership with TITAN Group, one of the world's leading international businesses in the building and infrastructure materials industry. Article content The companies entered a memorandum of agreement earlier this month to explore the commercial development of Carbon Upcycling's technology for producing local, low-carbon building materials. The collaboration builds on TITAN's earlier investment in the Calgary company and underscores both companies' shared commitment to accelerating the decarbonization of the building materials industry. Article content 'Expanding the scope of our partnership with Carbon Upcycling from investment to project exploration aims to scale up production of innovative, high-performance cementitious solutions in line with our Green Growth Strategy 2026,' says Leonidas Canellopoulos, chief sustainability and innovation officer of TITAN Group. 'This initiative not only highlights the importance of localized production but also serves as an important model for integrating low-carbon solutions into mainstream industrial processes.' Article content Article content The scientist with the vision of an inclusive, equitable world where carbon is a sustainable resource — shaping the future of humanity — is Apoorv Sinha, co-founder and CEO of Carbon Upcycling. Article content Born in Baha, a small province in the northeast area of India, he was brought up in Kuwait where his father had moved the family to work in the oil and gas industry. Sinha's education took him to the U.S., where he earned his chemical engineering degree at Georgia Institute of Technology. Article content He says he was attracted to Calgary as an energy hub with a reputation for innovation — a good place to build a business. In 2014, along with a couple of friends, they entered an Emissions Reduction Alberta challenge for the most innovative technologies that would convert CO2 emissions into valuable products.
Cision Canada
04-06-2025
- Business
- Cision Canada
Carbon Upcycling and TITAN Group Forge Strategic Partnership to Develop Low-Carbon Construction Materials
CALGARY, AB, June 4, 2025 /CNW/ - Carbon Upcycling Technologies Inc. ("Carbon Upcycling"), a leader in carbon and waste utilization, and TITAN Group ("TITAN"), a leading international business in the building and infrastructure materials industry, have entered into a Memorandum of Agreement (MOA) to explore the commercial deployment of Carbon Upcycling's technology for producing local, low-carbon building materials. This collaboration builds upon TITAN's earlier investment in Carbon Upcycling and underscores both companies' shared commitment to accelerating the decarbonization of the building materials industry. The MOA outlines plans for Carbon Upcycling to conduct technical feasibility studies at two TITAN cement plants, with the goal of implementing its technology to produce high-performing, low-carbon supplementary cementitious products by utilizing and upcycling captured CO₂ emissions and abundantly available local materials. These CO₂-enhanced cementitious products are expected to strengthen construction supply chains and significantly reduce the carbon footprint of cement production. " Our partnership with TITAN Group represents the necessary collaboration to advance the global cement industry towards a circular, low-carbon future," said Apoorv Sinha, CEO of Carbon Upcycling. " Globally, we are seeing increasingly complex supply chains. Carbon Upcycling is transforming this reality by localizing critical cementitious material production so we can continue to build what matters most." " Expanding the scope of our partnership with Carbon Upcycling from investment to project exploration aims to scale up the production of innovative, high-performance cementitious solutions in line with our Green Growth Strategy 2026," said Leonidas Canellopoulos, Chief Sustainability & Innovation Officer of TITAN Group."This initiative not only highlights the importance of localized production but also serves as an important model for integrating low-carbon solutions into mainstream industrial processes. Through this collaboration, TITAN and Carbon Upcycling are setting a precedent for how strategic alliances can drive meaningful change in the built environment." Carbon Upcycling's demonstration plant is currently operating in Western Canada, with its CO2-enhanced cement products commercially deployed across the built environment. The company is now developing its flagship commercial-scale project in Eastern Canada. TITAN Group has set CO₂ reduction targets across Scopes 1, 2, and 3, validated by the Science Based Targets initiative (SBTi) toward net zero by 2050. TITAN's roadmap includes concrete actions to lower the carbon footprint of its operations and products. TITAN Group aims to double its sales of low-carbon products by 2026 compared to 2022. Learn more about TITAN's journey to net zero at: About Carbon Upcycling Carbon Upcycling is a carbon and waste utilization company securing critical cement supply chains for the infrastructure of tomorrow. Its technology offers a productive solution for CO₂ emissions and industrial waste materials by upcycling them into low-carbon supplementary cement products. The patented system captures and reduces emissions through carbon capture and abatement while fostering localized, circular supply chains. Carbon Upcycling is backed by a syndicate of strategic investors, including the Business Development Bank of Canada, Climate Investment, Oxy Low-Carbon Ventures, and Clean Energy Ventures, as well as three of the world's leading cement manufacturers: CRH, Cemex, and TITAN Group. Learn more at 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 over 5,700 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).
