There can be no real incorporation of the principles of Corporate Social Responsibility and Sustainable Growth into business strategy and practice without ongoing, honest dialogue with all a company’s stakeholders. The ultimate objective of this exercise is to promote fuller understanding of the issues and to evolve a common approach or consensus to shared problems and priorities.

In line with the commitments it had voluntarily undertaken (see CSR and Sustainable Growth Report, 2007) TITAN proceeded to organize the first stakeholders’ forum on the national level. The forum was held on Friday 17 October 2008 at the facilities of the company’s Kamari plant, and was attended by employees and their representatives, clients, suppliers, shareholders and representatives of local government, civil society and the academic community.

The purpose of the forum was a) to brief stakeholders on TITAN’s priorities and practices in the areas of CSR and Sustainable Growth, and b) to encourage an exchange of views on ways in which further improvements can be made.

This forum was an innovative new undertaking on the national level. In its organization the company followed the general specifications laid down in international standard AA1000SE, relating to promotion of dialogue with stakeholders.