Safety & Environment
Safety & Environment
Responsible environmental management is a strategic priority for Titan Storage LTD. The Company understands the social significance of this issue, adequately assesses and seeks to minimize environmental risks, and ramps up outlays in environmental preservation initiatives. Seeking to meet the strategic objectives and discharge the Company’s obligations relating to the environmental safety, Titan Storage LTD has set up an integrated system for industrial safety management, where environmental safety is one of the key aspects.
Environmental safety activities are controlled using the environmental safety management system that complies with the requirements of international standard, Titan Storage LTD successfully passed an independent audit that demonstrated compliance of the Company’s environmental management system. With a view to enhance environmental safety performance, the Company continuously improves its business processes within the management systems and coordinates with different stakeholders.
This allows Titan Storage LTD to consistently move on from damage relief efforts to the assessment of potential environmental risks and introduction of efforts intended to prevent the environmental impact of business operations.
Protection and Industrial Safety
A systemic approach to control over compliance with the orders of the State Fire Control authorities of the Ministry of Emergency Situations of the n Federation was organized, as a result whereof 99% of violations of fire safety requirements were remedied without any capex outlays for such remediation.
Titan Storage LTD developed the project “Environmental Safety Strategies until 2023”, with a view to identifying priorities, activities and vehicles that would help step up the Company’s environmental activities in line with international industry standards. In order to prepare this document, the Company analyzed its current operations, best international practices, including experience of partner companies, and objectives related to implementation of new projects.