His collaboration with Investing For Purpose (IFP), a Greek initiative that promotes investment with environmental and social impact, bringing in contact with investors who want to invest in long -term funds with start -ups and companies that create positive returns for society and the environment today (5,55). TITAN.
As stated in a related announcement, with its integration into IFP, the TITAN group will gain access to a large and diverse “tank” of Greek companies with an environmental and social impact they seek funding. From these he will choose which he wishes to invest, focusing on those related to his business and taking into account the priorities of his strategy for sustainable development, financial criteria and the goals of these companies.
Working with IFP, which focuses on themes such as the environment, circular economy, education, social inclusion and others, demonstrates Titan’s commitment to supporting initiatives with a positive environmental and social footprint.
With this collaboration, the TITAN group will also provide guidance to selected companies, supporting them to grow and multiply their impact.
Given potential benefits from interesting and profitable investment opportunities for Titan, his collaboration with IFP intersects the Group’s Venture Capital initiative. On the basis of this, the TITAN group will invest in the medium term up to 40m euros in the support of the escalation of innovative startups and funds, thereby enhancing its development strategy.
In the context of this initiative, TITAN has already invested in six startups and two “Venture Funds”, concluding partnerships that respond to the challenges facing the structural materials industry and promoting sustainable constructions.
Commenting on new collaboration, Leonidas Kanellopoulos, General Manager of Sustainable Development and Innovation of the TITAN Group, noted: “In Titan, we have always believed in the creation of common value, where economic returns are combined with a measurable positive social and environmental impact. Thus, we are particularly pleased that we are the first listed, multinational group that is part of the IFP investment community and believe that we also have to learn from innovative startups and social enterprises that operate with a key focus on creating positive yields. ”
On his side, Markos Komondouros, co -founder and partner of Investing for Purpose, added: “Through our community, we seek to bring about a change in investment, and it is our pleasure and honor to have a group of scale and international prestige to support our vision. Investments with environmental and social impacts are rapidly developing in Greece and seeing the active commitment of leading multinationals to participate gives us great satisfaction. “