• The capitals
• Value creation
• Stakeholder relationships

Key observations:

In the ‘Group Performance’ section, key measures are disclosed on pages 18 and 19, together with a clear description of the financial, social, employee and environmental performance. In particular, the progress against strategic priorities is outlined in narrative form, and the performance is illustrated through the use of graphs, diagrams and tables. Clarity is enhanced by the distinction in the narrative between “Performance summary” and “Management review”, allowing the reader to better understand how Titan creates value, in particular in the sections on: health and safety (pages 24 and 26), employment and people development (pages 27 to 35), communities (pages 36 to 39), business partners (pages 40 to 42), and environment (pages 43 to 47)