We are a B Corp™ and that means a lot to us
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We are now a B Corp™: as a B Corp™, we are part of a global movement of companies that meet high standards of social and environmental impact.
B Corp™ recognizes companies that meet high standards of social and environmental performance, accountability, and transparency. It is not a legal status, but a voluntary commitment to create a positive impact for all stakeholders, not just shareholders.
B Lab™ is a non-profit organization that wants to transform the global economic paradigm in favor of all people, communities, and the planet. Its international network promotes the transformation of economic systems to foster a vision of an inclusive, equitable, and regenerative economic paradigm. B Lab™ creates programs that aim to change the behavior, culture, and structure of the current economic system. It mobilizes the global movement of B Corps™ to stimulate collective action capable of addressing society's most difficult challenges, and collaborates with governments, the academic sector, coalitions, and other institutions to promote the transformation of economic systems.
Note
The “B Corporation Certification” is a trademark licensed by B Lab, a private non-profit organization, to companies that, like ours, have successfully passed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab in terms of social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body within the meaning of Regulation (EU) No 765/2008 or a national, European, or international standardization body within the meaning of Regulation (EU) No 1025/2012. The BIA criteria are distinct and independent from the harmonized standards resulting from ISO standards or other standardization bodies and are not ratified by national or European public institutions.
B stands for Benefit for all.
To become a B Corp™, a company must complete a rigorous assessment that measures its impact on workers, customers, communities, and the environment. The assessment covers topics such as governance, employee benefits, diversity, inclusion, supply chain, carbon footprint, and community engagement.
Becoming a B Corp™ has not been an easy task. We underwent the B Impact Assessment™ which examines everything we do and how we do it: the team, customers, suppliers, the community, and the environment in general, while also meeting the legal requirements that compel us to consider purpose beyond profit, and in this regard we have always been committed, deciding from the very beginning to be a Benefit Corporation.
In Italy, there are only 220 B Corp™ companies.
We achieved a score of 109.9 on the B Impact Assessment™, above the national and global industry average, and the results can be seen here.
B Corp™ is a global movement of people who use businesses as a force for good. There are over 4,000 B Corps™ in more than 70 countries, in different sectors and sizes. Some examples of well-known B Corps™ are Patagonia, Ben & Jerry's, Kickstarter, and Eileen Fisher. These companies share the common vision of creating a more inclusive and sustainable economy that works for everyone.
Being a B Corp™ means being part of a community of companies that are redefining the concept of success in business: not financial success, but success in being companies that seek to have a positive impact on communities and the Environment. It means being accountable to your stakeholders and the planet. It means working every day to improve your impact and inspire others to do the same. It means being proud of what you do and how you do it.
Thank you to everyone who has been part of this journey. We are only at the beginning, it is true, but from here we want to continue to improve our actions even further.
#GoForPlanetA #BCorp #BCorpItalia