B Corp, an evolutionary way of doing business
We vied with high social and environmental performance standards, and after a long and scrupulous verification process, we became B Corp.
We conceive business as a positive force that not only generates profit but also creates a beneficial impact on people and the environment.
What does it mean to be a B Corp?
B Corps are part of a global movement of ‘Purpose Driven Businesses’ that aims to spread a new economic paradigm, where businesses play a leading role in promoting business models for a fairer and more inclusive economy.
We are proud to be part of an epochal cultural shift. One of the fundamental principles of all B Corps is to move towards a regenerative paradigm, as opposed to an extractive one.
Regeneration means creating value at economic, social, and environmental levels, thus producing positive effects for society and the planet.
Only those companies that measure their overall impact through the Benefit Impact Assessment (BIA) and achieve a score above 80 (on a scale from 0 to 200) become B Corps, joining an elite group of businesses that operate for environmental, economic, and social sustainability.
Each B Corp receives a score across the five impact areas of the B Impact Assessment (workers, environment, governance, community, and customers) and must meet specific “Legal Requirements” and transparency principles.
Florim's Score
Florim Italia achieved a score of 98.1 points, while the consolidated score, which includes the American subsidiary, was 90.9 points. Thus, the Florim Group ranks among the top 3% of companies that manage to obtain certification and among the few that exceed a score of 90.
The number of companies engaged in the process of becoming B Corp is very high and continuously growing, but only a small portion succeed in being certified by B Lab, the American organization that operates globally under rigorous standards of transparency and sustainability.
Benefit Corporation and B Corp
B Corps are companies that obtain a certification issued by an independent organization, B Lab, following a rigorous analysis and verification process based on high social and environmental performance standards.
Benefit Corporations or Benefit Corporations are companies that have chosen to independently amend their statutes to formalize their commitment to working for the common good. This is a self-assumption of responsibility regulated by law.
For more information and details, visit bcorporation.eu
Certification Note
The “B Corporation Certification” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully passed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab in terms of social and environmental performance, responsibility, and transparency.
It is specified that B Lab is not a conformity assessment body under Regulation (EU) No. 765/2008 or a national, European, or international standards organization under Regulation (EU) No. 1025/2012. The BIA criteria are distinct and independent from the harmonized standards resulting from ISO norms or other standards organizations and are not ratified by national or European public institutions.