B Corp, an evolutionary way of doing business

We conceive the business as a positive force able to generate profits and at the same time create a virtuous impact on people and the environment. Since forever.

Our choices, day after day, have led us to improve our way of doing business.

Watch the video “Being sustainable is a daily choice” with the faces of some of the Florim people who contribute to making the company even more responsible, every day.

What does it mean to be B Corp?

We vied with high social and environmental performance standards, and after a long and scrupulous verification process, we became B Corp.

B Corps constitute a global movement of ‘Purpose Driven Businesses’ with the goal of spreading a new economic paradigm, where companies play a leading role in promoting business models for a fairer and more inclusive economy.

A cultural change of epic proportions is underway, and we are proud to be a part of it. One of the fundamental principles of all B Corps is to strive for a regenerative paradigm, in contrast to an extractive one.

Regenerating means creating value at economic, social, and environmental levels, thereby producing positive effects for society and the planet.

Only companies that measure their overall impact through the Benefit Impact Assessment (BIA) and exceed a score of 80 (on a scale of 0 to 200) become B Corps, entering an elite group of companies that operate for environmental, economic, and social sustainability.

Each B Corp receives a score in relation to the five impact areas of the B Impact Assessment (workers, environment, governance, community, and customers) and must adhere to specific “Legal Requirements” and transparency principles.

Florim’s Score

Florim Italia achieved a score of 98.1 points, and the consolidated score, which includes the American subsidiary, is 90.9 points. This places the Florim Group among the 3% of companies that have achieved certification.

Currently, there are over 250,000 companies measuring themselves to become B Corps, with only 7,000 certified by B Lab, an American organization that operates globally while adhering to stringent transparency and sustainability standards.

A long-standing choice

Our result is nothing more than the consequence of multiple activities carried out in past years: since 2008, we have prepared the Sustainability Report, and, last but not least in importance, is the decision to become a Benefit Corporation. On March 19, 2020, we changed our corporate statute, formalizing our commitment to improving our positive impact on society and the ecosystem.

Benefit Corporation and B Corp

Florim is now a Benefit Corporation and Certified B Corp.

B Corps are companies that receive certification from an independent organization, B Lab, following a rigorous analysis and verification process based on high standards of social and environmental performance.

Benefit Corporations, on the other hand, are companies that have chosen to change their corporate statutes independently, formalizing their commitment to operate for the common good. This is a self-assumed responsibility regulated by law.

For more information and insights, visit the website bcorporation.eu.

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