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Social responsibility prizes for 14 Spanish companies
By thinkSPAIN Team Fri, Sep 6, 2019
AWARDS for social responsibility have been given to 14 Spanish companies by a prestigious global movement in the USA.
The non-profit organisation B Lab, based in Pennsilvania, is behind the 'B Corporation' kitemark which it gives only to firms making a concerted social and environmental effort as an integral part of their business activities, and which show transparency and responsibility in their daily operations.
Of those which belong to the movement, 10% per year are given prizes when their corporate social responsibility efforts are considered outstanding and go above and beyond B Lab's minimum requirements.
B Corp firms undergo rigorous evaluation in five areas: community, employee wellbeing, environment, leadership and customer service.
The top 10% which score the highest across the board are given awards.
Around 70,000 companies use the website Evaluation of Impact B (EIB) to rate firms in the five key categories.
In Spain, 14 companies achieved a record score for their respective industries this year and serve as an example for other firms seeking to create a positive impact on society and the planet.
They have been named as Veritas, Alma Natura, Visualfy, Bikonsulting, Roots for Sustainability, Specialisterne Spain, Farmidable, Adhara Organics, Maremy, Steelter, Cuento de Luz, WorldCoo, 21 Gramos and Integral de Affectio Group.
Head of B Lab in Spain, Pablo Sánchez, says: “These companies are so inspiring that they are building a brand-new economy – an inclusive and regenerative economy which adds value for all interested parties, and not just for shareholders.”
B Corporation is a global movement seeking to use the power of businesses to solve 21st-century social and environmental problems, and firms holding the B Corp certificate are those which achieve high and verifiable levels of social and environmental effort, public transparency, legal responsibility and a commitment to positive impact – not just financial benefits.
Since 2014, the Spanish B Corp community has acquired nearly 60 firms, out of over 3,000 worldwide.
The global B Corp community is present in 64 countries and spans 150 industries.
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