illycaffè becomes B Corp
It is the first Italian coffee company to receive certification
illycaffè is the first Italian coffee company to obtain the B Corp certification, awarded to organizations that are committed to respecting the highest standards of social and environmental performance, transparency and responsibility and that operate in such a way as to optimize their positive impact on employees, communities of reference and the environment. "Ethics and sustainability are part of illycaffè's DNA which, since its creation, has set itself the goal of improving the quality of people's lives", says a press release. In 2019 it strengthened its commitment as a stakeholder company, adopting the status of Benefit Company and confirming the choice to continue to grow by operating in a sustainable way for the communities with which it interacts, inserting the commitment within its corporate bylaws.
Illycaffè's sustainable supply chain is based on a system of direct relationships with its suppliers based on four fundamental pillars: selecting and working directly with the best Arabica producers; to transfer knowledge to them, training them in a quality production in respect of the environment through the University of Coffee and daily work in the field with specialized agronomists; reward them for the quality produced, paying them higher than market prices, stimulating continuous improvement and making production sustainable; create a community of producers that meet virtually on the platform dedicated to them, Circolo illy These are just some of the main assets that motivated the recognition of B Corporation: the supply chain, attention to environmental impacts and the enhancement of resources.
With the B Corp certification, achieved also thanks to the support of Nativa, Regenerative Innovation Company that accelerates the evolution of companies towards a sustainable and regenerative economic paradigm, the company continues to pursue its objectives of creating lasting and shared value. The standards adopted by B Corp are today the most widespread but also the most rigorous in the world: out of over 100,000 companies measured to date, only 3% have met the requirements of excellence established by B Lab, the international body that confers the certification.
EFA News - European Food Agency