SUSTAINABILITY
Aboca’s commitment to the Common Good
Our commitment to making a positive impact on people and the environment is embodied in our Benefit Corporation status and is assessed and measured according to the B Corp certification, an international standard.
In times like these, when the word ‘sustainability’ risks being trivialised, it is essential to design the future with models and actions that are truly so, since we are now more aware than ever that the individual good cannot be separated from the common good.
For more than 40 years, Aboca has been proving that a sustainable future is possible.
We believe that a business can only be successful if it can combine economic growth, social justice and respect for nature.
That is why we chose to become a Benefit Corporation, a new corporate legal status introduced in 2016 in Italy, the first country in the world after the United States.
Within our statute as a Benefit Corporation, we have included six public benefit goals, alongside the traditional goal of profit-making.
In order to adopt this model, we formalised our commitment to pursue the Common Good in our articles of incorporation, adding six aims of public benefit to the traditional one of generating profit:
Our Impact Report
We measure our contribution to each of these goals every year by producing an Impact Report, which helps us define our annual improvement plan.
Certification Notice
“Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency.
It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012.
The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.
For the Common Good
Aboca assesses its impact through the B Impact Assessment, an international standard. This tool is used on a voluntary basis and has enabled the company to achieve B Corp certification, with 124.2 points. This is an extraordinary result considering that the BIA has been used by more than 300,000 companies in over 102 countries worldwide, but only 3 per cent exceeded 80 points, the minimum threshold to reach the B Lab verification process.
As a B Corp, we are part of a global movement of companies that adhere to high standards in terms of making a positive impact on society and the environment. You can find more details about Aboca’s B Corp certification and that of other companies in the Group on the official B Corp certificate portal.
Aboca’s contribution to the United Nations Sustainable Development Goals (SDGs)
In order to assess the company’s contribution, Aboca measured itself using the SDG Action Manager, an online platform created through the collaboration between the US non-profit organisation B Lab and the UN Global Compact Network .
The analysis shows that Aboca excels in achieving the following SDGs:
Find out more about Aboca’s contribution to each sustainable development goal in our Impact Report.