16. Jul 2021
Every year, B Lab, the global nonprofit network that certifies and mobilises Certified B Corporations, recognizes the top-performing B Corps creating the greatest impact through their businesses.
These B Corps are named Best for the World as their verified scores in the five impact areas evaluated on the B Impact Assessment (BIA)—community, customers, environment, governance, and workers—are amongst the global top 5% in their corresponding size group.
Among the companies recognized this year is Novamont, which has been named a Best for The World 2021 in the impact area Environment.
The recognized in this area are characterized by B Lab as ‘leading the way towards a more sustainable and regenerative planet by putting their impact on the air, climate, water, land, and biodiversity first in their business practices. These B Corps excel in environmental performance by offering products or services designed to solve an environmental issue or through their facilities, materials, emissions, and resource and energy use, as well as transportation/distribution channels and the environmental impact of their supply chain’.
“The nomination acknowledges our positive impact on the environment, having achieved the highest standards of sustainability through our circular bioeconomy model,” said the company.
Novamont obtained the B Corp Certification in 2020 with a score of excellence of 104. According to B Lab, its development model is based on the creation of sustainable integrated value chains and the revitalization of no longer competitive production and research sites to create new value, new products and new jobs. It develops and produces products of vegetable origin, biodegradable and compostable, conceived as solutions to specific problems strictly connected with the quality of water and soil. With a portfolio of around 1,800 patents and patent applications, it is also a R&D centre and a training centre for young and experienced researchers.
Today there are more than 4,000 Certified B Corporations across 77 countries and 153 industries, unified by one common goal: transforming the global economy to benefit all people, communities, and the planet.
Close to 800 B Corps from more than 50 countries were named to the 2021 Best for the World lists, including 4G Capital, KeepCup, Natura, The Big Issue Group, TOMS, Too Good To Go, and Patagonia. The full lists are available at https://bcorporation.net/best-for-the-world-2021.