TEBRIO BECOMES A B CORP
- The B Corp certification issued by the B Lab organization recognizes businesses with high standards of social, environmental, transparency, and corporate responsibility performance
Only 5,000 companies worldwide have this distinction, awarded to firms seeking to redefine the meaning of business success beyond economic indicators
Salamanca, 20 December 2022
The Spanish biotech Tebrio has just become a B Corp company for its commitment to the high standards of social and environmental performance, transparency and corporate responsibility promoted by this certification. B Corporations (or B Corps) lead a global movement of people who are transforming the economy to positively impact the planet and the societies that compose it.
In this manner, Tebrio joins a growing community of companies that are helping to redefine the meaning of business success: success that is measured not only in terms of economic profit, but also in terms of the well-being of people, communities and the planet. Such companies are competing not only to be the best in the world, but also to be better for the world.
The prestigious and recognized B Corp standard measures the integral management of the company as a whole and covers five key impact areas: Governance, Employees, Community, Environment and Customers. The certification is awarded by the non-profit organization B Lab to leading companies with a high social and environmental commitment, after passing a rigorous evaluation process through which they must provide evidence of their good practices and incorporate their legal commitment to social purpose in their bylaws.
The B Corp community is made up of 5,000 companies from all over the world. And it is reflected in Europe through companies from different industries and of diverse sizes. Among them are leading brands in their respective sectors, such as Danone, Patagonia, Alpro, Triodos Bank, Alessi, Ecoalf and Innocent.
“We are proud to be an active part of this network,” explains Adriana Casillas, CEO of Tebrio. “Our company has always strived to develop a sustainable and responsible business model, both in the economic, social and environmental spheres. Therefore, this certification is a great recognition for us, because it validates a corporate vision that we have been putting into practice for more than 10 years.”
Pablo Sanchez, CEO of B Lab Spain, says: “We are delighted to welcome Tebrio to the B Corp community. This community works to reduce inequality, respect and regenerate the environment, strengthen communities and create high quality jobs with dignity and purpose. Tebrio is a new member of the B Corp community because it demonstrates by example how these results can be achieved.”
A global movement facing the challenges of the 21st century
B Corp is a global movement of people using the power of business to solve the pressing social and environmental problems of the 21st century. Unlike companies that only pursue economic goals, B Corp companies aim to transform the sphere of business and its impact on society through strict standards that are continuously reviewed and verified. The certification contemplates standards, policies and tools that enable companies to operate in a more responsible, egalitarian and inclusive manner in the business ecosystem.
Its initiatives include the B Corp Certification, the implementation of social and environmental impact measurement systems through the B Impact Assessment and the support of governance structures that privilege the collective interest. Today, there are more than 5,000 B Corp companies worldwide in 150 different industries and 74 countries, and another 100,000 use the B Impact Assessment.
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