Illycaffè obtains B Corp recertification according to the new V2 standards

Illycaffè has announced that it has obtained B Corp recertification according to the new V2 standards defined by B Lab, reaffirming its commitment to integrating economic, social and environmental objectives into its business model and corporate decision-making processes.

Recertification

The new certification framework represents a significant evolution of the B Corp journey, introducing requirements, verified by independent third parties, that are even clearer and more structured, and requiring companies to demonstrate concrete performance and progress in priority impact areas, including governance and purpose, climate action, human rights, fair work, environmental protection and circularity, justice, equity, diversity and inclusion, and finally collective action to promote systemic change.

The company’s journey

For Illycaffè, the recertification is part of a long-term journey founded on the conscious management of its actions towards its own stakeholders: from coffee-producing communities to employees, from business partners to consumers, and ultimately the areas where the company operates. The recertification confirms Illycaffè’s desire to continue operating according to principles of responsibility and stakeholder governance, helping to promote a more inclusive, equitable and long-term-oriented economic model.

Comments

“Being part of the B Corp movement means embracing a vision of business that measures its success not only through economic results, but also through its ability to contribute responsibly and continuously to the well-being of people, communities and the environment,” declares Cristina Scocchia, CEO of Illycaffè. “Recertification according to the new standards represents an important achievement and, at the same time, a further incentive to continue on our path of improvement, with rigour, transparency and consistency with the values that have always guided the way we do business.”

“Illycaffè’s recertification according to the new B Lab standards represents an important success for the coffee sector and for the B Corp movement. As a certified B Corp, Illycaffè has demonstrated that it meets the standards relating to social and environmental performance, transparency and accountability. At a time when expectations of businesses continue to increase, Illycaffè is demonstrating that leadership means being willing to undergo assessments and independent verification, and to take responsibility for meeting global standards. We are proud that Illycaffè has renewed its commitment to the B Corp movement, operating for the benefit of people and the planet,” declares Juliette Caulkins, managing director of B Lab Europe.

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.