Skip to main content

Table 1 Impact areas and Items

From: Acting as a benefit corporation and a B Corp to responsibly pursue private and public benefits. The case of Paradisi Srl (Italy)

Business Model

•Offer of benefits (i.e. health products or healthy foods)

•Training

•Educational Business Model

•Fundraising to support social mission

•Protection of the territory or wildlife

•Franchising

Governance

Corporate Structure

•Integrate the mission into corporate structure

Transparency and Accountability

•Share the accountable information with the employees

•Open book management procedure

•Annual report on the organization’s performance compared to mission

Environment

•Sustainability

•Carry out annual environmental audit to monitor the efficiency of water and energy consumptions and waste production

•Certify the energy

•Create offices and rooms where there are energy efficiency tools (i.e. photovoltaic system, solar panels, energy-saving heating systems)

Customer

•consider the interests of customers as beneficiaries of the general public benefit or specific public benefit purposes

•improve customer loyalty by enabling consumers to differentiate good deeds from merely good marketing

•Collaboration to develop social and environmental standards in the field of affiliation

•Disclosure of performance

Mission and involvement

•Engage in corporate mission commitment to social and environmental responsibility

•Training of employees on the social and/or environmental mission

•Evaluation of employees and managers on the goals of the mission

•Ask for external feedback on social and environmental performance

•Place an external member on the board of directors for social and environmental performance audits

•Transparency of results

•Evaluation of product’s lifecycle

•Plan to reuse and recover products

•Encourage suppliers to initiate audits or environmental audits

Workers

Emoluments/Wages, Benefits and Retribution/Compensation:

•Payment of adequate salary

•Verify that wage levels are in line with the market

•Offer the same benefits as managers to employees

•Offer a social security plan

•Offer a socially responsible investment option within the supplementary social security plan

•Contribute to the upgrading and vocational training of workers

•Offer resettlement services or a good exit package in case of termination of the employment relationship

•Employee shareholding/Workers Ownership:

•Offer stock option

Quality of work environment:

•Health and wellness program

•Manual distribution for employees

•Conducting periodic surveys on the degree of satisfaction and involvement of workers

•Periodically retrieve employee statistics data on turnover, retention and diversity

•Granting flexible employment opportunities

•Presence of a committee of workers with advisory and supervisory powers in the field of health and safety at work

•Equality and diversity

Community

Creation of new job positions:

•Create new jobs for young and disadvantaged people

Diversity:

•Have an open and mixed board of directors that includes women and ethnic minorities

•Have a team of managers and a staff with diversity

•Civic commitment and donations:

•Offer incentives to employees to organize social service days and/or volunteer activities

•Increase the percentage of employees that participate in volunteering activities

•Agreement to support a non-profit organization

•Be a member of an independent organization that certifies charity donations

•Acquire goods and services from local businesses

•Vendors, distributors and local products

•Make social and environmental performance public

•Local suppliers