Good practice:

The Benefit Corporation Model: Fratelli Carli S.p.A.

Fratelli Carli is a historical olive oil company founded in 1911; since then, it has been selling goods directly to its customers, by mail order and delivery, right to the door and over the world. Starting from the 2000s, the company also gave life to a retail chain presently including 5 Empori, namely in Imperia, Turin, Milan, Padua and Cuneo.
The company produces and sells olive oil, products preserved in olive oil typical of Liguria as well as of the Mediterranean culinary tradition; gastronomy-products having olive oil as the basic ingredient of their special tastiness. Additionally, there is also a range of wines and cosmetic products.
Fratelli Carli has embarked, with great conviction, on a personal path towards sustainable innovation in the respect of the environment. In 2014, Fratelli Carli became the first Italian manufacturing company recognized as B Corp (Benefit Corporation).
B Corps are for-profit companies certified by the non-profit B Lab (US) to meet rigorous standards of social and environmental performance, accountability, and transparency. The assessment is made through a web-tool named B Impact Assessment. Business scoring over 80/200 con be certified as they are generating value and are optimising the value allocation between multiple stakeholders, the community and the environment.

The B Impact Assessment tool is freely available online with no limitations. In order to state publicly the company score, businesses must pay an annual fee to B Lab, the non-profit organisation based in US that manage the B Corp brand and system.

Fratelli Carli has obtained the recognition of the best B Corp in the world in the category of companies with more than 250 employees, in terms of environmental protection activities.
In 2016, Fratelli Carli scored 97 in the B Lab’s B Impact Assessment, +7.7% higher than in 2014. Most significant improvements have been registered in the Community and Governance axis of the model.

Today, there is a growing community of more than 2,100 Certified B Corps from 50 countries and over 130 industries working together toward one unifying goal: to redefine success in business.
Individually, B Corps meet the highest standards of verified social and environmental performance, public transparency, and legal accountability, and aspire to use the power of markets to solve social and environmental problems.
Collectively, B Corps lead a growing global movement of people using business with a purpose that goes beyond monetary values. Enterprises can be powerful drivers for social and environmental change if managed accordingly. As we manage what we measure, B Lab and the B Corp movement have invest on a open web-based assessment tool (B Impact Assessment Index) that is fully scalable and accessible with no costs for the users. The portal is collecting data and providing finetuned information for developing the business in order to be the best for the world.