This week, Campania-based firm, Tenute Capaldo Group introduced that it’s now a B-Corp. The Group includes the Feudi di San Gregorio vineyard in Irpinia, estates in Bolgheri (Campo alle Comete) and Basilicata (Basilisco), and its two Marennà eating places (one positioned on the Feudi vineyard and the opposite in Capodichino Airport).
What’s a B-Corp?
The B-Corp is likely one of the most rigorous certifications on the planet associated to defining social, environmental and governance greatest practices for companies. The B-Lab web site describes its B-Corp certification as ‘a designation {that a} enterprise is assembly excessive requirements of verified efficiency, accountability, and transparency on components from worker advantages and charitable giving to produce chain practices and enter supplies.’
B-Lab lists three key components that should be addressed in an effort to change into B-Corp-certified:
- Display excessive social and environmental efficiency by reaching a B Impression Evaluation rating of 80 or above and passing our threat overview. Multinational firms should additionally meet baseline requirement requirements.
- Make a authorized dedication by altering their company governance construction to be accountable to all stakeholders, not simply shareholders, and obtain profit company standing if accessible of their jurisdiction.
- Exhibit transparency by permitting details about their efficiency measured towards B Lab’s requirements to be publicly accessible on their B Corp profile on B Lab’s web site.
Round 100 firms in Italy maintain B-Corp certification, though Tenute Capaldo Group is considered one of only a small variety of wineries – and it’s the solely vineyard in Italy to carry each B-Corp and Equalitas certification (the latter was granted in August 2021).
Reaching B-Corp certification is simply the lastest achievement in Tenute Capaldo Group’s sustainability funding plan during the last 5 years, regarded as price round €25 million. Different initiatives embrace turning into a founding member of Co2alizione Italia in Might 2021 – an initiative of a small group of main firms commited to carbon neutrality – and the implementation of more and more low-impact cultivation strategies, developed in partnership with nationwide and worldwide analysis centres.
Group president, Antonio Capaldo commented that ‘the ultimate goal [is] to determine the corporate as a constructive and regenerative pressure for the atmosphere and the neighborhood.’
