In 2016 the Davines Group joined the family of B Corps with a score of 99.
In 2020, thanks to the efforts made, we have re-certified, improving our score up to
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From 99 to 117.4! No, we are not crazy, it’s our new B Corp score! What does this number mean? That since our first certification in 2016, we have increased our actions to improve our impact on the environment and people. One example: we made our Davines Village and all our subsidiaries worldwide carbon neutral! 🌱#bcorp #davinesbcorp #davines #sustainablebeauty
Finally the new score
For the Davines Group, 2019 was the year of B Corp recertification. It was an important moment that saw the whole company committed to finalizing the actions that have been implemented since 2016 with the purpose of improving our positive impact on the planet and on the people.
The goal was not only to re-certify as a B Corp but also to carry on our journey inside the most important global network of companies that adopt a sustainable business model.
We wanted to considerably improve the score achieved in 2016 and we succeeded! Three years ago, our score was 99, in 2020 we have achieved a score of 117.4.
Click here for our detailed B Corp score.
117.4 is not just a number
It is a testament to the commitment Davines Group has made to improve its positive impact on the environment and on the people.
This is how we do it:
TRANSPARENT GOVERNANCE: this value guides the relations with all stakeholders - transparency in the creation of a Code of Ethics that guides the relations, in the training of inclusion and in the communication with the suppliers.
PROFESSIONAL DEVELOPMENT: great importance is given to the professional growth of staff through training courses.
100% CARBON NEUTRAL: : in 2019 the Davines Group achieved carbon neutrality reducing and offsetting the carbon dioxide emissions of all its branches worldwide. For more information, read about our EthioTrees Project.
0% WASTE TO DUMPING GROUNDS: 0% of waste generated by the production plant is disposed of in dumping grounds.
THINK GLOBAL, ACT LOCAL:
we aim to benefit the local community through the implementation and development of company volunteer projects and social marketing projects with a positive impact. To learn about how we support the relationship between agriculture & communities, visit isustainbeauty.com.INTERDEPENDENCE: Davines provides support to suppliers and customers in the journey towards a more sustainable way of doing business. Find out more on our commitment towards sustainability in our Sustainability Report.
B Corp, measuring our positive impact
To become a B Corp the company needs to complete a B Impact Assessment, a quantitative procedure that analyzes every aspect of business activity and measures the impact on several areas of interest with an exact score. Only the companies who have scores higher than 80 points out of a total of 200 can become B Corps.
Davines became a B Corp with a score of 99 in 2016, but certification has a validity of three years, after which the assessment procedure must be repeated to make sure that the sustainability standards have been maintained and improved. This is what happened with Davines, and in 2020 we have improved our score up to 117.4 points.
“Measuring and challenging oneself to produce an increasingly more positive impact on the people and the environment is a shared feeling amongst B Corps. We believe that in the future there will no longer be companies that do not share and implement regenerative actions to give back more than they take.”
Sonia Ziveri - Davines Chief Sustainability Officer
Why are B Corps different from other companies?
Being a B Corp means believing in an alternative business model where the respect for people and the environment is the focus of everyday activities.
Davines is not only a Certified B Corporation, but also became a Benefit Corporation too in 2019. What is a Benefit Corporation?
Its purpose is doing business distributing profits and dividends among shareholders.
Instead, B Corporations choose to distribute the value they create not only among shareholders, but also among all stakeholders: employees, suppliers, the local community where the company operates, the environment.
When a company decides to become a Benefit Corporation, it reinforces in its by-laws the commitment to operate not only for profit, but also for the benefit of the planet and the community.
Davines has been a Benefit Corporation since 2019.