In order to obtain Benefit Corporation certification, a company must pass a rigorous assessment and control procedure, called the Benefit Impact Assessment, that covers the company’s entire operation and analyses each aspect of its production and organizational model.
The assessment, that focuses on practices, initiatives and results obtained in terms of sustainability, generates a final score and evaluates four main areas:
1. Governance: the value model of reference in terms of transparency, fairness and competence.
2. Workers: the system of relations with the workers in terms of ensuring their rights and the enhancement of their skills and personal aspirations.
3. Community: the capacity to see the company as an active member of society, with impacts on suppliers, clients and the local community.
4. Environment: monitoring of all production chain phases as regards the level of environmental sustainability of processes and products.