B-Plas Benefit Corporation
B-Plas is a Benefit Corporation that represents an evolution of the traditional concept of a company.
If traditional companies have the sole purpose of distributing dividends to shareholders, the Benefit Corporations add and integrate into their corporate purpose the aim of generating value for all stakeholders, by creating a positive impact on society and the biosphere.
Italy was the first to introduce Benefit Corporation status in Europe (Law no. 208/2015 – art.1, paragraphs 376 to 384), and the first in the world after the USA. The Benefit Corporations require their managers and shareholders to broaden the company’s mission, and stand out on the market from all other corporate forms, through a virtuous and innovative legal form.
B-Plas voluntarily integrates to profit objectives other purposes of common benefit, in the exercise of the business activity. By common benefit we mean the pursuit of positive effects on people, communities, territories and the environment, cultural and social assets, and other stakeholders. The Benefit Corporations pursue these purposes in a responsible, sustainable and transparent way, and commit management and shareholders to higher standards of purpose, accountability and transparency.