SOCIETA’ BENEFIT

Il business come forza positiva

Business as a positive force

Sin dalla sua fondazione, Circularity ha volontariamente assunto lo status di Società Benefit, per rafforzare l’impegno, alla base del proprio business, a migliorare il contesto ambientale e sociale nella quale opera.

Circularity, in qualità di Società Benefit, persegue volontariamente, oltre allo scopo di lucro anche una o più finalità di beneficio comune nell’esercizio dell’attività d’impresa, dove per beneficio comune si intende il perseguimento di uno o più effetti positivi (perseguibili anche riducendo gli effetti negativi) su persone, comunità, territori e ambiente, beni ed attività culturali e sociali, enti e associazioni ed altri portatori di interessi.
In quanto Società Benefit si impegna a realizzare tali finalità di beneficio comune in modo responsabile, sostenibile e trasparente.

La gestione delle Società Benefit richiede agli amministratori una rendicontazione trasparente e completa delle proprie attività attraverso una relazione annuale di impatto, che descriva sia le azioni svolte che i piani e gli impegni per il futuro. Al momento della redazione di questo documento, le Società Benefit non godono di incentivi di tipo economico o fiscale, per cui oltre a rappresentare un valore per la società, non causano aggravi per i contribuenti.

La Relazione di Impatto che le Società Benefit sono tenute a redigere ogni anno costituisce un allegato del bilancio d’esercizio e contribuisce ad aumentare la trasparenza aziendale completando le informazioni di natura finanziaria con una serie di importanti indicazioni di carattere non finanziario inerenti le finalità di Beneficio Comune incluse nello statuto. Per la misurazione quantitativa dell’impatto Circularity ha scelto il B Impact Assessment come protocollo di misurazione.

Since its foundation, Circularity has voluntarily assumed the status of a Benefit Corporation to reinforce the commitment at the heart of its business to improving the environmental and social context in which it operates. Unlike the typical economic and entrepreneurial model represented by the aim of creating value in the exclusive interest of shareholders, a Benefit Corporation represents a way of doing business that combines the need to pursue economic results with the need to satisfy interests other than those of shareholders, through the responsible and sustainable use of the resources necessary to carry out the production process, aimed at creating value shared with its stakeholders. Benefit Corporations are an evolution of the very concept of doing business and choosing this legal form allows us to make our mission even more explicit.

Benefit Corporations have two fundamental characteristics: – they explicitly declare their commitment to all stakeholders in their corporate purpose; – they measure their results in terms of their positive impact on society and the environment with the same thoroughness and rigour applied to their economic and financial results.

Circularity, as a Benefit Corporation, voluntarily pursues, in addition to the purpose of profit, one or more common benefit purposes in carrying out its business activities, where common benefit means the pursuit of one or more positive effects (which can also be achieved by reducing negative effects) on people, communities, local areas and the environment, cultural and social assets and activities, bodies and associations and other stakeholders. As a Benefit Corporation, it is committed to achieving these common benefit objectives in a responsible, sustainable and transparent manner.

Management of Benefit Corporations requires directors to strike a balance between the interests of shareholders, the interests of the community and a commitment to the pursuit of these goals. This is accompanied by transparent and comprehensive reporting on its activities through an annual impact report, describing both its actions and its future plans and commitments. At the time of writing, Benefit Corporations do not enjoy any economic or tax incentives, so in addition to providing value to society, they do not impose any burden on taxpayers.

The Impact Report that Benefit Corporations are required to prepare each year is an appendix to the annual financial statements and helps to increase corporate transparency by supplementing the financial information with a series of important non-financial disclosures relating to the Common Benefit goals included in the articles of association.

To quantitatively measure its impact, Circularity has chosen B Impact Assessment as its measurement protocol.