The microalgae biotechnology company joins 3,800 B Corporations worldwide that are reinventing business by pursuing purpose as well as profit.
AlgaEnergy, the Spain-based global leader in microalgae biotechnology with business units in Europe, the Americas, Africa and the Asia-Pacific, is the first microalgae-biotechnology company in the world to become a B Corporation (B Corp).
AlgaEnergy joins a community of over 3,800 businesses globally that are B Corps. Other global brands that are B Corps include Patagonia, Triodos Bank, Danone, Alpro, Ben & Jerry’s, Harris-Woolf Almonds, Burton, Swell, Tillamook, WeTransfer and Innocent. The distinction, which was verified by B Corp’s independent Standards Advisory Council in the U.S. and B Lab, Spain’s official B Corp certifying agency, is awarded to companies that meet a rigorous set of social and environmental standards that represent a commitment to goals outside of shareholder profit.
“We are all elated to celebrate this achievement,” said Augusto Rodríguez-Villa, founder of AlgaEnergy. “We began the rigorous certification process in 2019. Becoming a B Corp is not only a first for our industry sector. It is also a recognition that our company and our employees value people and our planet first."
B Corp is the only standard that measures a company’s entire social and environmental performance, transparency and accountability. To gain B Corp status, a company must verify a high standard of socially and environmentally responsible practices related to energy supplies, waste and water use, worker compensation, working conditions, employee benefits, equal opportunities and diversity. Verification of standards related to governance, workers, community, environment and customers must be renewed and independently verified at least every three years.
Pablo Sanchez, Executive Director of B Lab Spain, said, “We are delighted to welcome AlgaEnergy to the B Corp community. This is a movement of companies that are committed to changing how business operates, who believe business really can be a force for good.”
They visited the Technological Plant for Experimentation with Microalgae (PTEM) of the biotechnology company to learn about the evolution of the work carried out by the MicroClimatt Operational Group.17 May, 2022
The Board of Directors of the business association has approved the incorporation of the biotechnology company to CEOE.03 May, 2022
AlgaEnergy attended, on 20-21st April 2022, to the event BioAg Asia 2022 organised by the Agriculture Today Group.29 April, 2022
CEPYME has awarded the company's international expansion plan, which already has a presence in more than 20 countries and has more than 3 million customers worldwide.26 April, 2022
The biotechnology company has been invited to participate in several activities that will take place within the framework of this benchmark event in innovation and sustainable development.21 April, 2022
The biotech company has been awarded and recognized as the "best business initiative oriented to the SDGs".24 March, 2022
Joining the Spanish Association of Agronutrient Manufacturers (AEFA) is another milestone in the positioning of the biotechnological company in the Spanish market.02 March, 2022
AlgaEnergy had the privilege to share its disruptive vision and strategy that will define its commercial track for the next several years, as well as present the results of recent studies.16 December, 2021
Augusto Rodríguez-Villa, President of the biotechnology company, will continue as a member of the Board of Directors of the Spanish Bioindustry Association (AseBio).15 December, 2021
Carlos Rodriguez-Villa, General Manager of the biotech company, joins the Board of Directors of the European Biostimulants Industry Council (EBIC).25 November, 2021