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.”
The microalgae biotechnology company joins 3,800 B Corporations worldwide that are reinventing business by pursuing purpose as well as profit.23 March, 2021
Augusto Rodríguez-Villa, President of the biotechnology company, participated in a round table that highlighted the role of biotechnology as a strategic sector for the economic recovery of Spain and Europe.04 March, 2021
His important contributions to science have been especially valued by the jury, made up of experts from the biotechnology sector, including the General Manager of AlgaEnergy.02 March, 2021
Sarkar was named Business Leader of the Year at today’s 19th Global Edition of the World Leadership Congress & Awards in Mumbai.24 February, 2021
AlgaEnergy will become exclusive worldwide distributor of Laboratoire M2 biocontrol products and will collaborate with the Quebec company’s scientists on new disease-control products for agriculture.12 January, 2021
AlgaEnergy’s clients are proud of being so and want to highlight to the end consumer the superior quality of their food products, result of having used the biotechnology company's microalgae-based biostimulants.16 December, 2020
The biotechnology company has actively participated in the three sessions of this important meeting, which it also supported as the main sponsor.01 December, 2020
The event, organized by the European Innovation Council, was focused on the Green Deal initiatives of the European Commission.16 November, 2020
The biotechnology company has hired researcher Francisco José Romero-Campero as an advisor on computational biology of systems, bioinformatics and artificial intelligence.04 November, 2020
The President of AlgaEnergy participated in the program ‘La Redacción Abierta de la mañana’, a reference program of the TV channel owned by Grupo Intereconomía.14 October, 2020