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Alvinesa is now a B Corporation

29 February 2024: circular economy leader of sustainable plant-based ingredients, Alvinesa Natural Ingredients has announced today it is now a B Corporation (or B Corp), joining a growing group of companies reinventing business by pursuing purpose as well as profit. Alvinesa has been certified by B Lab, the not-for-profit behind the B Corp movement, as having met rigorous social and environmental standards which represent its commitment to goals outside of shareholder profit.

The B Corp standard addresses the entirety of a business’ operations and covers five key impact areas of Governance, Workers, Community, Environment and Customers. The B Corp process is rigorous, with applicants required to reach a benchmark score of over 80 while providing evidence of socially and environmentally responsible practices relating to energy supplies, waste and water use, worker compensation, diversity and corporate transparency. To complete the certification, the company will legally embed their commitment to purpose beyond profit in their company articles.

Alvinesa is now part of a community of over 6000 businesses globally who have certified as B Corps. The B Corp Community is reflective of the European economy with businesses from a cross section of industries and sizes. These include well known brands like innocent, Patagonia, Alpro, Triodos Bank, Alessi, Ecoalf and Innocent.

Recent attention on the nutraceutical, food and animal industry makes Alvinesa’s B Corp Certification a notable step, and signals a shift towards greater accountability and transparency in the sector.

Pablo Sanchez, Executive Director of B Lab Spain, says “We are delighted to welcome Alvinesa to the B Corp Community. This is a movement of companies who are committed to changing how business operates, who believe business really can be a force for good. We know that Alvinesa is going to be a fantastic addition to the community and will continue driving the conversation forward”.

“Being able to welcome Alvinesa to the B Corp Community is hugely exciting. Their commitment to doing business differently will be an inspiration to others and really help spread the idea that we can redefine success in business to be as much about people and planet as it is about profit”.

About B Lab Spain

B Lab Spain is transforming the economy to benefit all people, communities, and the planet. As a leader in economic systems change, our global network creates standards, policies, and tools for business, and we certify companies—known as B Corps—who are leading the way. To date, our global community includes over 6000 B Corps in 84 countries and 150 industries, and over 200,000 companies manage their impact with the B Impact Assessment and the SDG Action Manager. http://bcorpspain.es 

About Alvinesa Natural Ingredients

Alvinesa is a “circular economy” leader of sustainable plant-based ingredients based in Spain. The company upcycles and transforms coproducts into valuable natural ingredients that promote healthy living. Alvinesa sells an extensive range of natural ingredients made from grape and olive pomace, including organic, for use in the nutraceutical, food, beverage, animal health, wine-making, cosmetics and personal care industries. The portfolio includes a wide selection of natural antioxidants (grape and olive extracts rich in polyphenols), natural color (anthocyanins), wine concentrates, natural tartaric acid, grape seed oil and alcohol.

Alvinesa's core business lies in 'Zero Waste', using 100% of the raw material. We do not destroy food to make ingredients!

With more than 75 years of manufacturing and extraction expertise, Alvinesa controls a sustainable, traceable, and waste prevention supply chain. 95% of the energy we use is self-produced from renewable sources including our own biomass and photovoltaic plant.

Alvinesa has a global presence, exporting to more than 20 countries.

www.alvinesa.com

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