Farmy receives B Corp certification
Farmy has been B Corp certified with 103.6 points since May 2022. With this step, Farmy joins a global movement that is moving towards a more sustainable form of business.
Global brands such as Patagonia, Ben & Jerry's and Weleda are already B Corp certified. "B Corp" stands for "Benefit Corporations," companies that meet the highest standards for audited performance, accountability and transparency. "B Corp" companies strive to use business as a force for good, and that comprehensively measure and manage their social and environmental impacts. Those who achieve this certification must withstand an extremely rigorous assessment of their company's environmental and social impact and governance.
New also belongs to the Swiss online market Farmy joins the ranks of B Corp certified companies. The certification recognizes, among other things, the promotion of regional and organic value chains as well as the strong links with regional organic farming and customers in the metropolitan regions of Zurich and Lake Geneva.
Farmy also scores points for taking into account and satisfying customer needs, for example with regard to data protection and the regular integration of customer surveys. The innovative and effective processes of the operational business are also recognized, including the avoidance of food waste.
In terms of operations, Farmy has already set itself further milestones: Examples include the expansion of the e-fleet for the fine distribution of food, and the health and safety concept for employees is to be further expanded. In addition, cooperation with producers will continue to be strengthened with regard to optimizing the value chain.
What does B Corp mean?
The name of the certification is made up of the "B" for "benefit" and "Corp" for "Corporation". B Corp certification is a sign that a company meets high standards for audited performance, accountability and transparency. Companies that have been awarded B Corp certification have been audited for the highest social and environmental criteria, transparency and accountability. From the value chain to input materials, donations to non-profit organizations and employee bonuses, the company is holistically scrutinized. The social-ecological impact of the core business as well as operations is measured through a comprehensive set of 200 questions in five different impact areas of the B Impact Assessment, or BIA - governance, employees, community, environment and customers:inside. A verified score of at least 80 out of 200 is required for a company to be certified and accepted into the B Corp community.
Long-term commitment
In addition to achieving at least 80 points on social and environmental performance, Farmy had to undergo a risk assessment and legally commit to a corporate governance structure. This structure is designed to make Farmy transparent and accountable to all stakeholders, not just shareholders.
Furthermore, Farmy should give his consent for information about the company's social and environmental performance to be made transparent. This can be viewed in his B Corp profile in the B Lab online B Corps directory. Re-certification takes place every three years.
