Benefit Corporation

BENEFIT: A NEW ENTREPRENEURIAL PARADIGM

AWARE OF BEING A FUNDAMENTAL COMPONENT OF THE TECHNOLOGICAL PRODUCTION CHAIN, WE PERSONALLY EMBRACE THE RESPONSIBILITY THAT THIS ROLE PLAYS IN REDUCING INEQUALITY, COMBATING POVERTY, AND IMPROVING HEALTH CONDITIONS.

Benefit Corporations (SB) represent an evolution of the very concept of a company. While traditional corporations exist solely to distribute dividends to shareholders, Benefit Corporations embody a more advanced paradigm: they integrate into their corporate purpose not only profit objectives but also the goal of generating a positive impact on society and the biosphere.

A Benefit Corporation is a legal tool that establishes a strong foundation for long-term mission alignment and the creation of shared value. It helps safeguard the mission during capital increases and leadership changes, provides greater flexibility in assessing potential sales, and ensures the preservation of the mission even in cases of generational transitions or stock market listings.

This is not about Social Enterprises or a shift towards non-profit models, but rather a positive transformation of dominant for-profit business models, making them more suited to the challenges and opportunities of 21st-century markets.

Since January 2016, Italy has been the first country in Europe—and the first in the world outside the USA (where the Benefit Corporation legal form, equivalent to the Italian Società Benefit, was introduced in 2010 and is now recognized in 33 states)—to introduce Benefit Corporations. This allows entrepreneurs, managers, shareholders, and investors to protect their company’s mission and differentiate themselves in the market through a virtuous and innovative legal framework.

Management