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AlgaEnergy: the first company in the world in its sector to become B Corporation

23 March, 2021

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.

LAST NEWS:

AlgaEnergy, new partner of the Technology Platform Food for Life-Spain

AlgaEnergy, new partner of the Technology Platform Food for Life-Spain

The PTF4LS, led by the Spanish Food and Drink Industry Federation (FIAB), promotes the transmission of research, scientific and technological advances through public-private collaboration between the main agents in the agri-food sector.

27 July, 2022
AlgaEnergy participates in an event organized by Expansión to highlight the role of the circular economy as a driver for economic reactivation

AlgaEnergy participates in an event organized by Expansión to highlight the role of the circular economy as a driver for economic reactivation

Organized by the economic information newspaper Expansión and the Constucía group, the agenda included a round table with the participation of María Segura, Deputy General Manager of AlgaEnergy. 

06 July, 2022
Statement: AlgaEnergy laments the death of Mario Tredici, Honorary President of the EABA

Statement: AlgaEnergy laments the death of Mario Tredici, Honorary President of the EABA

With numerous publications on microalgae biotechnology and important contributions to the design and implementation of photobioreactors, Tredici represents a world reference in applied phycology research.

21 June, 2022
AlgaEnergy participates in a meeting with Ambassadors for the European Climate Pact in Spain and the European Commission

AlgaEnergy participates in a meeting with Ambassadors for the European Climate Pact in Spain and the European Commission

Organized by the Spanish Bioindustry Association (AseBio), the meeting was attended by Katerina Fortun, from the Directorate General for Climate Action of the European Commission.

20 June, 2022
AlgaEnergy brings, together with AseBio and the MNCN, science to society

AlgaEnergy brings, together with AseBio and the MNCN, science to society

Within the framework of World Environment Day, AseBio and the MNCN-CSIC organized a conference to bring more than 1,000 people closer to the role of science in protecting the planet.

07 June, 2022
AlgaEnergy participates in B Corp's B Good Day

AlgaEnergy participates in B Corp's B Good Day

Augusto Rodríguez-Villa, President of the biotechnology company, was invited to participate in the round table on leadership that was held within the framework of this event, which is a benchmark in impact economy.

06 June, 2022
Representatives of MAPA and the European Commission visit AlgaEnergy

Representatives of MAPA and the European Commission visit AlgaEnergy

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
AlgaEnergy joins CEOE

AlgaEnergy joins CEOE

The Board of Directors of the business association has approved the incorporation of the biotechnology company to CEOE.

03 May, 2022
BioAg Asia 2022: AlgaEnergy wins Best Biostimulant product and BioAg CEO awards

BioAg Asia 2022: AlgaEnergy wins Best Biostimulant product and BioAg CEO awards

AlgaEnergy attended, on 20-21st April 2022, to the event BioAg Asia 2022 organised by the Agriculture Today Group.

29 April, 2022
AlgaEnergy receives the CEPYME International Development Award

AlgaEnergy receives the CEPYME International Development Award

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