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.”
Following an extensive restructuring, AlgaEnergy is proud to partner with DE SANGOSSE Group through a soon to be finalized deal that will enable a concentrated focus on its agricultural markets. Previous business verticals including cosmetics, bioenergy, aquaculture and nutraceuticals will be discontinued, allowing a single-minded focus on solutions for agricultural markets, specifically agribiological inputs (biostimulants, biofertilizers and biocontrol).25 May, 2023
On November 16th, 2022 open voting for the Board of Directors of the European Biostimulants Industry Council (EBIC) took place, resulting in the election of AlgaEnergy’s Managing Director – Carlos Rodríguez-Villa as Vice President of the board – with 95 percent of the participatory vote.01 December, 2022
Alcobendas City Council has awarded us with this award "which recognizes business excellence", delivered by the Mayor of Alcobendas, Aitor Retolaza.28 October, 2022
We were one of the 15 companies selected -among more than 200 applications from 27 countries- to participate in the 11th edition of the Social Innovation Tournament, organized by the EIB Institute, obtaining the second prize in the 'Blue and Green Economy' category.30 September, 2022
Decoding how AlgaEnergy’s solutions energize crop gene expression in less than 2 hours.26 September, 2022
Carlos Rodríguez-Villa, Managing Director of AlgaEnergy, gave a TED talk in which he showed how, through innovation, the goals set in the 2030 Agenda can be achieved.23 September, 2022
The biotechnology company has joined and completed the first phase of the EIC Greenhouse Gas (EIC GHG) Programme, promoted by the European Innovation Council, with the aim of measuring, reducing and offsetting the carbon footprint of European companies.16 September, 2022
The biotechnology company is one of the only two companies invited to show that through innovation the goals set in the 2030 Agenda can be achieved.09 September, 2022
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
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