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.”
This represents a significant capital increase that AlgaEnergy and its management team will leverage to strengthen its international footprint.12 July, 2021
During the 3-day event, the company introduced SynCro™️, its line of new biostimulants based in microalgae developed exclusively for the French market01 July, 2021
Organized by the leading debate organization in Spain, Nueva Economía Forum, the conference will be broadcasted live and on streaming, next Wednesday 26th of May.17 May, 2021
The biotechnology company joins the more than 12,500 signatories of this initiative around the world, which seeks to strengthen private sector alliances to achieve the SDGs.21 April, 2021
The biotechnology company has been selected as a finalist in two important categories: International Development and SME of the year.14 April, 2021
The microalgae biotechnology company joins 3,800 B Corporations worldwide that are reinventing business by pursuing purpose as well as profit.23 March, 2021
Augusto Rodríguez-Villa, President of the biotechnology company, participated in a round table that highlighted the role of biotechnology as a strategic sector for the economic recovery of Spain and Europe.04 March, 2021
His important contributions to science have been especially valued by the jury, made up of experts from the biotechnology sector, including the General Manager of AlgaEnergy.02 March, 2021
Sarkar was named Business Leader of the Year at today’s 19th Global Edition of the World Leadership Congress & Awards in Mumbai.24 February, 2021
AlgaEnergy will become exclusive worldwide distributor of Laboratoire M2 biocontrol products and will collaborate with the Quebec company’s scientists on new disease-control products for agriculture.12 January, 2021