AlgaEnergy, S.A.

Certified B Corporation
Headquarters

Madrid, Spain

Certified Since

February 2021

Industry

Agricultural Processing

Sector

Manufacturing

Operates In

Australia,

Brazil,

France,

India,

Italy,

Japan,

Mexico,

Portugal,

Spain,

United States

AlgaEnergy is a biotechnology-based company specialized in the science of microalgae. Participated by the multinational company YOKOGAWA, in the ranking of the 100 Most Sustainable Companies of the World, the company consolidates over 4 decades of state-of-the-art expertise related to microalgae, generated by the main specialized universities, and has invested millionaire resources in applied R&I, positioning itself as the main international reference in this field. AlgaEnergy’s mission is to develop and commercialize innovative high-quality products derived from microalgae, targeting specific needs in different industries. At AlgaEnergy, R&I is the seed of all the high-value products we produce for a variety of market sectors. Our firm commitment to innovation propels us to develop innovative, sustainable and, above all, highly effective solutions for industries in which microalgae have an immense application potential. Currently, AlgaEnergy has products and solutions, based on different microalgae, for agriculture, nutrition (both human and animal), cosmetics and aquaculture. We are studying the immense application potential of microalgae for the pharmaceutical, biomaterials and biofuels sectors.

Overall B Impact Score

Based on the B Impact assessment, AlgaEnergy, S.A. earned an overall score of 85.4. The median score for ordinary businesses who complete the assessment is currently 50.9.
85.4
85.4 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 13.6

The Governance Impact Area evaluates a company's overall mission, engagement around its social and environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement0.7
Ethics & Transparency2.9
+ Mission Locked10

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Workers 19.2

The Workers Impact Area evaluates a company's contributions to its employees' financial security, health and safety, wellness, career development, as well as overall engagement and satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Financial Security4.0
Health, Wellness, & Safety5.0
Career Development3.6
Engagement & Satisfaction2.9

Community 6.8

The Community Impact Area evaluates a company's engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity, and inclusion; economic impact; civic engagement; charitable giving; and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Diversity, Equity, & Inclusion1.6
Economic Impact1.2
Civic Engagement & Giving1.3
Supply Chain Management2.0

Environment 43.1

The Environment Impact Area evaluates a company's overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company's operations and, when applicable, its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Environmental Management3.9
Air & Climate1.0
Water2.0
Land & Life2.9
+ Environmentally Innovative Manufacturing Process20.4
+ Toxin Reduction / Remediation12.7

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Customers 2.6

The Customers Impact Area evaluates a company's stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts and media products, serving underserved customers or clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship2.6


Previous Overall B Impact Scores

2021 Overall B Impact Score85.4

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