Flowe S.p.A. SB
Metropolitan City of Milan, Italy
December 2021
Mobile applications
Service with Minor Environmental Footprint
Italy
Flowe is an Electronic Money Institution, founded by Banca Mediolanum, that supports businesses in evolving their digital payment solutions. We offer technological expertise, experience, and licenses to develop secure, high-impact, tailor-made branded payment systems, thanks to our embedded finance infrastructure. We believe payments are not just a commodity, but a strategic tool for driving change. That’s why we design regenerative payment solutions, built to support conscious, scalable business models that benefit both people and the planet. Since day one, we have chosen to be Sustainable by Design. As a Benefit Corporation and certified B Corp, we are committed to leading the transition towards a regenerative economy, reducing and offsetting our environmental impact, and fostering a virtuous ecosystem where every payment can become an action of value. The synergy between vision, expertise, and flexibility makes us the ideal partner for companies looking to innovate responsibly.
Overall B Impact Score
Governance 19.0
Governance evaluates a company's overall mission, engagement around its social/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.
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 35.1
Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & 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.
Community 16.9
Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & 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.
Environment 4.9
Environment 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.
Customers 4.5
Customers 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 & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.