Icma Srl SB

Certified B Corporation

Lombardy, Italy

Certified Since

May 2020


Paper & paper products



Operates In


ICMA produces bespoke papers for presentation packaging. With over 85 years of history, its exquisite papers, coveted by the most prestigious luxury houses, have adorned the gifts of Popes and Heads of State. Founded in 1933 by Matilde Carcano, one of Italy's pioneering female entrepreneurs, the company has remained in the hands of women through a direct line of succession. Matilde was followed by Elena, Silvia, and now Elena Maria Carla, each bringing innovation and growth to the family business. ICMA's mission is to create beauty through innovation, transforming paper in an ethical and sustainable way. The company upholds values of ethics, culture, dignity at work, and sustainability, passing these principles from generation to generation under the leadership of the women at its helm. In 2021, ICMA launched the brand Manamant to make its renowned papers accessible to everyone. Manamant was created to cater to private individuals who could not meet the minimum order quantities required by the family business. This led to the creation of an eCommerce platform, making ICMA's high-quality papers available to a broader audience.

Overall B Impact Score

Based on the B Impact assessment, Icma Srl SB earned an overall score of 103.6. The median score for ordinary businesses who complete the assessment is currently 50.9.
103.6 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 14.2

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.

Mission & Engagement1.3
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 25.9

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.

Financial Security3.8
Health, Wellness, & Safety8.7
Career Development3.0
Engagement & Satisfaction5.3

Community 17.9

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.

Diversity, Equity, & Inclusion3.9
Economic Impact3.2
Civic Engagement & Giving2.4
Supply Chain Management5.7

Environment 41.6

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.

Environmental Management6.1
Air & Climate7.3
Land & Life8.0
+ Resource Conservation1.2
+ Land/wildlife Conservation11.6

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 3.8

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.

Customer Stewardship3.8

Previous Overall B Impact Scores

2024 Overall B Impact Score103.6
2020 Overall B Impact Score84.6

Additional Documentation

ICMA_Disclosure Report 2024

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