Raiffeisen Servizi Assicurativi Srl SB

Certified B Corporation
Headquarters

South Tyrol, Italy

Certified Since

May 2019

Industry

Non-life insurance

Sector

Service with Minor Environmental Footprint

Operates In

Italy

The Raiffeisen Versicherungsdienst Ltd is the insurance specialist in the Autonomous Province of Bolzano - South Tyrol (Italy). The company offers, regardless of income and financial possibilities, an optimal coverage of personal needs. Since its foundation in 1990 the company creates the conditions for the Raiffeisen Banks in South Tyrol to carry out the insurance business in favor of local private households and businesses. By specially developed insurance solutions the Raiffeisen Versicherungsdienst offers a unique insurance coverage to families in order to provide them access to non-public health services and protection against financial difficulties in the event of disability or death. In the corporate customer segment alike, the Raiffeisen Versicherungsdienst hedges small and medium-sized enterprises, craft enterprises and all other occupational categories of local minorities in the property, personal and casualty sector. Mountain farmers can make use of a customized insurance program in order to protect themselves against sever financial risks. Finally, the company’s bilingual customer assistance in the claims management presents a significant benefit for the linguistic minorities in remote areas of South Tyrol.

Overall B Impact Score

Based on the B Impact assessment, Raiffeisen Servizi Assicurativi Srl SB earned an overall score of 83.7. The median score for ordinary businesses who complete the assessment is currently 50.9.
83.7
83.7 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 10.0

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
Corporate Accountability1.6
Ethics1.4
Transparency3.7
+ Mission Locked2.5

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 24.2

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.

Compensation & Wages2.8
Benefits13.4
Training & Education1.1
Worker Ownership0.0
Management & Worker Communication3.1
Job Flexibility/Corporate Culture2.8

Community 39.8

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.

Job Creation0.0
Diversity & Inclusion0.6
Civic Engagement & Giving4.6
Local Involvement10.5
Suppliers, Distributors & Product2.0
+ Local Economic Development21.3

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.


Environment 5.6

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.

Land, Office, Plant2.4
Inputs1.8
Outputs0.7

Customers 3.9

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.

+ Health & Wellness Improvement3.9
+ Serving in Need Populations0

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.



Previous Overall B Impact Scores

2019 Overall B Impact Score83.7

B Labs Logo - Home Link

Sign up to our Insights newsletter, a monthly digest of the latest news on economic systems change from B Lab Global.

We take the security of your data seriously, read our privacy policy for further information. For newsletter communications relating to your local region, please visit Global Partner sites to subscribe.

Copyright © 2022 B Lab. All rights reserved.