Symington Family Estates

Certified B Corporation
Headquarters

Porto, Portugal

Certified Since

July 2019

Industry

Agricultural Processing

Sector

Agriculture/Growers

Operates In

Portugal

The Symingtons of Scottish, English and Portuguese descent have been Port producers in northern Portugal since 1882. For five generations they have combined their passion for producing fine wines and Ports with a deep commitment to the region’s land and people. Today, ten Symingtons work across their four famous Port houses: Graham’s, Cockburn’s, Dow’s and Warre’s, as well as their Douro wine projects – Quinta do Vesuvio, Quinta do Ataíde, Altano and Prats & Symington (of Chryseia fame) – and a new venture, Quinta da Fonte Souto in the Alto Alentejo. Symington Family Estates is one of the leading premium Port producers and the family are the leading vineyard owners in the Douro, with 26 Quintas covering 2,462 hectares, of which 1,114 ha are vineyard. All their vineyards are sustainably managed under a minimum intervention certification and 130 ha are organically farmed, the largest area of organic vineyard in northern Portugal.

Overall B Impact Score

Based on the B Impact assessment, Symington Family Estates earned an overall score of 84.0. The median score for ordinary businesses who complete the assessment is currently 50.9.
84
84 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 8.7

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 & Engagement2.4
Ethics & 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 24.9

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, & Safety7.6
Career Development3.1
Engagement & Satisfaction5.6

Community 21.1

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, & Inclusion3.8
Economic Impact5.5
Civic Engagement & Giving3.0
Supply Chain Management5.1
+ Supply Chain Poverty Alleviation3

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 27.0

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 Management3.1
Air & Climate4.0
Water4.0
Land & Life14.3

Customers 2.2

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 Stewardship2.2


Previous Overall B Impact Scores

2019 Overall B Impact Score84

Additional Documentation

Symington Family Estates Disclosure Report 2019


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