Renovit S.p.A.

Certified B Corporation
Headquarters

Metropolitan City of Milan, Italy

Certified Since

February 2022

Industry

Environmental consulting

Sector

Service with Minor Environmental Footprint

Operates In

Italy

Renovit is an Italian platform launched by Snam and CDP Equity to promote energy efficiency in apartment buildings, companies and the public administration and to boost Italy’s sustainable development and energy transition. Renovit is one of the main domestic operators in the development of energy efficiency: it enhances Italian entrepreneurial skills and projects by combining a market vision and technical and financial capabilities. Its mission is to enable further growth of the sector, helping to achieve the 2030 domestic energy efficiency targets and to decarbonise the economic system. Renovit adopts an infrastructural approach to energy regeneration. In order to make individual projects an investment for the whole country, Renovit considers the different needs of all the stakeholders impacted by the intervention, from individual buildings or companies to industrial estates and areas, right up to the urban scale.

Overall B Impact Score

Based on the B Impact assessment, Renovit S.p.A. earned an overall score of 82.9. The median score for ordinary businesses who complete the assessment is currently 50.9.
82.9
82.9 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 14.5

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 & Engagement4.4
Ethics & Transparency7.5
+ 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 32.3

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 Security4.1
Health, Wellness, & Safety10.4
Career Development4.7
Engagement & Satisfaction7.3

Community 12.2

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, & Inclusion4.6
Economic Impact4.2
Civic Engagement & Giving2.3
Supply Chain Management0.0

Environment 20.1

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 Management3.6
Air & Climate1.3
Water0.5
Land & Life2.2
+ Renewable or Cleaner-burning Energy0.5
+ Resource Conservation11.8

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 3.6

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 Stewardship3.6


Previous Overall B Impact Scores

2022 Overall B Impact Score82.9

Additional Documentation

Renovit S.p.A. Transparent Assessment 2022


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