COPPOLA FOODS BECOMES A BENEFIT CORPORATION, ONE OF THE FIRST FOOD COMPANIES IN ITALY
MERCATO SAN SEVERINO, ITALY
Coppola Foods aims to become a fully certified B-Corp business in 2021. The first step to achieve this has been the adoption of the legal status of “Società Benefit” (“Benefit Corporation*”) for Coppola Industria Alimentare Srl in Italy and the commitment to B-Corp values in the company statute. Certified B-Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.
The “Benefit Corporation” status confirms Coppola Foods’ guiding principle of running its business with a positive impact for its employees, communities and the environment, and build a more inclusive and sustainable economy locally and worldwide. Coppola Foods prime focus is on long term value creation for its brands, along its supply chain, towards the people it employs, the local communities it interacts with and the environment.
“We believe companies can thrive only if the world around us thrives as well. We are working towards the B-Corp highest standards, and becoming a Benefit Corporation is an important step,” says Ernesto Coppola, CEO of Coppola Foods. "We believe businesses can be engines for development and improvement and should create value for their shareholders as well as their stakeholders. Only in this way we can secure long term sustainable growth.”
*"Benefit Corporations" were introduced into the Italian legal system, first in Europe, with Law 208/2015 (Stability Law) in article 1, paragraphs 376 to 384, and went into effect in 2016. www.societabenefit.net
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About Coppola Foods
Coppola Foods is an innovative food company committed to making good food better.
We offer a comprehensive range of premium quality, tasty, nutritious and sustainable food products together with an excellent level of service and attentive solutions to fulfil the needs of customers and markets.
Our range of authentic Italian food products are cornerstones of the Mediterranean diet. This includes tomatoes, legumes, vegetable products, sauces, condiments and grain products.
We are a fourth-generation family business with a long heritage in the production and marketing of food products, dating back to 1903 in Salerno, in Southern Italy.