News | RP Legal & Tax becomes a B Corp: what does this achievement mean, and why is it important?
In September 2023 RP Legal & Tax became a B Corp.
It is a very important achievement, obtained with the help and support of all RPLT people, and in particular of those in the firm’s focus groups that were most directly involved in the certification work: the Sustainability Committee, the ESG & Legal Impact practice, and the Management Body.
- What is a B Corp?
A B Corp, or B Corporation, is a company that has obtained a certification from B Lab that acknowledges the compliance with high standards of environmental social performance, transparency and accountability. Thus, RPLT’s ability to create shared value for people, the environment, the community and all stakeholders involved directly or indirectly in its activities is recognized.
- How does a firm become a B-Corp?
It is necessary to undergo an articulated assessment process in order to provide concrete evidence of the positive impacts that the organization has generated, in the social and environmental spheres, with particular reference to the areas concerning governance, the communitỳ, people, the environment and customers. At the outcome of this process, only those organizations that have achieved a score of at least 80 points out of 100 are eligible for certification.
- What score did RP Legal & Tax achieve?
87.6 out of 100.
- How many organizations, in the world, are B Corps? And in Italy?
As of September 2023, the B Lab website lists 7257 B Corps worldwide: 256 are Italian. Certifications began in 2012.
- What is the situation like in the legal sector?
The category that gathers organizations active in the legal world is “Legal activities”, and includes 75 B Corps worldwide. Only 3, apart from RP Legal & Tax, are Italian.
- What value does B-Corp certification bring to RP Legal & Tax’s clients and stakeholders?
For us, this achievement represents the result of a journey that began more than 15 years ago and that has seen the firm always at the forefront of addressing these issues. On the one hand, thanks to the creation of a dedicated department advising on ESG, Third Sector and social innovation; on the other hand, by adopting a “Sustainability Model” that crystallizes the firm’s commitments, actions and goals.
Being B Corp allows us to offer added value to our clients by sharing a wealth of values and expertise, matured over the years, combining innovation and sustainability.
