Danone Egypt reaccredited with a new B Corp certification score

  • Date: 20-Sep-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Danone Egypt reaccredited with a new B Corp certification score

Cairo: Danone Egypt announces its new score after achieving the B Corp Certification; a huge leap in score from 81.6 to 109.4, an impressive 34% increase. This goes to show Danone’s commitment to social

development given that it’s the first company to achieve the B Corp Certification in Egypt, making it the largest B Corp in Africa and the Middle East as a result of its dual commitment to business success and social progress. B Corp Certification is a marker that a business is meeting high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials. Unlike other certifications for businesses, B Lab is unique in its ability to measure a company’s entire social and environmental impact.

This certification reflects Danone’s vision, which goes beyond financial profits and focuses on meeting social and environmental standards and improving the quality of life in rural Egyptian communities with the support of Danone Egypt’s IBMs (Impact business models) and proof points. One of the successful Impact Business Models is The OMDA project, which launched in 2010 and was financed by Danone Egypt and the Danone Ecosystem Fund. The project aimed to improve the