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WE ARE B CORP

The BCorp® Certification collects data from the companies it audits to determine their impact on the environment and society.

Being a B Corp is about using the power of business to change the world.

Being a B Corp means meeting rigorous standards of social and environmental performance, public transparency and legal accountability.

Being a B Corp also means belonging to an active community of people and companies committed to the exchange of good practices, learnings and business and corporate transformation opportunities. A community of leaders committed to working together to redefine the meaning of success in companies.

In 2019, PARAFINA became the first Spanish eyewear brand to be BCorp certified, clearly demonstrating that by meeting the highest standards of social and environmental impact, we are one of the best companies for the world.

OVERALL B IMPACT SCORE

According to the B impact assessment, PARAFINA obtained an overall score of 111.2.

The average score of the common companies that complete the assessment is currently 50.9.

Governance

15.2

Governance evaluates the general mission of a company, its commitment to social and environmental impact, ethics and transparency. This section also evaluates a company's ability to protect its mission and formally consider stakeholders in decision-making through its corporate structure (for example, profit corporation) or corporate governance documents.

Mission and commitment_ 1.6

Ethics and Transparency_ 3.5

Workers

29.2

Workers assess a company's contributions to financial security, health and safety, well-being, career development, and employee engagement and satisfaction. In addition, this section recognises 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 programmes to support people with barriers to employment.

Financial security_ 9.6

Health, well-being and safety_ 9.0

Career development_ 3.6

Engagement and satisfaction_ 6.4

Community

38.8

Community assesses a company's commitment to and impact on the communities in which it operates, hires and sources. Topics include diversity, equity and inclusion, economic impact, civic engagement, charitable giving and supply chain management. In addition, this section recognises business models designed to address specific community-oriented issues, such as poverty alleviation through fair trade sourcing or distribution through microenterprises, producer cooperative models, locally-focused economic development and formal charitable giving commitments.

Diversity, equity and inclusion_ 1.5

Economic impact_ 2.5

Civic engagement and giving_ 4.3

Supply chain management_ 3.9

Environment

26.3

Environment assesses a company's overall environmental management practices, as well as its impact on air, climate, water, land and biodiversity. This includes the direct impact of a company's operations and, where appropriate, its supply chain and distribution channels. This section also recognises companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Examples may include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the marketplace, or educate people about environmental issues.

Environmental Management_5.2

Air and Climate_4.5

Water_1.0

Land and Life_6.0

Clients

1.5

Customers evaluate a company's management of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognises products or services that are designed to address a particular social problem for or through their customers, such as health or educational products, arts and media products, services for underserved customers, and services that enhance the social impact of other companies or organisations.

Customer management_ 1.5