MACHINE MANUFACTURERS AND THE APPROACH TO THE INNOVATIVE CONCEPT OF THE « B CORPORATIONS »

Not so long ago, the Nobel Prize winner for economics Robert Shiller recalled that "Benefit Corporations will perform better than all other companies".

Plant manufacturers will soon understand how important the above foresight will become in the medium term in the industrial assets business.

The Status of Benefit Corporations known in the USA as "B Corp" have recently been recognized in Italy with their specific legal form which is that of for-profit companies that also voluntarily pursue social, sustainability and transparency goals and aim to produce a positive impact on people and the environment.

Benefit Companies, in essence, in the exercise of an economic activity, in addition to the purpose of dividing profits, pursue one or more aims of common benefit and operate in a responsible, sustainable and transparent way towards people, communities, territories and environment, cultural and social assets and activities, bodies and associations.

Italy was one of the first countries, after the United States (where, since 2010, the Benefit Corporation has been recognised as a specific legal form in 33 countries) to have introduced this corporate model into its private law system.

In Italy, as of today, tax regulations do not yet provide benefits for Benefit Companies, so their request for certification as B Corp is mainly an investment in the "reputational capital" of the companies themselves, which is closely linked to their recognised strength in having sustainability at all levels, both internally and externally.

Reputation is an index of high loyalty. Of business that returns. Consolidation of the Brand.

The balance between financial and non-financial interests, the strengthening of shareholder and investor rights, the ability to attract young talents to grant long lasting business, greater access to private capital investments (expecially for innovative technical solutions)  are some of the advantages that these companies have and will have more and more, also taking into account the investment opportunities for the segments of conscious buyers (expecially the finall clients of the machine manufactures clients)  that are increasingly expanding.

B Corp appreciate other B Corp companies and in the B2B sector such a reference for innovative business philosophy will bring more and more preferences towards talented machinery suppliers as their customers towards the final consumers.