Impact
Benefit companies
Benefit companies pursue alongside the indispensable profit motive one or more purposes of common benefit and operate responsibly, sustainably and transparently toward people, communities, territories and the environment, crystallizing their commitment in the statutory corporate purpose.
Futura believes that the choice to be a benefit brings competitive and reputational advantages that allows it to differentiate itself with an innovative way of doing business by telling with immediacy and transparency its way of being and its adherence to irreversible change.
We advise entities that want to form or evolve into benefit companies, studying the most coherent benefit objectives in any case, accompanying them in the pursuit and achievement of the established goals, supporting them in the preparation of the annual and legally required benefit report, and training and guiding the board of directors and the crucial figure of the benefit manager.
ESG Business Models
Through our in-depth knowledge of our clients and the relationship of trust we establish with them, we offer a method for supporting companies on their sustainability journey.
In the light of data obtained through one or more questionnaires we analyze and enhance existing ESG principles and, having identified the areas of greatest weakness, we study and identify possible additional targets in the ESG path, also taking into account Sustainable Development Goals compatible with business activity.
We analyze the impact of previous assessments on the organizational system and offer a comprehensive assessment of the entity and its possible future scenarios, creating internal policies and procedures by envisioning a resulting strategic sustainability plan.
ESG Washing
The improper and deceptive communications by which the entity leads third parties to believe that sustainable and ESG-compliant policies have been adopted no longer concern only the environmental component, and that is why we prefer to speak of ESG washing, when the activities put in place are actually superficial, undocumented and not scientifically verifiable, perhaps even with the aim of diverting attention from business dynamics that create negative impacts.
Such a practice elicits disapproval especially when we consider that pursuing the global goal of sustainability can bring a reputational and competitive advantage that improves the company’s image.
At Futura, through the joint work of a lawyer with expertise in social impact and ESG criteria and a communications expert, we are able to provide support in evaluating an appropriate communications strategy and in assessing possible defenses or challenges to competitor behavior that is deemed unfair.
Governance
Governance, which is considered the third ESG pillar, is actually a real prerequisite from which one cannot disregard or rather from which one takes the starting point for a corporate sustainability assessment.
No E or S path can be reliably initiated unless special attention is first paid to internal organization, rules of composition of the governing body, policies and strategies, procedures, safeguards implemented to ensure compliance with legal regulations, ethics and transparency.
At Futura, we are deep connoisseurs of the mechanisms of corporations and business realities through personal experience and constant proximity to our clients and established relationships of trust, and we can support companies in establishing a stable and reliable organization.
EU deforestation regulation
Regulation 1115/23 aims to prevent deforestation, forest degradation, and human rights violations related to the release into, making available, and export from the EU market of certain raw materials (rubber, cocoa, coffee, soybean, oil palm, wood, and cattle) and derived products, and for this it introduced stringent due diligence, risk assessment, and risk prevention obligations on all companies involved, with huge impacts on the movement of goods and supply chain organization.
With the support of a technical partner, we offer timely and accurate advice with the aim of clearing the many doubts that the implementation of the obligations of this Regulation still brings and to identify the perimeter of duties in charge of each company involved.