Symington Family Estates, the historic port producer based in Porto of Portugal, has been announced as the first Portuguese company to become a certified B Corporation, a prestigious certification given to companies that have met the “highest standards of social and environmental performance and ethical business practices.”
Becoming a B Corp requires companies to change their company articles to legally oblige Directors to include social and environmental factors as equal priorities alongside financial objectives. Fellow B Corps include Patagonia, Danone, Kickstarter, Fetzer Wines, Etsy, JoJo Maman Bébé, Natura, Ben & Jerry’s, Triodos Bank & Innocent Drinks.
Rob Symington, 5th generation family member responsible for Sustainability said, “We are proud that our existing practices have earned us B Corp status. This is an important step in our ongoing commitment to maximise the positive impact we have as a company. Becoming a B Corp sets us on a journey of further changes to systematically transform our activity and ensure we are responding to the big shared challenges of our time.”
Alongside the new B Corp certification, Symington Family Estates has announced an ambitious CO2 emissions reduction goal, which the company aims to reduce by 35% by the end of 2025.
Rupert Symington, CEO of Symington Family Estates, commented, “Climate change is a very real threat in the Douro Valley. Alongside our efforts to adapt in the vineyard, we are determined to play our part in the shift to a zero- carbon economy. Our first goal is to reduce our emissions by 35% between 2015 and 2025. We have already reduced them by 23% and are working on further reductions. We are committed to Portugal’s national goal of achieving carbon neutrality before 2050.”
In addition to carbon emission cut, the company also revealed new sustainability strategy called Misson 2025, which includes 10 flagship goals across renewable energy, solar panels, electric cars, water and electricity efficiency, forest regeneration, low-impact packaging and local community initiatives.
Four internal working groups have been formed covering 1) Viticulture & Biodiversity, 2) Water, Energy & Buildings, 3) Packaging & Waste, and 4) Team & Community.
Later this year, work will begin on a new winery at the Symington-owned Quinta do Ataíde, the largest organic vineyard in northern Portugal.
Opening for the 2021 vintage, it will be the first winery in Portugal to achieve LEED certification (Leadership in Energy & Environmental Design) with environmental principles influencing all aspects of the design.
A detailed ‘Mission 2025’ laid out by the winery:
Goal #1 – Renewable energy
100% electricity from certified renewable energy sources. 20% generated in-house.
Goal #2 – Electric vehicles
100% of new passenger vehicle purchases, by 2025, will be electric or hybrid.
Goal #3 – Carbon emissions
35% reduction in CO2 emissions per litre of wine bottled (between 2015 and 2025).
Goal #4 – Energy efficiency
10% reduction in electricity used per litre of wine bottled.
Goal #5 – Water efficiency
10% reduction in water used in winery & bottling per litre of wine bottled.
Goal #6 – Biodiversity support
Support major ecosystem restoration / reforestation project in Portugal.
Goal #7 – Low-impact winery
Gold LEED (sustainable building) certification for our new winery.
Goal #8 – Volunteering scheme
80% uptake of new employee volunteering programme.
Goal #9 – Impact fund
Launch new Symington social & environmental impact fund.
Goal #10 – B Corp certification
Achieve certification for highest standards of social & environmental performance.
1 thought on “Symington becomes the first Portuguese company to join B Corps”
Thank you Natalie, for posting this. Lots of work was put behind achieving this B Corp certification. It’s a great step in the right direction, though we still have much to achieve. We’ll keep you posted about our progress towards cleaner, greener and more responsible practices in our company!