Illycaffè

ILLYCAFÈ NAMED ONE OF THE 2020 WORLD’S MOST ETHICAL COMPANIES

Last Updated on August 19, 2021 by kristina

Illycaffè has been acknowledged by Ethisphere, an international leader in defining and advancing the standards of ethical business practices, as one of the 2020 World’s Most Ethical Companies.

Illycaffè is committed to the highest ethical standards in continuously improving the lifestyle for all its stakeholders. 2020 marks the eighth consecutive year Illycaffè has gained this recognition, and furthermore, is one of just six companies that received the honor this year in the Food, Beverage & Agriculture category. In 2020, 132 honorees were recognized, spanning 21 countries and 51 industries.

“Upholding the highest ethics under a rigorous sustainable framework is important not only to develop our company and our industry but also to do our best for international society, the planet’s health and well-being of generations to come,” stated Andrea Illy, Chairman of Illycaffè S.p.A. “These tenets are shared by Ethisphere, and we are proud to be recognized among its 2020 World’s Most Ethical Companies. It’s a further demonstration of the consistency of our business model and of our managers’ capability to create an ethical context within the company, which is the base to develop a sustainable business model that will generate value for stakeholders”-he also added.

“Congratulations to everyone at Illycaffè for earning this recognition for the eighth consecutive year,” stated Ethisphere’s President, Timothy Erblich. “Today, ethics and values are among one of the most important drivers to stakeholders, and companies that uphold and deliver on their promises year-after-year are who will continue to grow within their industry,”-he added.

To expand its long-demonstrated dedication to the international coffee community, Illycaffè recently launched Circolo Illy, a digital platform for stakeholders within the coffee supply chain, such as producers, growers, exporters, agronomists, among others, who can now gain access, at no cost, to knowledge and dialogue that will promote sustainable growing practices helping to pursue a goal of spreading a culture of sustainable quality, virtuous partnership, and growth.

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