Benefit Corporation
ITLAS, in line with its ongoing strategy of pursuing virtuous economic development based on environmental and social sustainability, took a further step forward in January 2023 by becoming a Benefit Company. This means that, in addition to the profit motive, the company voluntarily pursues one or more common benefit objectives in the course of its business activities. These objectives include having a positive impact on people, the community, the local area, the environment, cultural and social assets and activities, organizations, associations and other stakeholders. This is done in a responsible, sustainable and transparent way, balancing the management of the company's interests with those of the community.
ITLAS has built its corporate development and image on a lifestyle, a merging and blending with nature to seek that wellbeing that is increasingly also the common thread of architecture and design. This is why the company has chosen to draw up the Sustainability Report, a tool for communicating the annual results of ITLAS' journey towards sustainability to its stakeholders. The document - which is voluntary, as the company is not listed on the stock exchange - is prepared using the GRI Standards (Global Reporting Initiative Sustainability Reporting Standards) issued in 2018 as a technical-methodological reference, integrated with the Sustainable Development Goals developed with the 2030 Agenda.
ITLAS, as a Benefit Company, prepares this Impact Report in compliance with Art. 1 paragraph 382 of Law 208/2015. The document illustrates the efforts made in pursuing the purposes of common benefit, defined in the company's Articles of Association, and the impact generated on the various areas of interest.
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