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STATEMENT: Estrella Galicia, the brewery that wants to change the world

(Information sent by the signatory company).

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STATEMENT: Estrella Galicia, the brewery that wants to change the world

(Information sent by the signatory company)

CORUÑA, Spain, February 6, 2024 /PRNewswire/ -- The Spanish brewer Estrella Galicia (Hijos de Rivera) joins the B Corp movement, a community in continuous growth that works to solve social problems, care for the environment, strengthen communities and create high-quality jobs. Becoming a B Corp has been possible thanks to meeting high standards in terms of social and environmental performance, transparency and corporate responsibility that this movement requires.

There are currently more than 8,000 B Corp companies in the world, from 95 countries and 162 different industries. The Spanish family brewery begins its journey as part of this growing international community of companies like Ben

The demanding standards for being a B Corp measure business management performance around five key impact areas: Governance, Workers, Community, Environment and Customers. An internal transformation process and the company's real commitment to Positive Impact have allowed us to overcome this evaluation process where companies must provide evidence of their good practices and incorporate their legal commitment to social purpose in their statutes.

Estrella Galicia has obtained a score of 88.2 points, above the 80 required. Particularly noteworthy is the strength shown in the impact areas related to governance and consumers. Joining the movement supports its solid commitment to the environment and its interest groups; and it is another example of the nonconformity that has guided its activity since its foundation in 1906 and that is shared today by all its employees.

This milestone reinforces its Positive Impact strategy which, aligned with the Sustainable Development Goals, is structured around five pillars similar to B Corp's impact areas: Origin, Planet, People, Allies and Governance. Among the initiatives developed are, among others, the carbon neutrality of its industrial plants, the commitment to eco-packaging with No Pack, or support for culture and sports.

Estrella Galicia undertakes a 2024 full of challenges as a B Corp company, among which is the inauguration of its second factory. The new facilities are at the forefront of the sector in terms of well-being and respect for the environment.

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