First national research on benefit companies in Italy presented, an interesting starting point for future development in our country.
The first national research dedicated to Benefit Corporations in Italy has highlighted a dynamic and rapidly expanding sector. Between 2019 and 2022, these companies saw an increase in turnover of +37%, far exceeding the growth of traditional companies, which remained at +18%. This data not only underlines the vitality of Benefit Corporations, but also highlights how they are becoming increasingly central to the Italian economic fabric.
Benefit Corporations not only excel in terms of turnover but also show a higher productivity compared to non-benefit companies, with added value per employee reaches 62,000 euros against 57,000 euros of other companies. Furthermore, these entities stand out for more efficient economic management, as demonstrated by the increase in the Ebitda margin from 8.5% in 2019 to 9% in 2022.
Strengths and keys to success
One of the most relevant aspects that emerged from the research is the attention of Benefit Companies towards human capital. With a median labor cost per employee of 41,000 euros compared to 38,000 euros for traditional companies, these companies demonstrate enhance and invest in its human resources, redistributing the wealth generated fairly.
Benefit companies are also distinguished by their innovative and future-oriented approach. Research has highlighted how these companies are more inclined towards internationalization and investment in research and development than their traditional counterparts. This propensity is reflected in the significantly higher percentage of holdings international patents or which have obtained environmental certifications.
The analysis of the territorial distribution of Benefit Companies reveals a greater concentration in the northern quadrants of Italy, with Lombardy emerging as a leading region both in number of companies and in production value generated by these innovative entities.
The 2024 National Benefit Corporation Survey confirms the growing role that these realities are taking on in the Italian economy. By integrating profit objectives with a commitment to social and environmental benefits, Benefit Corporations represent a innovative business model capable of generating added value on multiple fronts: economic, social and environmental.
In conclusion, this study not only highlights the superior performance of Benefit Corporations compared to traditional businesses but also opens up reflections on how this model can contribute to the sustainable growth of the Italian economy as a whole.
