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WE ARE B CORP

The BCorp® Certification collects data from the companies it audits to determine their impact on the environment and society.

Being a B Corp is about using the power of business to change the world.

Being a B Corp means meeting rigorous standards of social and environmental performance, public transparency and legal accountability.

Being a B Corp also means belonging to an active community of people and companies committed to the exchange of good practices, learnings and business and corporate transformation opportunities. A community of leaders committed to working together to redefine the meaning of success in companies.

In 2019, PARAFINA became the first Spanish eyewear brand to be BCorp certified, clearly demonstrating that by meeting the highest standards of social and environmental impact, we are one of the best companies for the world.

COMMITMENT TO

HUMAN AND LABOR RIGHTS

As a purpose-driven company aligned with B Lab’s impact standards, we assume the institutional responsibility to respect human rights across all our operations and spheres of influence. We firmly believe that business success is inseparable from an unwavering respect for human dignity.

Therefore, our organization publicly commits to strictly aligning its practices, decisions, and internal culture with the following international frameworks:

  • The United Nations Guiding Principles on Business and Human Rights: We adopt the corporate responsibility to "respect rights" as a cross-cutting principle in our daily management, implementing proportionate measures to identify and prevent any negative impact on people.
  • The Universal Declaration of Human Rights: We ensure that all our activities respect the fundamental rights, freedoms, and equality of all individuals without distinction.
  • The ILO Declaration on Fundamental Principles and Rights at Work: We actively uphold and adhere to its essential pillars within our workplace:

Freedom of association and the effective recognition of the right to collective bargaining.

The elimination of all forms of forced or compulsory labor.

The effective abolition of child labor.

The elimination of discrimination in respect of employment and occupation.

The maintenance of a safe and healthy working environment.

This commitment extends to our team, as well as to the business relationships and purchasing decisions we make with our trusted suppliers.

Approved by General Management. Last updated: July 2026

CLIMATE ACTION

PLAN

  • Institutional Commitment: We formally commit to the global collective goal of curbing the climate crisis by limiting global warming to below 1.5°C. Our business model is based on indirect mitigation through the circular economy and waste valorization.
  • SMART Objectives

– Sustainable Energy Sourcing: Achieve a 100% renewable electricity supply for our Madrid headquarters by the end of the next fiscal year.

– Eco-design and Product Circularity: Maintain a minimum threshold of 80% to 92% certified pre-consumer recycled materials (HDPE, PET, and TPE) across all current sunglass and reading-glass collections to drastically reduce the use of virgin raw materials and their associated emissions.

– Packaging Optimization: Reduce the total weight of our secondary cardboard packaging by 15% and incorporate logistics optimization criteria to lower indirect emissions from last-mile delivery to the end consumer by December 2027.

  • Resource Allocation and Governance

– Resources: The company annually allocates staff time (9 employees) to internal waste management and the technical monitoring of material certifications.

– Approval: This plan has been reviewed and approved by the company's highest governing body.

  • Collaboration with Stakeholders

We work hand-in-hand with our assembly workshops and logistics providers to optimize delivery routes and consolidate shipments, mutually sharing best practices for reducing environmental impact.

Parafina Trademark SL, as a micro-enterprise, formally and publicly declares that it is not involved in any political lobbying or institutional pressure activities directed at public administrations or governments.

Our external and brand communications focus exclusively on raising environmental awareness regarding waste management, upcycling, and social impact, without seeking to influence public policy for private gain, thereby fully complying with the exclusion criterion set out in point GACA1.1.1 of the standard.

OVERALL B IMPACT SCORE

According to the B impact assessment, PARAFINA obtained an overall score of 111.2.

25.3 points more than in 2019, the year in which the score was 85.90.

100% higher than the average score of common companies completing the assessment, which is currently 50.9.

Governance

15.2

Governance evaluates the general mission of a company, its commitment to social and environmental impact, ethics and transparency. This section also evaluates a company's ability to protect its mission and formally consider stakeholders in decision-making through its corporate structure (for example, profit corporation) or corporate governance documents.

Mission and commitment_ 1.6

Ethics and Transparency_ 3.5

Workers

29.2

Workers assess a company's contributions to financial security, health and safety, well-being, career development, and employee engagement and satisfaction. In addition, this section recognises business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programmes to support people with barriers to employment.

Financial security_ 9.6

Health, well-being and safety_ 9.0

Career development_ 3.6

Engagement and satisfaction_ 6.4

Community

38.8

Community assesses a company's commitment to and impact on the communities in which it operates, hires and sources. Topics include diversity, equity and inclusion, economic impact, civic engagement, charitable giving and supply chain management. In addition, this section recognises business models designed to address specific community-oriented issues, such as poverty alleviation through fair trade sourcing or distribution through microenterprises, producer cooperative models, locally-focused economic development and formal charitable giving commitments.

Diversity, equity and inclusion_ 1.5

Economic impact_ 2.5

Civic engagement and giving_ 4.3

Supply chain management_ 3.9

Environment

26.3

Environment assesses a company's overall environmental management practices, as well as its impact on air, climate, water, land and biodiversity. This includes the direct impact of a company's operations and, where appropriate, its supply chain and distribution channels. This section also recognises companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Examples may include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the marketplace, or educate people about environmental issues.

Environmental Management_5.2

Air and Climate_4.5

Water_1.0

Land and Life_6.0

Clients

1.5

Customers evaluate a company's management of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognises products or services that are designed to address a particular social problem for or through their customers, such as health or educational products, arts and media products, services for underserved customers, and services that enhance the social impact of other companies or organisations.

Customer management_ 1.5