Sustainability and social responsibility have been fundamental to Symbiotics since its inception, laying at the heart of everything we do. Symbiotics is committed to apply its mission and values to its own corporate organization and lifestyle. This is reflected in our commitments to various industry initiatives as well as through our corporate giving and support.
OUR CSR INITIATIVES
B CORP CERTIFICATION
Symbiotics completed the certification process to become a Certified B Corporation, joining a global community of companies assessed for the highest standards of social and environmental performance and ethical business practices
In its legal statutes, Symbiotics has legally confirmed its commitment to purpose beyond financial profit. The results of the comprehensive B Lab assessment provide an important benchmark for the company and a path to further improve certain areas and take concrete action in the year to come.
The B Corp Certification encompasses every aspect of the business and covers five key impact areas: governance, workers, community, environment and customers. Recent attention on the impact investing sector industry makes the Symbiotics B Corp Certification a notable step and signals a shift towards greater accountability and transparency in the sector.
Donation to Ukraine
Symbiotics donated to the International Committee of the Red Cross (ICRC) to help its efforts in the Ukraine on the ground. It also financially supported the 1 to 4 Foundation which is working closely in the Ukraine with ShelterUkraine. They have put together a network of social entrepreneurs that have pivoted their businesses to provide local, on the ground support to internally displaced Ukrainians.
UN race to zero
Symbiotics has signed up to the United Nations Race to Zero Campaign through the SME Climate Hub, with the goal to achieve net-zero emissions by 2030 by monitoring and reducing our carbon footprint. We created an Environment Working Group to provide support in becoming a more environmentally sustainable company. We launched a search for an external provider to help assess our carbon footprint and our waste, water and energy consumption worldwide, and to then offset carbon emissions and reduce consumption. The outcome of this initiative will bear fruit in 2022.
Faten is the largest microfinance institution (MFI) in Palestine and is considered one of the best social impact MFIs in the Middle East and North Africa (MENA) region. Symbiotics has been partnering with FATEN since 2016. The military escalation in 2021 extensively damaged four of Faten’s branches in Gaza and displaced many of its clients, who also lost their businesses. Symbiotics decided to support Faten to contribute to reconstructing the damaged branches.
Paint a Smile
Paint a Smile is a Switzerland-based non-governmental organization; its mission is to reduce anxiety and de-dramatize hospital stays by transforming the cold and impersonal hospital environment into a more colorful and welcoming space. Each year, Symbiotics staff participates in the Geneva Escalade race and donates to Paint a Smile for each participant staff.
Découvrir is a Swiss non-profit association that supports migrant women residing in the Geneva region in their professional integration efforts. Our HR staff participated in a workshop organized by Découvrir and shared advice and tips with professionally qualified migrant women looking for opportunities to reintegrate professionally in Switzerland.