In collaboration with Futura Law Firm and FL20 Studio, a new meeting of the Community of Practice – Benefit Corporations was held, bringing together organizations within the Turin Social Impact ecosystem for a moment of dialogue and exchange. Once again hosted at Futura Law Firm, the focus was on “The Function and Drafting of the Benefit Report,” exploring the value and importance of this annual tool required of Benefit Corporations to document their commitment to creating a common benefit.

Ten organizations participated in the meeting: some are Benefit Corporations already involved in the Fit4Benefit program, others have recently joined Turin Social Impact, and some are considering the transition to becoming a Benefit Corporation.

Creating social impact: an opportunity for shared exchange

The meeting began with an opening reflection: “What is the purpose of the Benefit Report?” This question sparked a lively discussion, where participants shared experiences and challenges encountered along the way. It emerged that the Benefit Report is a powerful communication tool—a kind of “identity card” that demonstrates the organization’s commitment to sustainability, social impact, and governance, reflecting the essence of its business choice.

The participants then discussed essential elements to include in the report and mandatory components, examining how to map the objectives and actions taken by their organizations, as well as the challenges in evaluating achieved results.

The meeting provided a valuable exchange, enriched by experiences, viewpoints, practical examples, and the sharing of challenges and opportunities. The Community of Practice aims to foster precisely this kind of exchange, where each question finds space for listening and reflection.

Fit4Benefit: a series of meetings for 2024/2025

This initiative is part of the Community of Practice for Benefit Corporations project for the 2024-2025 biennium, aiming to create shared knowledge through collaboration and the exchange of expertise among all participants.

The Community of Practice project is supported by the Turin Chamber of Commerce and the Compagnia di San Paolo Foundation.