• illycaffè named one of the 2020 World’s Most Ethical Companies

illycaffè S.p.A., an Italian coffee company frontrunner in sustainable quality, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2020 World's Most Ethical Companies.

illycaffè is committed to the highest ethical standards in continuously improving the quality of life for all its stakeholders. 2020 marks the eighth consecutive year illycaffè has earned this recognition, and furthermore, is one of only six companies that received the honor this year in the Food, Beverage & Agriculture category. In 2020, 132 honorees were recognized spanning 21 countries and 51 industries.

"Upholding the highest ethics under a rigorous sustainable framework is essential not only to develop our company and our industry, but also to do our best for global society, the planet's health and well-being of generations to come," said Andrea Illy, Chairman of illycaffè S.p.A. "These tenets are shared by Ethisphere, and we are proud to be recognized among its 2020 World's Most Ethical Companies. It's a further demonstration of the consistency of our business model and of our managers' capability to create an ethical context within the company, which is the base to develop a sustainable business model that will generate value for stakeholders". 

"Congratulations to everyone at illycaffè for earning this recognition for the eighth consecutive year," said Ethisphere's Chief Executive Officer, Timothy Erblich. "Today, ethics and values are among the most important drivers to stakeholders, and companies that uphold and deliver on their promises year-after-year are who will continue to grow within their industry."

To extend its long-demonstrated commitment to the global coffee community, illycaffè recently launched Circolo illy, a digital platform for stakeholders within the coffee supply chain, such as producers, growers, exporters, agronomists, among others, who can now gain access, at no cost, to knowledge and dialogue that will stimulate sustainable growing practices helping to work toward a goal of spreading a culture of sustainable quality, virtuous collaboration and growth.

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