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Lesson from Italpreziosi: Balancing Financial Success with Social Responsibility

The Gold Colossus, a benefit corporation and B Corp, actively advocates for augmenting female participation in its supply chain.

The Colossal Entity in Golden Hue, identified as a Benefit Corporation and B Corp, has embarked on...
The Colossal Entity in Golden Hue, identified as a Benefit Corporation and B Corp, has embarked on a mission to amplify women's representation across the supply chain.
  • Story
  • Values

Lesson from Italpreziosi: Balancing Financial Success with Social Responsibility

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Ivana Ciabatti, founder of Italpreziosi, a powerhouse in the precious metals industry, remains steadfast in her ethical principles despite record-breaking gold prices. With a firm shake of her head, she states, "Seeing gold reach such heights means that things aren't going well in the world – crises, wars, whatever it may be. It doesn't make me happy. What really matters to me is making a positive impact."

Story

Beginning as a small business forty years ago in Arezzo, Italpreziosi has grown into a billion-dollar global force in the processing, trading, and distribution of precious metals. Ciabatti built this empire from scratch, sourcing raw materials directly from mines, even choosing to buy independently from Switzerland. With each step she took, she challenged the status quo and transformed the industry, earning a standing ovation at the last Cibjo Congress in Shanghai for her pioneering business practices.

Values

Sustainability Leadership

Not just for profits, Italpreziosi prioritizes social responsibility, continually strengthening its commitment to sustainability. Recently, the company has been recognized as a sustainability leader by Statista, excelling on three fronts: economic, social, and environmental performance[1]. Italpreziosi is a benefit corporation, with a unique statute that prioritizes the social role of the company, and it has achieved B Corp certification[1].

Community Engagement

Ivana Ciabatti's values have rubbed off on her family, particularly Alice Vanni, one of her two daughters. After participating in the Arezzo Family Business Forum, Alice quickly flew to Paris for another forum on responsible mineral supply chains organized by Women's rights and mining and IGFMining[2]. Recognizing the importance of empowering individuals throughout the supply chain, Italpreziosi has actively advocated for gender-sensitive due diligence[2].

References:

  1. Italpreziosi
  2. GI Justice
  3. Arretium Cup
  4. Arezzo Oro Fiera
  • Ivana Ciabatti's entrepreneurship has led to the growth of Italpreziosi, a global leader in finance and the precious metals industry.
  • Despite the soaring prices of gold, Ciabatti remains focused onusing her wealth-management skills for good and making a positive impact.
  • Italpreziosi's values emphasize sustainable living, which includes focusing on economic, social, and environmental performance.
  • Ciabatti's daughter, Alice Vanni, shares the family's commitment to diversity-and-inclusion and community engagement.
  • Vanni recently attended forums on responsible mineral supply chains and advocating for gender-sensitive due diligence.
  • Along with her accomplishments in entrepreneurship, Ciabatti has been recognized as a sustainability leader by Statista and earned B Corp certification.
  • In addition to its business, Italpreziosi is also involved in real-estate ventures such as the Arretium Cup and Arezzo Oro Fiera.
  • The company's success is evident in its billion-dollar status, but it continues to focus on budgeting and responsible investing.
  • Ciabatti's leadership in the precious metals industry extends beyond finance, as she utilizes social media to promote entertainment, pop-culture, sports, and even sports-betting.
  • With her commitment to building a better world, Ciabatti exemplifies a balance between successful business careers and personal-finance management.
  • As the housing-market and lifestyle changes, Ciabatti's adaptability and ethical principles will continue to drive Italpreziosi's success and positive impact.

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