Functional textile specialist Sympatex Technologies has received US-based NGO B Lab’s ‘2019 Best for the World’ award, after landing in the top 10 per cent of all B Corp certified companies in recognition of its environmental responsibility. It comes on the heels of its 2018 B Corp certification for corporate social responsibility.

It received the award for initiatives such as the wear2wear European industry partnership that it created – in order to close the textile loop – for offering the world’s first climate-neutral membrane and for being a co-developer and signatory of the UN Fashion Industry Charter for Climate Action.

The company’s says that its express goal is to ensure that its business activities not only lead to economic success, but also have a highly positive impact on the well-being of society and the environment.

Dr. Rüdiger Fox, CEO of Sympatexsaid, “As one of the most recent member of the global B Corp community, we are all the more pleased to be a recipient of the 2019 Best for the World award in the category of sustainability.

“This award not only honours our commitment to closing the textile loop in the apparel industry together with all of our market partners, but serves as a testament to our approach and spurs us to continue to overcome all of the major hurdles in order to be able to put together a sustainable functional textile industry in concert with our partners,” he added.

Anthea Kelsick, Chief Marketing Officer at B Lab, said, “We’re incredibly proud of this year’s Best for the World recipients. These inspiring companies represent the type of business models and impact-oriented business strategies that build a new economy, one that is inclusive, regenerative and generates value for all participants, not just for shareholders.