Doing business ethically by combining corporate objectives and collective well-being.
Kineton srl, an engineering company from Campania, achieves another milestone and assumes the status of Società Benefit (in the US, Benefit Corporation), confirming its commitment to the community’s welfare.
Following the deliberation during the Extraordinary Shareholders’ Meeting held in the presence of the members of the Board of Directors, the notary sealed Kineton’s evolution into a Società Benefit.
“As a Società Benefit, pursuant to and for the purposes of Law no. 208 of 28 December 2015, Sole Article, paragraphs 376-384 (Stability Law 2016), the company intends to pursue the following purposes of common benefit, operating in a responsible, sustainable and transparent manner towards people, communities, territories, the environment, cultural and social assets and activities, entities and associations and other stakeholders. With this in mind, the company gives top priority to investments in research and innovation, particularly in the digital sphere, committing itself to devising and implementing initiatives and projects that can contribute to solving the social, environmental, and economic problems of our time; to this end, the company undertakes to maintain ethical and sustainable behavior in its activities. […]” reads the new statute.
A decision that formalizes a commitment that has long distinguished the Campania-based company, which has always been sensitive to fundamental issues such as respect for and protection of people in the broadest sense of the community.
From the outset, Kineton has in fact been committed to guaranteeing workers a high standard of corporate welfare through the provision of services and benefits that allow them to enjoy a healthy and attractive working environment, raising the quality level of time spent in the company.
The company also acts as a technological incubator, promoting and supporting new entrepreneurial realities, starting from the projects and ideas of employees and collaborators themselves, providing financial, logistical, and counseling support.
The establishment of the “Kineton Study Centre“, aimed at enhancing the company’s skills in the ideational, creative, communicative, and social spheres, represents a further benefit for the territory in which it operates through the organization and promotion of events and manifestations in compliance with the value of corporate social responsibility.
“We are proud to have concluded 2022 with the achievement of another important goal, a natural consequence for us of a path that began years ago and has always represented our way of doing business.”, said Giovanni Fiengo, CEO of Kineton. “The inclusion in the statute of the Società Benefit is nothing but the confirmation of the concreteness of our commitment to using technology to provide social benefits, not just business ones. This is the spirit that has driven us from the beginning to undertake initiatives to support a community of which we feel and are an integral part. Today, thanks to this decision, we have one more tool that we will know how to make the most of. The objective can therefore be summed up in one word: give back.”
Kineton as of today, therefore, does not limit itself to doing business by pursuing economic objectives but officially assumes the concrete responsibility of creating and bringing value to society and the territory through the driver of innovation.
Naples, 20 December 2022
Based in Naples, Turin, Milan, Reggio Emilia, Tirana (AL), and Birkenhead (UK), Kineton is a scale-up with solid roots in Southern Italy. Born in March 2017 from the idea of a group of professionals, the company provides cutting-edge engineering services by creating and developing innovative solutions in the main technological sectors: Media, Automotive, Telco, IoT, Gaming, and Aerospace. It develops services and products for the management of complex digital systems, from smart TVs to the numerous electronic control units in a car. Kineton provides its customers with years of experience and acquired skills summarised in a targeted and highly technological quality offer that has led it, after only five years from its birth, to boast some of the main players in the international market in its customer portfolio.
For further information: www.kineton.it