Standard Owner Benchmark - VEGEA

By CommonShare

VEGEA is an Italian company that specializes in the development and production of sustainable materials made from grape marc, a byproduct of the wine industry. Founded in 2016 by Gianpiero Tessitore, VEGEA aims to provide innovative and eco-friendly alternatives to traditional materials such as leather and plastics.

The company's name, VEGEA, is derived from "Vegetable Grape," highlighting its focus on utilizing natural and renewable resources in its materials. VEGEA's primary product is a vegan leather-like material that is made by extracting fibers from grape marc and combining them with bio-based polymers. This process allows VEGEA to create a versatile and sustainable material that can be used in various applications, including fashion, automotive, and interior design.

VEGEA's material is known for its durability, breathability, and aesthetic appeal, making it a desirable option for conscious consumers and companies looking for sustainable alternatives. By utilizing grape marc, which is typically a waste product of the wine industry, VEGEA contributes to the reduction of agricultural waste and the circular economy.

In addition to its material production, VEGEA is committed to sustainability throughout its entire supply chain. The company follows ethical and environmentally friendly practices, ensuring that its materials are produced with minimal impact on the environment and respecting the rights of workers involved in the production process.

VEGEA has gained recognition and partnerships with various companies and organizations in the fashion and automotive industries. Its innovative approach to sustainable materials has earned it awards and accolades for its contribution to the circular economy and the reduction of environmental impact.

Overall, VEGEA is a pioneering company that offers sustainable and vegan alternatives to traditional materials, showcasing the potential for innovative solutions in the pursuit of a more sustainable and environmentally conscious future.

Overall Rating

1.0

Under-Performing

Governance

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VEGEA

Italy

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How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.