After completing the B Impact Assessment, companies undergo a multi-step verification process to determine if they meet the 80-point bar for Certification. To become B Corp certified, companies have to complete the B Impact Assessment (BIA), a comprehensive questionnaire that determines a company’s impact on their community, employees, the environment, and beyond. A B Lab Standards Analyst will reach out to confirm your submission and some details about your business. Tip: Set aside ~1 hr and estimate your answers for a first pass. The content of the B Impact Assessment is overseen by B Lab’s … For the latest news and events about the community of Certified B Corporations, © Copyright 2020 B Lab. 3. They are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment. Through B Lab’s assessment process, we’ve learned a lot about how to improve as a business. At this time, B Lab also reserves the right to ask for clarifying documents based on the initial review. To become certified as a B Corp, companies must complete an assessment of their impact in five categories: environment, workers, customers, community and governance. If the company's score is 80 points or above after the verification process, then the performance requirement has been fulfilled. B Corp Certification requires a minimum verified total score of 80 across all impact areas. The B Impact Assessment evaluates how your company’s operations and business model impact your workers, community, environment, and customers. Visit B Cop™ website This call typically results in score adjustments. B Corps are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability and transparency. After completing the B Impact Assessment and Disclosure Questionnaire, click “Submit for Review.” After submitting your assessment, your company will undergo an initial Evaluation to determine the most appropriate certification process based on the individual characteristics of your business. The B Impact Assessment is updated every three years; recertification gives companies the opportunity to set improvement goals against the most-up-to-date standards and benchmark their performance over time. *You don't have to be the CEO to use this tool, “The B Impact Assessment added a new twist to our initiatives - it helped us understand where we are in comparison to other companies.”, “Pasar por este proceso contribuyó a que nuestros consumidores y otros compradores mayoristas a confian aún más en las prácticas de nuestra compañía.”, “The experience of taking the Assessment really dug deep into what our company does and how effective it can be.”, And what you need to know if you're pursuing B Corp Certification. It was originally derived from “benefit corporation”, a type of US corporate structure, but B Corp means many things to many people. This process ensures that companies who become Certified B Corporations continue to engage in a high level of impact with their stakeholders, even as the business grows or changes. Our company is a holding company that has multiple subsidiaries or franchisees. The Site Review will take place either in-person or virtually and typically takes between 6-10 hours depending on the size and scope of business. Select a question to jump to the answer . Benefit corporation è uno stato giuridico – ammesso in 35 Stati degli USA, in Puerto Rico, in Italia (dal 1º Gennaio 2016) come Società Benefit, in Colombia (2018), British Columbia (2018), e Scozia (2018) – pensato per aziende a scopo di lucro che vogliano andare oltre l'obiettivo del profitto, e che vogliano massimizzare il loro impatto positivo verso la società e l'ambiente. VIEW SAMPLE QUESTIONNAIRE VIEW COMPLAINTS PROCESS. A simple look at which questions your company already excels at and which practices it could improve on. B Corp Certification requires a minimum verified total score of 80 across all impact areas. The B in B Corp is open to interpretation. Some companies are both Certified B Corporations and benefit corporations, and the benefit corporation … How should we approach the Assessment? A&B Process Systems is an industry leader in the design, fabrication, automation and installation of stainless steel process systems used in a variety of industries. All rights reserved. A more holistic look at how your company scores overall and across multiple questions related to the same impact topic. The standardized components within the BIA and the interactive assessment process with B Lab provide a holistic and systemic model for sustainable business. This is a community of leaders, driving of a global movement of people using businesses as a force for good. The B Corp Certification is a third-party certification administered by the non-profit B Lab, based in part on a company's verified performance on the B Impact Assessment. The benefit corporation is a legal structure for a business, which exists in 34 states across USA, Italy and Colombia. The companies that undergo Site Review each year include Certified B Corps who are randomly selected and those that are required to undergo an annual Site Review as part of expanded terms of Certification. To fulfill the performance requirement for B Corp Certification, a company must complete the B Impact Assessment. The benefit corporation is a legal structure for a business, like an LLC or a corporation. Note: This Verification Process described below will typically apply to all companies that earn under $100M in annual revenue, and may also apply to larger companies depending on their structure. Certified since: January 2017. Auditing for B Corp businesses. If you go on to get certified as a B Corp, there is a chance your small business will get audited by B Corp, which says it checks up on about 10% of its certified companies each year. What types of organizations should take the Assessment? The B Impact Assessment evaluates how your company’s operations and business model impact your workers, community, environment, and customers. They make decisions that make a positive impact across their workers, customers, suppliers, community, and the environment. Note: Need help making a plan to meet these requirements? If required, an Assessment Review call typically takes 60 to 90 minutes. B Lab, a third-party non-profit certifies it. Acceptance into and continued participation in the B Corp community is at the sole discretion of the Standards Advisory Council and B Lab's Board of Directors. The list of documentation requested depends on your specific answers to the B Impact Assessment and is generated after your company completes an Assessment Review with B … Ben & Jerry's. Get Started on the SDG Action Manager. Simply taking the Assessment does not automatically make a company a B Corp nor does it obligate the company to pursue B Corp Certification. Who is B Lab? Per essere riconosciuti come B Corp si deve completare il protocollo di analisi B Impact Assessment e ottenere un punteggio che non può scendere sotto 80 punti su una scala 0-200. What is a B Corp? Benefit corporations and Certified B Corporations are often confused. The Assessment is a free public good provided by B Lab. The legal requirement can be fulfilled through a variety of structures, from LLCs and traditional corporations to benefit corporations and cooperatives. Simply taking the Assessment does not automatically make a company a B Corp nor does it obligate the company to pursue B Corp Certification. The questions on your company’s B Impact Assessment are determined by company size, sector, and market, with around 200 questions total. They are legally required to consider the impact of their decisions on their … The questions on your company’s B Impact Assessment are determined by company size, sector, and market, with around 200 questions total. There are a few additional steps, beyond using the B Impact Assessment, that a company must take to achieve B Corp Certification. Return later after researching more in depth questions. Tip: Once you've completed at least 90% of the Assessment, select "Submit for Review," and our staff will be in touch to schedule your Review. You must have JavaScript enabled to use this form. The BIA assesses the impact of both your company’s day-to-day operations and your business model—both what you do and how you do it. 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