Guide to becoming a B Corp

2. The process to be certified

You need complete the B Impact Assessment and score 80 points to be certified as a B Corp. 

Completing the B Impact Assessment (BIA) will evaluate your company’s performance on 5 areas of governance, environment, workers, community and customers.

It's possible to get 140 points across for standard business practices.

 

Additional points can be achieved by having an Impact Business Model (IBM).

How points are calculated

The assessment awards points for the positive impact your company is making across different areas of your business.

Examples

Workers

  • Employee ownership 

  • Staff handbooks 

  • Tracking satisfaction or engagement

Community

  • Commitments to diversity, equity, and inclusion

  • Tracking diversity of ownership among suppliers

  • Banking with a B Corp

  • Supplier Code of Conduct

Environment

  • Environmental Management System

  • Monitoring and recording energy, water and waste  usage

  • Recycling different materials

  • Offsetting GHG emissions

Customers

  • Customer feedback or complaint mechanisms

  • Regularly monitoring customer outcomes and well-being

A 12 month journey (sometimes longer)

Get
Started
Get
Started

Tip

If you’re a larger company, assemble a project team and get executive buy-in so you don’t have to do all the heavy lifting! Having access to HR and Legal departments will help with the workers and governance sections too!

Do a first
pass of
the BIA
Do a first
pass of
the BIA

Tip

Answer as many questions as you can and bookmark questions to come back to later.

Set up
your
company
Set up
your
company

Tip

 

Take the time to understand which ‘sector’ and ‘size’ your company should select into as this will determine the assessment that’s created to suit your business.

The process to become a B Corp can take anytime from 1 year or longer from when you start the assessment. Much of this timing depends on whether or not you will need to spend time increasing your score to achieve the 80 points. 

With new docs
complete full
BIA
With new docs
complete full
BIA

Tip

Once you've spent time implementing new policies and practices complete the full BIA with all info and reach the 80 points.

Collect
your 
documents
Collect
your 
documents

Tip

 

Be prepared to spend time improving policies and practices to increase your score. Most companies don't reach 80 points the first time around. You will likely need to make improvements across your business.

You're
a B Corp
Review
and
audit
Review
and
audit

Tip

 

Our global team will be requesting documentation, the quicker you complete and upload these documents/comments the quicker you will be assigned an analyst to review your assessment. Taking too long will delay your process.

 

Checklist

Check you qualify - who can become a B Corp

Review the process

Setup your company profile (size, sector, market)

Learn how to use the BIA tool 

Do a first pass of the assessment

Create actions to get information

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How much does it cost?

If you're in NZ calculate your revenue in AUD as we charge AUD.

Up to $150k

$500

Up to $2M

$1k

Up to $5M

$1.5k

Up to 10M

$2.5k

Up to $20M

$5k

Up to $50M

$10k

Up to 75M

$15k

Up to  $100M

$20k

Up to $250M

$25k

Up to $500M

$30k

Up to $750M

$37k

Up to $1B

$45k

Over

$1B

$50k

Annual Certification Fee (AUD)

B Lab respectfully acknowledges the Wurundjeri people of the Kulin nation, the traditional custodians of the land on which we work, and recognise their continuing connection to land, water and community. We pay respect to Elders past, present and emerging.

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