How do I become a B Corp
Becoming a B Corp
To become a B Corp you need to complete the B Impact Assessment (the BIA) that will evaluate your company’s performance on 5 areas: governance, environment, workers, community and customers. You will need to earn at least 80 points on the BIA before you can submit your assessment for review and become a B Corp.
So what does this look like in practice?
The assessment awards points for the positive impact your company is making across different areas of your business. Here are some examples of things that would earn you points on the assessment:
Most companies can get up to 140 points across the different impact areas—Governance, Workers, Communities, Environment, and Customers. Some companies qualify to get additional points for really important areas, called Impact Business Model (more info here).
The points available vary by sector and company size.
To learn more about what some of the assessment questions look like download this excel spreadsheet here.
A 6-12 month journey (sometimes longer)
Anywhere between 6 months to 1 year or more. A lot of the timing depends on whether your score drops below 80 points during the review process in which case you will need to spend time improving your score.
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.
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.
Select answer options only when you know you have evidence to support your answer.
Do a first
Do a first
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! It’s good to have access to departments such as HR to complete the workers section and Legal to complete Governance sections.
Aim to get your score to 85+ points. Because it isn’t uncommon for your score to drop during the review process. Score drops can be a result of you selecting answers that aren’t reflective of your business.
With new docs
With new docs
On this page
Where to start?
Check you qualify - who can become a B Corp
How do I become a B Corp?
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
Be prepared to spend time improving policies and practices to increase your score. It is uncommon for most companies to take the assessment and score 80+ the first time around. You will most likely need to make improvements across your business.
How much does it cost?
If you're in NZ calculate your revenue in AUD as we charge AUD
Annual Certification Fee (AUD)