Meeting a minimum 80 points verified in the BIA is one of the requirements for certification.
You need 80+ points on the B Impact Assessment to become a B Corp.
There are 5 impact areas in the assessment: Governance, Workers, Community, Environment and Customers.
What's behind the impact score?
The impact score is a sum of all of the individual questions in the assessment. The weight of each question and section depends on the company's specific “assessment track.”The track is determined by the industry, size, and geography of the business taking the Assessment.
Recognising positive impact
Points are awarded for every positive answer to a question. Because the assessment is designed to measure positive impact, points are never lost.
The assessment score is updated automatically in real-time.
What does the B Impact Assessment cover?
The assessment asks questions to capture the impact of a business on all of its stakeholders, including its workers, suppliers, community, and the environment. It also captures best practices regarding an organisation's mission, measurement, and governance.
Most of the questions relate to how a business operates on a daily basis. For example, does your business manage its waste, have benefits for employees, or have its financials audited?
If a business is designed to deliver high levels of social or environmental impact, it may also be scored on additional questions called 'Impact Business Models' (IBMs). As the name suggests, these seek to recognise business models that are different to ordinary businesses. These are rare and worth a lot of points, but won't apply to many businesses.
What do I get points for?
Below are examples of policies and practices that are recognised in the B Impact Assessment.
Tracking satisfaction or engagement
Commitments to justice, equity, diversity & inclusion
Tracking diversity of ownership among suppliers
Banking with a B Corp
Supplier Code of Conduct
Environmental Management System
Monitoring and recording energy, water and waste usage
Recycling different materials
Offsetting GHG emissions
Customer feedback or complaint mechanisms
Regularly monitoring customer outcomes and well-being