Guide to becoming a B Corp

3. Learn Timing

Find out what you need to do to get your company B Corp certified. 

It's different for every company  but we've put a general timeline together to help you plan your time and resources needed to get the job done! 

The process can take anytime from 1 year or longer from when you start the assessment.

 

Currently we're experiencing record demand for certification so there are some wait times after submission - jump to submit and verify to read more.

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A 12 month journey (sometimes longer)

 

Understand the business case

Read about why companies are becoming B Corps and the benefits of certification.

Pitch to your boss

Get senior team buy in from the start as you will need their help/expertise to complete the assessment. 

Engage your team

More hands makes lighter work! If you're a larger company you will need info from various departments (e.g. HR, Legal etc...)

5+ hours

Do a first pass at the BIA

Contact us if you're >$100millon in revenue

We will need to scope your business to give you the best certification pathway forward. Please email support@bcorporation.com.au 

Complete as much of the BIA as you can and bookmark questions to come back to later. 

Tip: Get someone senior to do the first pass as they will likely have access to more info needed 

3+ hours

Do final pass at BIA

2+ months

Collect documents and improve score

Collect missing info from team members and if your score is below 80 set goals to improve 

Tip: Assign questions/sections to other team members

Add in new info from improvements and collected documents. If >80 submit, if below 80 improve your score 

Tip: Allow time for score improvements

Certify

Your assessment has been verified, your score is +80 points, pay the annual fee and make your certification official!

9+months

Submit and verify

Pay submission fee and wait for our global standards team to review and verify your assessment. 

Tip: Jump to our submit & verify page for more info

How much does it cost?

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

Under $5M

$20,000

$25,500

$30,000

$35,000

$40,000

$45,000

$50,000

Up to $75M

Up to $100M

Up to $175M

Up to $250M

Up to $500M

Up to $750M

Up to $1B

$75M-1B

Up to $150k

Up to $500k

Up to $700k

Up to $1M

Up to $1.5M

Up to $2M

Up to $3M

$1,000

$1,100

$1,200

$1,300

$1,400

$1,600

$1,800

$5-50M

Up to $5M

Up to $7.5M

Up to $10M

Up to $15M

Up to $20M

Up to $30M

Up to $50M

$2,000

$2,500

$3,750

$6,000

$8,500

$12,000

$16,000

This pricing applies to new certifications from 1 July 2021 - for current Certified B Corporations paying annual fees prior to this date, legacy pricing will be applied.

A submission fee of A$250 now applies to Australian and New Zealand companies who submit their B Impact Assessment to begin the B Corp certification Review process. Learn more here.

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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