We’ve also learned that B Lab’s assessment is tough! The results of background checks undergo the same review process as items selected in the Disclosure Questionnaire. To achieve this, businesses measure their social impact and environmental impact, using the B Impact Assessment and the SDG Action Manager tool. In order to become a certified B Corp, companies are required to: 1. Tip: Set aside ~1 hr and estimate your answers for a first pass. See Disclosure Questionnaire above for more information. Sign up for a free webinar to learn more about the case for B Corp certification and the process. A poorly-managed company won’t pass. The initial step is to complete an on-line assessment (B Impact Assessment). Some back-and-forth is common following the review call and on average an additional one to three weeks may be required to resolve any outstanding questions about documentation. Le changement. Simply taking the Assessment does not automatically make a company a B Corp nor does it obligate the company to pursue B Corp Certification. Finally, we run regional engagement programs to onboard new businesses in our movement. B Corporation certification (assessed by the not-for-profit B Lab) is given to for-profit organisations who achieve at least a minimum score against a set of social and environmental standards. To become a B Corp, businesses need to complete the B Impact Assessment and ensure they meet the legal requirements. A B Corp, otherwise known as a Certified B Corporation, is a business that has met certain high standards established by the non-profit B Lab, which provides the B Corp certification. The review process is central to the B Corp Certification and Community - it is our process to ensure that B Corps are stewards in creating a positive impact and meet the highest standards of social and environmental performance. Which year of data should I use to complete the Assessment? The questions on your company’s B Impact Assessment are determined by company size, sector, and market, with around 200 questions total. 2. A company’s BIA score can be a barometer, which shows where a company is … Through B Lab’s assessment process, we’ve learned a lot about how to improve as a business. To qualify for certification, companies must score a minimum of 80 points out of a possible 200. B Corps need a minimum of 80 out of 200 points to get certified. This isn’t just good marketing—B Corps also respect and share with each other, which is good for business and good for the ecology of a socially responsible economy. The Verification Process. Your responses to the B Impact Assessment determine your total numeric score. Achieve a score of at least 80 points on the B Impact Assessment and submit it for review. How should we approach the Assessment? Score Verification, Documentation & Assessment Review, Schedule an Assessment Review and Submit Initial Documentation, Learn more about requirements for subsidiaries. A simple look at which questions your company already excels at and which practices it could improve on. Note: Need help making a plan to meet these requirements? The benefit corporation is a legal structure for a business, which exists in 34 states across USA, Italy and Colombia. If required, an Assessment Review call typically takes 60 to 90 minutes. “Going through the certification requires taking a close look at how you run your business. B Corps have been around in the US since 2007, with brands like Ben & Jerry's and Patagonia achieving certification. Certified B Corporations are a new kind of business that balance purpose and profit. This article explains the Review Process, which typically applies to all small and medium businesses, and may also apply to larger companies depending on their structure. B Impact Assessment. Companies also must meet certain transparency requirements to become Certified B Corps, as laid out in the B Corp Agreement. 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. Public companies and wholly-owned subsidiaries are subject to additional transparency requirements. If I use the Assessment, does our company have to become a B Corp? There are a few additional steps, beyond using the B Impact Assessment, that a company must take to achieve B Corp 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. B Corp Basics. They make decisions that make a positive impact across their workers, customers, suppliers, community, and the environment. To obtain a B Corporation certification, a company first completes an online assessment. The content of the B Impact Assessment is overseen by B Lab’s … Assess how your company is better for your workers, community, customers, and the environment. Companies with material items in their Disclosure Questionnaire or background check may be asked to make incremental information transparent on their online profile. Measure what matters most: your social and environmental impact B Impact Report The assessment is painstaking, as Prosenjak and others attest. Auditing for B Corp businesses. The time it takes to complete the assessment will vary based on your company's size and complexity. ... you will only need to produce any documentation if your company chooses to apply for B Corp Certification. A poorly-managed company won’t pass. They are legally required to consider the impact of their decisions on their … B Corporation status can be achieved by receiving accreditation from B Lab (a non-profit organisation). B Lab Switzerland is a non-profit organisation based in Geneva, that believes business can be used as a force for good. Les entreprises labellisées à date sont de toutes tailles et tous secteurs, icônes historiques comme Patagonia, Natura, Alessi ou Ecover, « jeunes pousse… Get Started. The comparison isn’t apples to apples. That’s no small mission. Due to high volume of interest (a good problem to have), response times and scheduling of review calls may take longer than expected. Measure what matters most: your social and environmental impact It makes you be even better. 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. The questions on your company’s B Impact Assessment are determined by company size, sector, and market, with around 200 questions total. To become certified as a B Corp, companies must complete an assessment of their impact in five categories: environment, workers, customers, community and governance. Visit B Cop™ website Certified since: January 2017. See Sample Questions. Many organizations are both SEA members and certified B Corps. Learn more about what it means to be a Certified B Corporation with the free Intro to B Corps short course. Cette certification est attribué par B Lab [archive], un organisme sans but lucratif établi aux États-Unis, en Europe, en Amérique du Sud, au Canada, en Australie et en Nouvelle-Zélande. 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. The questions on your company’s B Impact Assessment are determined by company size, sector, and market, with around 200 questions total. In order to become a B Corp, your organization has to get score of at least 80 out of 200 on the stringent Impact Assessment. At this time, B Lab also reserves the right to ask for clarifying documents based on the initial review. 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. Create an improvement plan with free best practice guides and your custom Improvement Report. Our goal for this review is to verify the requirements of the certification and further confirm the accuracy of affirmative responses in the company's B Impact Assessment. New York City, New York. Here, what the certification entails, and how your own mission-driven startup can benefit. B Corp Certification is the only certification that measures a company’s entire social and environmental performance. The BIA helps companies identify sustainable and purposeful practices they have neglected, which they may not realize until the assessment process. For Bridges Fund Management, a London-based fund manager founded in 2002 and a B Corp since 2015, the B Impact Assessment (BIA) also is part of its evaluation process for potential investments. In acknowledgement of the fact that changing corporate structure or articles takes time, B Lab allows a grace period for mid-to-large sized companies with 10+ employees to complete the legal requirement after certification is complete, the length of which varies depending on structure and location. You have to agree to a possible on-site review/audit of your … Companies are required to provide supporting documentation before they are certified. 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