We put together a blog on the steps we took and shared some tips and templates we used to get through the assessment to help those starting out. The latest version of the B Impact Assessment standards is now available! Complete and submit the BIA to begin the performance requirement of certification. B Corps are certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. The questions on your company’s B Impact Assessment are determined by company size, sector, and market, with around 200 questions total. Via an extensive B Corp assessment, a company must demonstrate that it meets strict social criteria in areas such as governance, employees, customers and the environment. The B Impact Assessment (BIA) is a tool to assess a company’s overall social and environmental performance. What does B Lab use the B Impact Assessment for in my Pending B Corp application? Start the B Impact Assessment to continue the journey towards B Corp Certification. Some of the benefits include: Begin working on your Impact Assessment. Hey all! B Corp certification is to business what Fair Trade certification is to coffee or USDA Organic certification is to milk. As a Certified B Corp, your company will be committed to the highest standards of social and environmental responsibility in business. Even companies that are not considering certification could learn a lot by spending the two hours to take the free assessment. Certified B Corps are a new kind of business that balances purpose and profit. Expect to take 60-90 minutes to take a first pass, but since it’s an online checklist, you can work on it, save it, and then return to it later to complete it. We caught up with Andy Hawkins (Chief Purpose Officer, Business On Purpose) to see how the first half of the programme has progressed. Using the B Corp Assessment. The sections are weighted differently depending upon the type of business (service, wholesale/retail, manufacturers, and agricultural/growers), the number of employees, and whether the business is located in a developed vs. emerging economy. 3,499. The Impact Assessment is a great tool to use to assess your company’s sustainability practices. It isn’t meant to be easy – this isn’t a 10-question checklist that you complete quickly. Go here and take the assessment (BIA). The B Impact Assessment is one of the third party standards that meets the statutory requirements for a benefit report. They are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment. Did you find it helpful? Certified B Corps are companies that are committed to using the power of business as a force for good. Unifying Goal. But whoah - it was a process. Using the B Corp Assessment The Impact Assessment is a great tool to use to assess your company’s sustainability practices. It’s a great tool designed to help you continue to make improvements to your practices. You can start wherever you are and be a great B Corp consultant,†says Honeyman. Get started on your B Corp assessment. Technology platforms: In addition to serving as the primary tool for B Corp Certification, we offer the B Impact Assessment as a free tool for companies to measure and improve their impact. Today, there is a growing community of more than 1,700 Certified B Corps from 42 countries and over 130 industries working together toward 1 unifying goal: to redefine success in business. Interested in becoming a B Corp? The full B Corp assessment, which takes two to four hours to complete Both assessments are free to complete and the information remains completely confidential. The blend of for-profit and mission-driven design differentiates a B Corp from both conventional for-profit companies and nonprofit organizations and helps attract clients who share the company’s values. There’s also a Disclosure Questionnaire, which asks about specific items where a company must disclose if it is involved in activities such as gambling, payday lending, or wildlife or wildlife products. B Lab delivers the B Corp Certification to companies that meet the highest standards of verified social and environmental performance, legal accountability and public transparency. A great way to get your business moving on the pathway to becoming a B Corp. Ben & Jerry's. B Corp certification is conferred by B Lab, a global nonprofitorganization with offices in the United States, Europe, Canada, Australia, New Zealand and a partnership in Latin America with Sistema B. The B Impact Assessment evaluates how your company’s operations and business model impact your workers, community, environment, and customers. The two icons in the upper right-hand corner are quite useful. When you do this, you’ll be prompted to set a goal. The time it takes to complete the assessment will vary based on your company's size and complexity. B Corps aspire to use the power of business to solve social and environmental problem. B Lab, a third-party non-profit certifies it. The B corp guys appear to have done some heavy research to put this together. Check out "The Path To B Corp Certification" webinar and our website for more resources. We spoke to Kate Sandle, Community Manager for B Corp UK, whose favourite interpretation of B Corp comes from Ghandi – “Be the change you wish to see in the world”. Important: Nonprofits can not pursue certification but can use the Assessment as a tool to improve their practices. The B Impact Assessment (BIA) is a tool to assess a company’s overall social and environmental performance. You can then choose your goal (the options are based on the answers provided for that particular question), choose a due date, and receive an email reminder. Visit B Cop™ website You’ll then need to complete the BIA and score a minimum of 80 points out of 200. B Corp Certification is a mark of trust: a promise that a company is doing business in a way that meets rigorous standards of social and environmental performance, transparency and accountability. But earning the right to add the B Corp seal to your business is not like slapping a meaningless label like “All Natural” on your product. In fact, there’s even an alert at the beginning of the assessment that prepares you for what you can expect as you go. Find a B Leader. BC Assessment Special Notification for 2021 Farm Classifications Aug 20, 2020 On July 29, 2020, the Provincial Government announced that, in response to the COVID-19 pandemic, all 2020 existing Farm Class properties will automatically retain Farm Class for the 2021 Assessment Roll. Taken together, the Impact Assessment and Disclosure Questionnaire comprise a holistic framework for any company that is seeking to do good through its business – which is, of course, what B Corps are doing! To be granted and to maintain certification, companies must receive a minimum score from an assessment of "social and en… Instead, it’s a comprehensive assessment of your company’s impacts on a wide range of social and environmental areas. They are legally required to consider the impact of their decisions on their … Benefit Corporations adopt a corporate form that is legally recognized, similar to a C Corporation or S Corporation (the key difference being, of course, the consideration of all stakeholders). Fetzer scored an 80. 74. B Impact Assessment (BIA) Company Size Definitions.  “The great part about B Corp consulting, the value that the assessment brings, is that you don’t need a long, deep history of sustainable knowledge to help businesses be better. We spoke to Kate Sandle, Community Manager for B Corp UK, whose favourite interpretation of B Corp comes from Ghandi – “Be the change you wish to see in the world”. This assessment is the tool that Patagonia uses to evaluate its own impact, and it’s available to you as well! In the assessment, a company must score at least 80 points on a scale from 0 to 200 to become a certified B Corp. They must also earn a … In general, the B Impact Assessment provides a judgment (via an objective, comprehensive rating) on how significant a company’s current impact is.The B Impact Assessment is commonly confused with reporting systems or definition frameworks that detail how a company should go about collecting that impact data, but not Join the global community of Certified B Corps . The assessment grades your company’s accountability and transparency, its impact on employees, the community and the environment, as well as the beneficial impact of its products or services. To date, our community includes over 3,500 B Corps in 70 countries and 150 industries, over 8,000 benefit corporations, and more than 100,000 companies manage their impact with the B Impact Assessment and the SDG Action Manager. The B Impact Assessment The most credible tool a company can use to measure its impact on its workers, community, environment, and customers. You will receive two types of feedback: A. This is a sample question that you will see as you begin your assessment. Have you started working on your B Impact Assessment, or are you thinking about it? The assessment is free and confidential, you can add multiple team members, set goals and compare your answers to thousands of other businesses. B Corp Quick Impact Assessment [22/200] Backbone.ms wants to become a B-Corporation . The B in B Corp is open to interpretation. Benefit corporations can use the B Impact Assessment to generate a free B Impact Report for Benefit Corporations. 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. This assessment must be repeated every three years. Industries. From your supply chain and input materials to your charitable giving and employee benefits, B Corp Certification proves your business is meeting the highest standards of verified performance. B Lab delivers the B Corp Certification to companies that meet the highest standards of verified social and environmental performance, legal accountability and public transparency. In the assessment, a company must score at least 80 points on a scale from 0 to 200 to become a certified B Corp. Since your business is under 12 months in operations, the B Impact Assessment is organized to capture 12 months of business operations. Work on your assessment in between the sessions, and get your questions answered by experts. B Corporation status can be achieved by receiving accreditation from B Lab (a non-profit organisation). Get Started This is a community of leaders, driving of a global movement of people using businesses as a force for good. The B Impact Assessment (BIA) is one of the most rigorous tools available to measure your company’s impact. 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. Help us improve this article with your feedback. The B Corp assessment scores applicants on a scale between 1 and 200, with a score of 80 required to receive certification. The benefit corporation is a legal structure for a business, like an LLC or a corporation. Snapshot Report. This assessment must be repeated every three years. Certified B Companies are a new kind of business that balances purpose and profit. A 90-minute workshop followed by a 90-minute Q&A session 2 weeks later. Words by Ryan Honeyman. Taken together, the Impact Assessment and Disclosure Questionnaire comprise a holistic framework for any company that is seeking to do good through its business – which is, of course, what B Corps are doing! B Corp certification is available to companies with at least six months of revenue. Certified B Corporations are leaders of a global movement of people using business as a force for good. B Corps are for-profit businesses throughout the globe that have earned B Corp certification. Public Markets In 2017, Laureate Education, a higher education company with campuses around the world, was the first benefit corporation to have an initial public offering (IPO). Modified on: Mon, 10 Feb, 2020 at 12:41 PM. Via an extensive B Corp assessment, a company must demonstrate that it meets strict social criteria in areas such as governance, employees, customers and the environment. The star allows you to mark a question for improvement. 150. Quick disclaimer: there is more to becoming B certified than simply scoring a minimum of 80/200 on the assessment. The BIA is a comprehensive survey of your business practices that determines your impact on all stakeholders. Learn more about B Corporations and view Ben & Jerry’s Impact Assessment. A simple look at which questions your company already excels at and which practices it could improve on B… B Corps are certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. The B Impact Assessment and B Corp certification The B Impact Assessment is the most credible tool a company can use to measure its impact on its workers, community, environment and customers. Snapshot Report. To become a Certified B Corporation, a company have been in operation for one year (though there are steps a startup can take to prepare for B corp certification) and must earn at least 80 points out of 200 on the Impact Assessment. The initial step is to complete an on-line assessment (B Impact Assessment). Nonprofits can not pursue certification but can use the Assessment as a tool to improve their practices. Certified B Corps are a new kind of business that balances purpose and profit. They set out on a 10-week programme to complete their BIA, the first step on the journey to becoming a B Corp certified company. You’ll also be joining a growing, international movement for sustainability in business. Nov 05, 2014. Do you need help with completing the Impact Assessment? You will receive two types of feedback: A. B Leaders complete an intensive 5-day training programme covering all areas of B Corp certification and the B Impact Assessment. These trained professionals can offer guidance and support to companies thinking about, preparing for or going through the B Corp certification process. See where you stand to meet the 80 point bar for B Corp certification and benchmark your results against 40,000 other businesses. Some of the benefits include: Objectively assessing your business. LEARN MORE ABOUT B CORPS To obtain B Corp certification, a company must complete a B Impact Assessment (BIA) and earn an audited minimum score of 80 out of 200 possible points and recertify - with the aim to continuously improve - every three years. Certified B Corporations achieve a minimum verified score on the B Impact Assessment—a rigorous assessment of a company’s impact on its workers, customers, community, and environment—and make their B Impact Report transparent on bcorporation.net. Five weeks ago, three Future Space businesses joined the B Corp Business Impact Assessment (BIA) cohort with Andy Hawkins. The B Impact Assessment is one of the third party standards that meets the statutory requirements for a benefit report. What You Ought to Know About Certified B Corps, Top 10 Best Benefits of Green Business Certification, How A Sustainability Framework Can Improve Your Business. You’ll also have the opportunity to provide feedback if something is unclear or missing; this feedback is then used to make improvements to future versions of the assessment. To become certified as a B Corp, companies must complete an assessment of their impact in five categories: environment, workers, customers, community and governance. We recently got certified in August yay! Benefit corporations can use the B Impact Assessment to generate a free B Impact Report for Benefit Corporations. A simple look at which questions your company already excels at and which practices it could improve on B… The full B Corp assessment, which takes two to four hours to complete Both assessments are free to complete and the information remains completely confidential. What is the B Impact Assessment? The Impact Assessment is a great tool to use to assess your company’s sustainability practices. B Corps have been around in the US since 2007, with brands like Ben & Jerry's and Patagonia achieving certification. This field is for validation purposes and should be left unchanged. Consider what Rose Marcario, CEO of Patagonia, had to say about the B Impact Assessment: Although we submit to other audits of labor and environmental practices, the B Impact Assessment (a free tool that helps companies measure, compare and improve their social and environmental performance) provides us with the only comprehensive view of our standing with all our stakeholders: owners, employees, customers, local communities, suppliers’ communities and the planet.”. Learn more about the B Corp legal requirements here. Certified B Corps • Certified B Corporation is a certification conferred by the nonprofit B Lab. To certify your business as a B Corp, your company needs to be in operation for one year (if you’ve been in business for less than a year, check out the B corp guide for startups). This first step is a simple one. In the first installment of this series, we focused on the reasons why you should consider pursuing B Corp certification for your company. My name is Becky from Harvey. Fill out some basic information about your company to get started and then complete the different sections. Companies. No. B Corp Certification is the next chapter for socially responsible businesses. How to Raise Your B Corp Assessment Score. Yes The items in the blue bar will provide you with explanations, examples, and resources for each question. 1,000+ full-time equivalent workers. assessing the b corp assessment Monday, April 10, 2017 by Corey Kohn It was recently time to re-certify as a B Corp - we were happy to do it and pleased to pass with flying colors.Just like the original assessment, the recertification took some serious time and energy, but we've been really pleased to be a B Corp these last two years and so it felt well worth it. Countries. Measure what matters most: your social and environmental impact The B stands for benefit and the B Corp certificate is awarded to a business that can prove it has a triple bottom-line, one that counts its impact on people and the planet, as well as its profits. B Corp certification helps consumers filter out potential greenwashers through the BIA’s rigorous assessment processes and high standards. Start-ups can be eligible for the B-pending status during the first 12 months of operations in order to get certified as a B-Corporation after one year in the countries where a legal status for B-Corporations exists. The bookmark allows you to flag measures to revisit them later; this is useful for when you’re not sure about an answer and you want to come back to it later. Fill out the form below so that we can talk about how you can complete your assessment quickly and easily. Also, becoming a Certified B Corp does not change your tax status, nor does meeting the B Corp legal requirements. 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