What Is a B Corp?

What Is a B Corp?

What is a Certified B Corporation?

  • Companies that are committed to working for environmental and social benefit and to make a profit
  • Companies that have gone through a rigorous independent 3rd party verification process by the non profit B Lab to ensure they meet the highest verified standards of social and environmental performance, transparency and legal accountability

Why become a B Corporation?

  • Increase brand awareness, differentiate your company and be a leader in your industry
  • Attract and retain top talent – statistic
  • Increase market share —
  • Improve operations 

What is behind the B Corporation movement?

  • Vision is for an inclusive, equitable and regenerative economic system for all people and the planet
  • Evolution of capitalism to consider impact on all stakeholders – workforce, community, environment, governance and customer impact
  • Belief that the business community can be part of the solution to global problems like wealth inequality, climate change, social justice and racism.

What is the process?

  • Complete Assessment to evaluate how the Company’s operations and business model impact its workers, community, environment and customers.
  • Achieve a minimum score of 80 out of a possible score of 200
  • Provide supporting documents and complete a review call with B Lab.
  • Update  corporate structure to align its legal structure with the company’s mission
  • Pay an annual fee to the non profit B lab that is determined by the companies revenues ranges from $500 to $50K
  • Sign the declaration of Interdependence

What is the next step:

Reach out to impact 360 assessment for a complimentary assessment

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