How to Become B Corp
B Corp Certification is a designation that a business is meeting high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials.
A journey of continuous improvement
The B Corp Certification is holistic and not exclusively focused on a single social or environmental issue. The process to achieve and maintain certification is rigorous and requires engaging teams and departments across your company.
Verification involves documentation of your company’s business model and information about your operations, structure, and various work processes, as well as review of potential public complaints and possible site visits. Recertification confirms these standards continue to be met on an ongoing basis.
To become B Corp you will have to:
1. Complete the B Impact Assessment
Demonstrate high social and environmental performance by achieving a B Impact Assessment score of 80+ and passing the Disclosure Questionnaire.
Go to the B Impact Assessment here
Make a legal commitment by changing corporate governance structure to be accountable to all stakeholders, not just shareholders, and achieve benefit corporation status if available in their jurisdiction.
Go to the legal requirement tool.
2. Verify your claims
Go through a Verification Process with a Standard Analyst looking at both your Operational Impact and your Impact Business Models to verify that you can document the claims made in the B Impact Assessment.
Check the Timeline Overview
4. Be transparent
Exhibit transparency by allowing information about their performance measured against B Lab’s standards to be publicly available on their B Corp profile on B Lab’s website. To maintain certification, you will have update your B Impact Assessment and verify your updated score every three years.
Need Help?
Are you struggling to complete the B Impact Assessment? Do you want to know where your gaps are and need help to improve impact? We have assembled a cohort of knowledgeable consultants who have been through the process and know how to advise you.
You can receive the help from external consultants in two ways:
Help from a B Corp Way Partner
You can get help from consultants from a B Corp Way Partner. B Corp Way Partners are certified B Corp certified themselves, so they have been through the process before and can guide you as well. Find a B Corp Way consultant.
Help from a B Leader
You can get help from a B Leader that has been through an intense 4 module training made by B Corps in the Nordics. Find a B Leader.
Certification Pricing
A one-off submission fee is paid when you submit your company for certification. Certification fees are paid annually which is based on your company’s revenue.
Submission Fee
All companies submitting their B Impact Assessment for verification for the first time are subject to a non-refundable Submission Fee. This fee helps us focus our review processes on companies that are committed to completing the B Corp Certification. The submission fee is charged at the point at which companies submit their first B Impact Assessment for review, signaling their commitment to certification.
Annual Sales
€0 – €4,999,999
€5,000,000 – €49,999,999
€50,000,000 – €99,999,999
€100,000,000+
Submission fee
€250
€500
€750
€900
Annual Certification Fee
For B Corps, certification fees are then paid annually, and are calculated based on your company’s total revenue on the last set of audited accounts.
Revenue
€0 – €2,499,999
€2,500,000 – €4,999,999
€5,000,000 – €7,499,999
€7,500,000 – €9,999,999
€10,000,000 – €14,999,999
€15,000,000 – €19,999,999
€20,000,000 – €29,999,999
€30,000,000 – €49,999,999
€50,000,000 – €74,999,999
€75,000,000 – €99,999,999
€100,000,000 – €174,999,999
€175,000,000 – €249,999,999
€250,000,000 – €499,999,999
€500,000,000 – €749,999,999
€750,000,000 – €1,000,000,000
Yearlty Fee
€2,000
€2,500
€3,000
€4,000
€6,000
€8,500
€12,000
€16,000
€20,000
€25,000
€30,000
€35,000
€40,000
€45,000
€50,000