More and more business leaders are searching for ways to measure their impact and to make their businesses more sustainable and transparent. Certified B Corporations™ redefine success in business. Individually, B Corps meet the highest standards of verified social and environmental performance, public transparency, and legal accountability, and aspire to use the power of markets to solve social and environmental problems.
Make your business a force for good
What Are B Corps?
B Corps are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. All B Corporations measure their social and environmental impact and commit themselves personally, institutionally, and legally to make decisions based on the long-term impact of their actions for the community and the environment.
This new type of company expands the concept of corporate responsibility in a few key ways. First, it extends the legal concept of fiduciary duty to include long-term non-financial interests. It also commits to continuously improving its social and environmental impacts. And it elects to operate according to high standards of performance and transparency.
How Do I Become a B Corp?
1. Meet Performance Requirement
Complete the B Impact Assessment and earn a validated minimum score of 80 out of 200 points.
2. Meet Legal Requirement
Determine the path for your corporate structure and state of incorporation, ensuring that your mission can survive well into the future.
3. Make It Official
Sign the B Corp Declaration of Interdependence and Term Sheet.
Multinationals and Public Companies
We are thrilled that a growing number of multinational and publicly traded companies are interested in joining the B Movement, and we aspire to work with companies of all sizes. However, a number of institutional and practical barriers have made it difficult for multinational corporations and publicly traded companies to obtain B certification and for B Lab to adequately evaluate and verify their performance.
The B Movement is committed to creating standards and a certification process that is both meaningful and manageable. In September 2015, B Lab established a Multinational and Public Market Advisory Council (Multinationals and Public Markets). The work of the MPM Advisory Council will last through 2017 and will lead to a clear path to B Corp certification for multinationals and public companies.
In the meantime, there are plenty of ways for these kinds of enterprises to get involved with the B Movement. Learn more about Engagement Opportunities for Multinationals and Public Companies.
Certification For Startups
Start-ups on the path to full certification can earn temporary Certification Pending designation, good for twelve months. It's a little like Patent Pending. This can be useful to communicate to your stakeholders that you're on the path to full B Corp Certification. You also get to engage as a soon-to-B peer with a community of more than 1,000 Certified B Corps to help you build a better business as you move to full certification.