What is a B Corp
Certified B Corporations, or B Corps, are leaders in the global movement for an inclusive, equitable, and regenerative economy. They are companies verified by B Lab to meet high standards of social and environmental performance, transparency, and accountability.
B Corps commit to positively impact all stakeholders
Certified B Corporations, or B Corps, envision a better economic system where businesses can benefit people, communities, and the planet. They choose long-term investments over quick wins, and measure their success based on the positive impact they create. In Germany, we’re thrilled to have over 800 B Corps making an impact, with more than 100 of them headquartered here. B Corps come in all shapes and sizes, proving there’s always an opportunity to use business as a force for good.
B Corps are companies that:
-
1
Meet High Standards of Social and Environmental Performance
B Corps demonstrate high social and environmental performance by completing the B Impact Assessment, achieving a score of 80 or above, and passing our risk review.
-
2
Mission-lock their company
B Corps make a legal commitment by adapting their corporate bylaws to be accountable to all stakeholders, not just shareholders – a model known as stakeholder governance.
-
3
Embrace transparency
B Corps publish their company profile on our B Corp Directory, transparently showcasing their performance measured against our standards.
The B Impact Assessment (BIA)
The B Impact Assessment (BIA) is a free and confidential online tool that helps companies measure, manage, and improve their impact. By answering a series of questions about business practices and outputs, it provides a holistic evaluation across 5 impact areas: governance, workers, communities, environment, and customers. Rather than focusing on a single product or service, it assesses the entire organisation’s activities.
Any for-profit company can use the B Impact Assessment, which is already utilised by over 150,000 businesses. You don’t need to be a B Corp, a C-suite executive, or a seasoned sustainability professional to benefit from this tool. Companies that score above 80 points qualify for the certification process, where their assessment claims are reviewed and verified to achieve B Corp status.
Frequently Asked Questions (FAQ)
Check our frequently asked questions to find your answer!
