B Impact Assessment - B Lab Europe (2024)

B Impact Assessment - B Lab Europe (1)

Become A B Corp

The B Impact Assessment evaluates how your company’s operations and business model impact your workers, community, environment, and customers.

B Impact Assessment - B Lab Europe (2)

B Impact Assessment - B Lab Europe (3)

To obtain the B Corporation certification, a company first needs to complete the B Impact Assessment, which measures the positive impact of the company in areas of governance, workers, community, the environment. Companies that earn a minimum score of 80 out of 200 points undergo an assessment review process, essentially a conference call verifying the claims made in their assessment.

Step 1: Assess

Get started by answering a series of questions on the B Impact Assessment.

Step 2: Compare

See where your business is outperforming others, and where there’s room for improvement.

Step 3: Improve

Identify, track, and learn about improvement opportunities and best practices thanks to our free tools.

B Impact Assessment - B Lab Europe (6)

The B Impact Assessment is independently governed by a Standards Advisory Council, but its content is informed by and references many other social and environmental reporting and performance standards and certifications.

The B Impact Assessment is updated approximately every three years in order to improve the clarity, consistency, and insight of the assessment and its scoring, stay up to date with best practices and innovations in impact measurement, and accommodate ongoing user and stakeholder feedback. The first version of the BIA was released in 2007. Its current version, Version 6, was launched in January 2019.

B Impact Assessment - B Lab Europe (7)

B Impact Assessment - B Lab Europe (8)

The free B Impact Assessment enables companies to measure, manage, and improve their impact by answering a series of questions about business practices and outputs.You don’t have to be a B Corp to use this free and confidential tool, nor do you have to be a C-suite executive or seasoned sustainability professional.

  • > 65 K

    Total European BIA Users
  • > 250 K

    Global BIA Users

B Impact Assessment - B Lab Europe (9)

B Impact Assessment - B Lab Europe (10)

B Impact Assessment - B Lab Europe (11)

The B Impact Assessment is divided into five stakeholder-focused“Impact Areas” — Governance, Workers, Community, Environment, and Customers.

Each impact area is organized by “Impact Topics” that describe the specific dimensions of impact relevant to that stakeholder.

There are impact topics that relate to the impact of a company’s day-to-day operations (those illustrated in white), as well as topics related to the impact of a company’s overall business model (those illustrated in color). You can learn more about how the B Impact Assessment distinguishes between operational impact and impact business modelshere.

B Impact Assessment - B Lab Europe (12)

Together, we are shifting our economic system from profiting only the few to benefiting all, from concentrating wealth and power to ensuring equity, from extraction to regeneration, and from prioritizing individualism to embracing interdependence. Start your journey by taking our B Impact Assessment!

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B Impact Assessment - B Lab Europe (14)

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    B Impact Assessment - B Lab Europe (2024)

    FAQs

    What are the 5 areas of B Impact Assessment? ›

    The B Impact Assessment is divided into five stakeholder-focused “Impact Areas” — Governance, Workers, Community, Environment, and Customers. Each impact area is organized by “Impact Topics” that describe the specific dimensions of impact relevant to that stakeholder.

    What is the B impact score for B Corp? ›

    B Corp certification requires a B Impact Assessment score of 80+ points. It's rare to achieve this first time and most businesses will spend time improving their score.

    Is B Corp legit? ›

    A Certified B Corp is a for-profit corporation that has been certified by B Lab, which is a non-profit company that measures a company's social and environmental performance against the standards in the online B Impact Assessment. There are over 6,000 Certified B Corps in 80 countries across 153 different industries.

    What is the B Lab certification? ›

    B Lab certification is a third-party standard requiring companies to meet social sustainability and environmental performance standards, meet accountability standards, and be transparent to the public according to the score they receive on the assessment.

    What is the B assessment score? ›

    How Does the B Impact Assessment Work? A company's impact score is a sum of all of the individual questions in the assessment. The weight of each question and section depends on the company's specific track. The track is determined by the industry, size, and geography of the business.

    What are the three steps of the B Impact Assessment BIA in order? ›

    How to use the B Impact Assessment
    • Step 1: Assess. Complete the B Impact Assessment by answering a series of questions about your company's practices and outputs across five categories: governance, workers, community, the environment, and customers.
    • Step 2: Compare. ...
    • Step 3: Improve.

    How long does it take to complete a B Impact Assessment? ›

    The time a company needs to complete the B Impact Assessment, achieve the minimum score, and submit it for review by B Lab is highly variable. Once a company submits its assessment, the certification process typically takes between 6-12 months.

    What is the disadvantage of B Corps? ›

    Cons. Obtaining B Corp certification may be a costly, in terms of time and resources rather than certification. Typically, the process of certification takes four to six months, whereby certification is not guaranteed so it could take longer.

    How hard is it to get a B Corp certification? ›

    Yes, it is hard to get B Corp certification. A company must meet high standards for social and environmental performance, meet a legal requirement, and pass a rigorous review process.

    What is B Corp in USA? ›

    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.

    Who funds B Lab? ›

    The organization is funded by left-of-center funders including the Omidyar Network, the Skoll Fund, and the Ford Foundation.

    How many companies are B Lab certified? ›

    The B Corp community has continued to grow rapidly over the past year. Today, there are nearly 8,000 Certified B Corps employing over 700,000 workers in 93 countries around the world.

    What is the purpose of the B Lab? ›

    B Lab is the nonprofit network transforming the global economy to benefit all people, communities, and the planet. It began in 2006 with the idea that a different kind of economy was not only possible, it was necessary – and that business could lead the way towards a new, stakeholder-driven model.

    How many questions are in the B Impact Assessment? ›

    The B Impact Assessment is an in-depth and comprehensive survey, with up to 250 weighted and unweighted questions across different operational Impact Areas and Impact Business Models .

    What is a good B impact score? ›

    Used by more than 150,000 businesses, the B Impact Assessment is a digital tool that can help measure, manage, and improve positive impact performance for environment, communities, customers, suppliers, employees, and shareholders; receiving a minimum verified score of 80 points on the assessment is also the first step ...

    What are the 5 areas of B Corp? ›

    The B Corp impact assessment measures how a company's operations and business model positively impact five key areas: governance, workers, community, environment and customers.

    What are the 5 impact areas? ›

    THE 5 IMPACT AREAS In a nutshell

    In order to become certified, companies must complete a rigorous B Impact Assessment and receive a passing overall score of 80 points in the five impact areas; governance; workers; community; environment; customers.

    What are the 5 categories of B Corp? ›

    The B Impact Assessment evaluates a company's practices and outputs across five categories: governance, workers, community, the environment, and customers.

    What are the 5 pillars of B Corp? ›

    The B Corp certification process measures five pillars of a company's impact which include (1) governance, (2) workers, (3) community, (4) environment and (5) customers.

    What are the 4 types of impact assessment? ›

    Key types of impact assessments include global assessments (global level), policy impact assessment (policy level), strategic environmental assessment (programme and plan level), and environmental impact assessment (project level).

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