B Corporation certification
E1022176
B Corporation certification is a designation awarded to for-profit companies that meet high standards of social and environmental performance, accountability, and transparency.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| B Corporation | 1 |
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
business certification
ⓘ
social enterprise standard ⓘ sustainability certification ⓘ |
| administeredBy | B Lab NERFINISHED ⓘ |
| alignedWith | triple bottom line principles ⓘ |
| alsoKnownAs | B Corp certification ⓘ |
| appliesTo | for-profit companies ⓘ |
| assessmentCovers |
community
ⓘ
customers ⓘ environment ⓘ governance ⓘ workers ⓘ |
| basedOn | B Impact Assessment NERFINISHED ⓘ |
| distinctFrom | benefit corporation legal status ⓘ |
| encourages | continuous improvement in impact ⓘ |
| feeStructureDependsOn |
company revenue
ⓘ
company size ⓘ |
| focusesOn | measurable positive impact ⓘ |
| hasGlobalReach | true ⓘ |
| hasGoal |
balance profit and purpose
ⓘ
promote stakeholder capitalism ⓘ redefine business success ⓘ |
| hasSymbol | encircled capital letter B logo ⓘ |
| headquarteredCertificationBodyIn | United States NERFINISHED ⓘ |
| introducedBy | B Lab NERFINISHED ⓘ |
| introducedInYear | 2006 ⓘ |
| monitoredBy | B Lab standards management team ⓘ |
| recertificationInvolves | updated B Impact Assessment ⓘ |
| requires |
accountability standards
ⓘ
consideration of all stakeholders ⓘ high environmental performance standards ⓘ high social performance standards ⓘ legal accountability to stakeholders ⓘ meeting baseline legal compliance ⓘ payment of certification fees ⓘ public transparency of impact scores ⓘ transparency standards ⓘ |
| requiresMinimumScore | 80 points on the B Impact Assessment ⓘ |
| requiresRecertification | yes ⓘ |
| requiresVerification |
documentation review
ⓘ
possible onsite review ⓘ |
| sectorAgnostic | true ⓘ |
| standardsUpdated | periodically ⓘ |
| targetsCompanySizeRange |
large enterprises
ⓘ
medium enterprises ⓘ small enterprises ⓘ |
| usedAs |
marketing differentiator
ⓘ
signal of responsible business practices ⓘ |
| validityPeriod | typically three years ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
B Corporation