What Are The Requirements?
The 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. In order to achieve certification, a company must:
Complete the assessment
Demonstrate high social and environmental performance by achieving a B Impact Assessment score of 80 or above and passing our risk review. Multinational corporations must also meet baseline requirement standards.
Meet the legal requirements
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.
With the exception of circumstances outlined on B Lab's Controversial Issues page, any established for-profit company may pursue B Corp Certification. There is no minimum or maximum size. Certain companies, such as those under a year old, those with related entities, or large multinational and public companies, have additional considerations and requirements.
Confirm your eligibility for certification, check legal requirements and determine your certification pathway.
Create an account and begin the
B Impact Assessment (BIA). Rally a team and get them involved in completing the assessment.
As you complete the assessment, keep a record of your supporting documentation for verification later on.
Improve your score
After completing the assessment, reevaluate and prioritise improvement areas in order to meet an ideal buffer of 85 points.
Submit your assessment and pay the submission fee. Ensure you're on track to meet the legal requirement.
Complete request for further information and documentation
for review by the assigned analyst.
Evaluation & Verification
If you meet the 80-pt benchmark after verification, sign the B Corp Agreement and pay the certification fee.
All B Corps have to recertify every three years. Use the BIA as a tool for continuous improvement.
The general pathway to certification:
Company Annual Revenue
less than $1M
$1M to < $2M
$2M to < $3M
$3M to < $5M
$5M to < $10M
$10M to < $20M
$20M to < $50M
$50M to < $75M
$75M to < $100M
$100 to < $250M
$250M to < $500M
$500M to < $750M
$750M to < $1B
The B Corp Certification is based on the verified practices and policies of a company over the past year — rather than what it aspires to do in the future. That means that only companies that have been in operation for at least twelve months are eligible for the B Corporation Certification.
Many start-ups who are not yet eligible want a way to signal to stakeholders that they are on track to certifying as a B Corp. Pending B Corp status helps those early stage companies to make that commitment. Find out more about the Pending B Corp status.
Pending B Corp
The B Impact Assessment is provided as a public-good. B Lab Singapore encourages all companies to use this complimentary self-assessment framework to measure and improve their impact.
Fees apply for companies seeking to become a Certified B Corporation.
All companies submitting their BIA for verification for the first time are subject to a non-refundable submission fee of US$350. This fee enables B Lab to focus resources and review processes on companies that are committed to the B Corp Certification. Companies who meet the performance requirements for B Corp certification may use the submission fee to offset the first year B Corp Annual Certification Fee. There is no submission fees for companies seeking recertification.
The fees below apply in US$.
If your company generates more than $100M USD in annual revenue with 10 or more subsidiaries operating in multiple countries or generates more than $1B USD in annual revenue, you will fall under the Large Enterprise Certification Approach. The Large Enterprise cost structure is complex. The certification pathway consists of a combination of required and optional services, which are determined by the company’s operational structure and associated risk.
Contact us for pricing information.