Difference between revisions of "B corporation certification"
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+ | [[File:Certified_B_Corporation_B_Corp_Logo_2022_Black_RGB.svg|thumb|Certified B Corporation logo mark. This B Corp mark can only be used by companies certified by B Lab.]] |
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In business, a B Corporation (also B Corp) is a for-profit corporation certified by [[B Lab]] for its social impact. B Corp certification is conferred by B Lab, a global non-profit organization. To be granted and to maintain certification, companies must receive a minimum score of 80 from an assessment of its social and environmental performance, integrate B Corp commitments to stakeholders into company governing documents, and pay an annual fee based on annual sales. Companies must re-certify every three years to retain B Corporation status. |
In business, a B Corporation (also B Corp) is a for-profit corporation certified by [[B Lab]] for its social impact. B Corp certification is conferred by B Lab, a global non-profit organization. To be granted and to maintain certification, companies must receive a minimum score of 80 from an assessment of its social and environmental performance, integrate B Corp commitments to stakeholders into company governing documents, and pay an annual fee based on annual sales. Companies must re-certify every three years to retain B Corporation status. |
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Revision as of 22:25, 8 July 2024
In business, a B Corporation (also B Corp) is a for-profit corporation certified by B Lab for its social impact. B Corp certification is conferred by B Lab, a global non-profit organization. To be granted and to maintain certification, companies must receive a minimum score of 80 from an assessment of its social and environmental performance, integrate B Corp commitments to stakeholders into company governing documents, and pay an annual fee based on annual sales. Companies must re-certify every three years to retain B Corporation status.
As of February 2024, there are 8,254 certified B Corporations across 162 industries in 96 countries.