B Corps are businesses that meet high standards of social and environmental performance, accountability, and transparency. Certified B Corporations, or B Corps, envision a better economic system where businesses can benefit people, communities, and the planet.

B Corp certified organisations are currently assessed across Governance, Workers, Environment, Customers and Community. As long as you get at least 80 points in total across all categories, you’re eligible for certification. This is set to change at the beginning of 2024, with 10 specific requirements coming into force. 5 of these will affect the Environmental category: climate action, circular and environmental stewardship, collective action, impact management and risk mitigation.

The B Corp assessment process currently requires organisations to:

1. Demonstrate high social and environmental performance by achieving a B Impact Assessment score of 80 or above and passing the B Lab risk review. 
2. Make a legal commitment by changing their corporate governance structure and be accountable to all stakeholders. 
3. Exercise transparency and accountability  by publicly sharing their profile on their performance results on their B Corp profile on B Lab’s website. 

Organisations are currently assessed across Governance, Workers, Environment, Customers and Community. As long as you get at least 80 points in total across all categories, you’re eligible for certification. This is set to change at the beginning of 2024.