BCORP Assessment Process Flashcards

What is the significance of earning bonus points in certain 'Impact Business Model' categories on the B Impact Assessment?

Answer: Companies whose core business model creates direct positive impact can earn extra points beyond the standard performance questions

The Impact Business Model bonus points recognize companies whose products, services, or business model are fundamentally designed to create positive social or environmental outcomes.

What must a company do if its B Impact Assessment score drops significantly during recertification?

Answer: The company must address the gaps and demonstrate improvement or risk losing certification

If a company's score drops during recertification, B Lab works with the company to identify areas for improvement, but the company must meet the 80-point threshold to remain certified.

How does the B Impact Assessment account for company size when scoring?

Answer: Questions and benchmarks are adjusted based on whether the company is a micro, small, medium, or large enterprise

The BIA calibrates its questions and relative scoring to reflect the different capacities and impacts of micro, small, medium, and large enterprises.

What is 'Baseline' in the context of the B Impact Assessment?

Answer: A set of mandatory practices a company must have in place to be eligible for certification, regardless of score

Certain baseline requirements represent non-negotiable standards — such as no involvement in certain harmful industries — that companies must satisfy independent of their overall BIA score.

Which type of company structure is specifically noted in the B Impact Assessment as demonstrating a stronger governance commitment?

Answer: Benefit Corporation (PBC) or equivalent legal structure

The BIA awards governance points to companies that have legally embedded their social and environmental mission through a Benefit Corporation or similar legal structure.

What does B Lab do with a company's verified B Impact Assessment score after certification is granted?

Answer: The score is published publicly on B Lab's website as part of the company's B Corp profile

Transparency is a core B Corp value — all certified companies' verified BIA scores and performance highlights are publicly available on B Lab's website.