BCORP Global Movement and Community 3

Question 1

Which of the following best describes the role of B Local groups?

Accepted Answer

Regional chapters that support and connect B Corps within a geographic area

Answer

B Local groups are grassroots networks of B Corps in a specific region that collaborate, advocate, and support each other.

Question 2

What is the relationship between B Lab US & Canada and B Lab Global?

Accepted Answer

B Lab US & Canada is one of several regional B Lab partners that implement standards within their territory under B Lab Global oversight

Answer

B Lab operates through a network of regional partners like B Lab US & Canada, all aligned under B Lab Global's governance structure.

Question 3

Which industry sectors are most heavily represented in the global B Corp community?

Accepted Answer

Services, retail, and consumer goods

Answer

Services, retail, and consumer goods companies make up the largest share of certified B Corps globally.

Question 4

How does B Corp certification differ from a simple corporate social responsibility (CSR) program?

Accepted Answer

B Corp certification is third-party verified against rigorous standards, while CSR programs are self-declared

Answer

B Corp certification requires independent verification and a minimum BIA score, whereas CSR programs are self-reported with no external validation.

Question 5

What does it mean for the B Corp movement to be 'systems change' oriented?

Accepted Answer

It aims to shift the rules, norms, and culture of capitalism itself, not just improve individual companies

Answer

The B Corp movement seeks to redefine what success in business means at a systemic level, making stakeholder capitalism the norm.

(BCORP) Certified B Corp Practice Test