BCORP Licensing Criteria 2

Question 1

What minimum score must a company achieve on the B Impact Assessment to qualify for B Corp certification?

Accepted Answer

80 out of 200

Answer

B Lab requires a minimum verified score of 80 out of 200 points on the B Impact Assessment to earn B Corp certification.

Question 2

Which legal requirement must US-based companies typically fulfill as part of B Corp licensing criteria?

Accepted Answer

Adopt benefit corporation status or amend governing documents to consider all stakeholders

Answer

US companies must adopt benefit corporation status or embed stakeholder-consideration language into their governing documents to meet B Corp's legal accountability requirement.

Question 3

How often must a certified B Corp complete the recertification process to maintain its license?

Accepted Answer

Every three years

Answer

B Corp certification must be renewed every three years through a full recertification process, including an updated B Impact Assessment.

Question 4

What legal document must companies sign to formalize their B Corp licensing relationship with B Lab?

Accepted Answer

The B Corp Agreement

Answer

Companies must sign the B Corp Agreement with B Lab, which governs use of the certification mark and outlines ongoing obligations.

Question 5

Which entity administers the B Corp certification and licensing program globally?

Accepted Answer

B Lab

Answer

B Lab is the nonprofit organization that administers the B Corp certification program and manages licensing agreements worldwide.

(BCORP) Certified B Corp Practice Test

(BCORP) Certified B Corp Practice Test

BCORP Licensing Criteria 2