BCORP Licensing Criteria 3

Question 1

During the B Corp verification process, what does B Lab primarily review?

Accepted Answer

Supporting documentation that substantiates the company's B Impact Assessment responses

Answer

B Lab verifies certification by reviewing supporting documents that back up the answers a company provided on its B Impact Assessment.

Question 2

What is a 'disclosure questionnaire' in the context of B Corp licensing?

Accepted Answer

A questionnaire requiring companies to disclose sensitive practices or legal issues relevant to certification

Answer

The disclosure questionnaire asks companies to reveal any sensitive business practices, legal violations, or controversies that could be relevant to the integrity of their certification.

Question 3

Which type of company is most likely to trigger a more intensive review during the B Corp verification process?

Accepted Answer

Companies operating in sensitive or higher-risk industries

Answer

Companies in sectors deemed sensitive or higher-risk — such as extractives, firearms, or certain financial services — receive heightened scrutiny during verification.

Question 4

What does B Lab's risk review evaluate during the licensing process?

Accepted Answer

Whether the company's business practices could undermine the integrity of B Corp certification

Answer

B Lab's risk review assesses whether a company's products, services, or practices might contradict B Corp values and damage the credibility of the certification.

Question 5

How does B Lab typically handle discrepancies found between a company's BIA answers and its supporting documentation?

Accepted Answer

It works with the company to correct answers or gather additional supporting evidence

Answer

When discrepancies arise, B Lab works collaboratively with the company to clarify, correct, or supplement the documentation before making a certification decision.

(BCORP) Certified B Corp Practice Test

(BCORP) Certified B Corp Practice Test

BCORP Licensing Criteria 3