About B Corp

B Corps are purpose driven, for-profit businesses that create positive impacts for society and the environment. The B Corp movement aims to build a new kind of economy – one where business is a force for good. Over 9,000 companies globally are part of the B Corp network – all striving for a change to our economic system and to create a better world.

Being a B Corp gives companies formal acknowledgement of their actions and impact and guides in continuous improvement in the five focus areas – Governance, Workers, Communities, Environment and Customers.

How to become a certified B Corporation

To become a B Corp companies must meet high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials. To make the process easier use a Trained B Consultant.

To achieve certification, a company must:

• Demonstrate high social and environmental performance by achieving a B Impact Assessment score of 80 or above and passing the risk review. Multinational corporations must also meet baseline requirement standards.
• Make a legal commitment by changing the company’s constitution (objects and directors responsibilities) to be accountable to all stakeholders, not just shareholders, and achieve benefit corporation status if available for the jurisdiction of incorporation.
• Exhibit transparency by allowing information about the company’s performance, measured against B Lab’s standards, to be publicly available on the company’s B Corp profile on B Lab’s website.
• Recertify every 3 years.

New standards are coming in towards the end of 2025. Be prepared!

To find out more about the process to achieve certification, contact Suzanne Ridding, a trained B Consultant or take a look at the B Corp website.  

Contact Suzanne about coming along to B Local events in Adelaide to meet people from certified B Corps and aspiring B Corps.