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t)e.setAttribute("srcset",e.dataset.srcset),e.removeAttribute("data-srcset");e.complete&&(e.style.opacity=1,e.parentNode.parentNode.querySelector("[data-placeholder-image]").style.opacity=0)}}</script></div><div class="lg:w-80 lg:ml-28 lg:-mt-20 mt-4 z-0 bg-gray-light rounded-3xl flex-col-stack-2 py-6 px-6"><p>B Lab recognizes that high-quality social and environmental business standards demand continuous improvement in order to meet principles of inclusion, independence, and credibility. </p></div></div><div class="col-span-full flex-col-stack-4"><p>Developed according to standards best practices and informed by stakeholder input and research, our standards have continuously evolved since our founding in 2006.聽</p><p>B Lab's standards are multifaceted and include:聽</p><ul class="px-12 list-disc"><li><p><b class="">B Impact Assessment</b>: A comprehensive tool to measure, manage, and improve a company鈥檚 positive impact performance for workers, communities, customers, suppliers, and the environment. A required verified score of 80 on the B Impact Assessment also serves as a certification requirement for B Corp Certification.聽</p></li><li><p><b class="">Risk Standards</b>: An assessment of eligibility for B Corp Certification based on a review of potentially negative impacts associated with a company鈥檚 industry and other practices.聽</p></li><li><p><b class="">Multinational Company Standards & Baseline Requirements</b>: Additional baseline requirements for large companies which are defined as a parent company generating $5B+ in annual revenue. </p></li></ul><p>We update and improve our standards on a regular basis. While specific revision mechanisms will vary by the nature of the project, all standards development projects are informed by research and multi-stakeholder input.聽聽</p><p>B Lab鈥檚 standards are independently governed by B Lab鈥檚 <span><a href="/en-us/standards/advisory-council/" class="yellow-highlight cursor-pointer font-serif">Standards Advisory Council</a></span> and <span><a target="_blank" rel="noopener noreferrer" href="https://bcorporation.net/movement/team" class="yellow-highlight cursor-pointer font-serif">Board of Directors</a></span>, with input from external stakeholders and various <span><a href="/en-us/standards/advisory-working-groups/" class="yellow-highlight cursor-pointer font-serif">Working and Advisory Groups</a></span>. 聽聽</p><div class="text-bold text-2xl"><b class="">B IMPACT ASSESSMENT STANDARDS</b></div><p>The <span><a target="_blank" rel="noopener noreferrer" href="https://bcorporation.net/programs-and-tools/b-impact-assessment" class="yellow-highlight cursor-pointer font-serif">B Impact Assessment</a></span> Standards were last updated in January 2019 (Version 6); however, content and functionality improvements have been developed and incorporated separately. Until now, standards updates have been developed over a 12- to 18-month period. However, we are currently in the process of evolving - not just revising - B Lab's standards to raise the bar for businesses and galvanize action on the most pressing societal and environmental issues of our time. This is the biggest rewrite of the standards in B Lab's 17-year history (you can find the latest draft of the standard <span><a target="_blank" rel="noopener noreferrer" href="https://standards.bcorporation.net/en-us/draft" class="yellow-highlight cursor-pointer font-serif">here </a></span>and read more about our work to finalise and implement the new standards<span><a target="_blank" rel="noopener noreferrer" href="https://www.bcorporation.net/en-us/news/blog/whats-next-balancing-ambition-and-continuity-as-we-implement-our-new-standards/" class="yellow-highlight cursor-pointer font-serif"> here</a></span>). </p><p>With oversight and approval provided by the <span><a href="/en-us/standards/advisory-council/" class="yellow-highlight cursor-pointer font-serif">Standards Advisory Council</a></span>, all B Impact Assessment updates are assessed through a process that incorporates feedback provided by users on the B Impact Assessment platform, as well as:聽聽</p><ul class="px-12 list-disc"><li><p>Research and stakeholder engagement to identify new and emerging topics and best practices.聽</p></li><li><p>Identification of priority areas for improvement based on the guidance of Regional Standards Advisory Groups and the Standards Advisory Council.</p></li><li><p>Ongoing research and development, testing, and data analysis.</p></li><li><p>A 60-day public comment period.</p></li></ul><p>Industry addenda are also developed over a 12- to 18-month period. In addition to the above, these addenda include the creation of expert working groups which make recommendations to the Standards Advisory Council.聽聽</p><div class="text-bold text-2xl"><b class="">RISK STANDARDS</b></div><p>Requirements for B Corp Certification include verification of a company鈥檚 minimum positive performance through the <span><a target="_blank" rel="noopener noreferrer" href="https://bcorporation.net/programs-and-tools/b-impact-assessment" class="yellow-highlight cursor-pointer font-serif">B Impact Assessment</a></span> and an assessment of eligibility based on a review of potentially negative impacts associated with the company鈥檚 industry and other practices. This additional analysis may include further reviews and background checks and is conducted separately from the B Impact Assessment; it is critical to ensuring a holistic assessment of a company鈥檚 overall performance.聽</p><p>B Lab鈥檚 positions on various controversial industries and practices are available <span><a href="/en-us/standards/controversial-issues/" class="yellow-highlight cursor-pointer font-serif">here</a></span>. Positions are developed as needs arise, informed by research and stakeholder engagement (including, where possible, existing credible third party standards), and determined by B Lab鈥檚 Standards Advisory Council.聽</p><div class="text-bold text-2xl"><b class="">MULTINATIONAL COMPANY STANDARDS</b></div><p>Based on the recommendations of the <span><a href="/en-us/standards/advisory-council/" class="yellow-highlight cursor-pointer font-serif">Multinational and Public Markets Advisory Council</a></span>, B Lab has established additional baseline requirements for large companies (defined as a parent company generating $5B+ in annual revenue). These requirements recognize that the overall scale and influence of large companies requires societal obligations that go beyond overall performance on the B Impact Assessment as well as the screens imposed by the risk assessment process, requiring that specific minimum positive practices also be in place. For more information, check out this <span><a target="_blank" rel="noopener noreferrer" href="//assets.ctfassets.net/l575jm7617lt/6vRUHGyJozNIMh89kVAB46/05d85413118b10a3a1a06b182093f69b/B_Lab_Global_Baseline_Requirements_Guidelines_for_Acceptance_2021__1_.pdf" class="yellow-highlight cursor-pointer font-serif">Baseline Requirements document</a></span> to learn more.</p></div></div><div class="grid grid-cols-6 lg:grid-cols-12 gap-8"><hr class="col-span-full border-t-2"/><div class="grid grid-cols-6 lg:grid-cols-12 gap-8 hidden lg:grid col-span-full"><div class="col-start-1 col-span-5 border-r-2 px-8 flex-col-stack-4"><a href="/en-us/" class="self-center"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 180 288" class="h-24" data-testid="bia-global-logo"><title>B Labs Logo - Home Link</title><g fill="#231f20"><path d="m35.52 172.8v47.37h28.33v10.75h-41.11v-58.12z"></path><path d="m69.3 201.78a13.43 13.43 0 0 1 2-6.76 13.72 13.72 0 0 1 4.56-4.31 19.69 19.69 0 0 1 6.22-2.32 35.57 35.57 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