Is Your Company Prepared for B Lab's New Standards?

In 2025, B Lab plans to launch Version 7 of the B Impact Assessment, which promises to be the most sweeping change to the B Corp standards yet. Our consultants are working closely with B Lab to develop expertise on the new standards before they are released to the public, allowing us to ensure that our clients are well prepared for the coming changes to the B Impact Assessment before undergoing the certification or recertification process.

While the certification standards vary significantly based on company size, industry and location, we have put together a selection of requirements** that will be applicable to all candidates in the quiz below.

Assess your company’s readiness for the new standards with this quiz and reach out to us to help you prepare for this transition!

Yes-No Quiz

Question 1:

Does your company have a public facing purpose statement that reflects the Purpose Clause of the B Corp legal requirement, making it clear to all stakeholders what the company stands for?

Question 2:

Does your company consider stakeholders in its decision-making?

Question 3:

Does the highest governing body of your company monitor the company's social and environmental impact and stakeholder considerations?

Question 4:

Does your company enable workplace dialogue, seek worker feedback and consider the feedback in decision-making?

Question 5:

Does your company measure workplace culture and take action to improve it?

Question 6:

Does your company measure greenhouse gas (GHG) emissions in its operations annually?

Question 7:

Does your company monitor the following annually: waste production, energy consumption, and water consumption?

Question 8:

Does your company have a net zero target to contribute to net zero emissions globally and a climate transition plan to reach this target?

Question 9:

Does your company screen potential clients, projects, and suppliers for potential negative social/environmental impacts?

** Please note that this does not represent an exhaustive list of requirements or prerequisites. It is intended to be used as a preliminary assessment of a company's readiness based on B Lab’s January 2024 draft standards. The new standards continue to evolve. For example, we do expect requirements related to living wage will be included in the final version of the new standards. Because insufficient information regarding this requirement is available at this time, we have not included any questions related to living wage.