Podcast
Questions and Answers
What is the primary purpose of B Corp Certification?
What is the primary purpose of B Corp Certification?
- To ensure that companies pay lower taxes
- To improve a company's branding and marketing efforts
- To create a global network of businesses for profit
- To certify that a company meets high social and environmental standards (correct)
How often must a company recertify after obtaining B Corp Certification?
How often must a company recertify after obtaining B Corp Certification?
- Every two years
- Every five years
- Every year
- Every three years (correct)
What is the minimum score a company must achieve on the B Impact Assessment to obtain certification?
What is the minimum score a company must achieve on the B Impact Assessment to obtain certification?
- 70 out of 100
- 100 out of 150
- 80 out of 200 (correct)
- 90 out of 200
Who certifies the B Corporation status of a business?
Who certifies the B Corporation status of a business?
What does B Corp Certification primarily emphasize for businesses?
What does B Corp Certification primarily emphasize for businesses?
What does B Corp Certification indicate about a company?
What does B Corp Certification indicate about a company?
Which organization is responsible for certifying B Corporations?
Which organization is responsible for certifying B Corporations?
How many total points are available on the B Impact Assessment?
How many total points are available on the B Impact Assessment?
What is the primary goal of recertification for B Corporations every three years?
What is the primary goal of recertification for B Corporations every three years?
What is the minimum score a company must achieve on the B Impact Assessment for initial certification?
What is the minimum score a company must achieve on the B Impact Assessment for initial certification?
Flashcards
B Corp Certification
B Corp Certification
A mark of trust for businesses committed to social and environmental responsibility, transparency, and accountability.
B Corp Standard
B Corp Standard
Rigorous criteria for social and environmental performance, transparency, and accountability.
B Impact Assessment
B Impact Assessment
A tool to evaluate a company's social and environmental performance.
Recertification
Recertification
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Minimum Score
Minimum Score
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What does B Corp stand for?
What does B Corp stand for?
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Study Notes
B Corp Certification
- Certified B Corporations are businesses committed to social and environmental good.
- B Corp certification is a trust mark; companies meeting high standards of social, environmental performance, transparency, and accountability.
- B Lab, a non-profit, certifies them.
- To achieve certification, a company must complete a B Impact Assessment (BIA) and reach an audited score of at least 80 out of 200 possible points.
- Recertification is required every three years to continually improve.
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