B Impact Assessment (2024)

Business needs comprehensive, credible, comparable impact standards to support economic systems change.

Used by more than 150,000 businesses, the B Impact Assessment is a digital tool that can help measure, manage, and improve positive impact performance for environment, communities, customers, suppliers, employees, and shareholders; receiving a minimum verified score of 80 points on the assessment is also the first step towards B Corp Certification.

B Impact Assessment (1)

Here's how it works:

B Impact Assessment (2)

01

Assess your impact

Complete theB Impact Assessmentby answering a series of questions about your company's practices and outputs across five categories: governance, workers, community, the environment, and customers.

Sample questions:

Governance:What portion of your management is evaluated in writing on their performance with regard to corporate, social, and environmental targets?

Workers:What % of the company is owned by full-time workers (excluding founders/executives)?

Community:What % of management is from underrepresented populations? (This includes women, minority/previously excluded populations, people with disabilities, and/or people living in low-income communities.)

Environment:Does your company monitor and record its universal waste production?

Customers:How do you verify that your product improves the impact of your client organizations?

Compare your impact

Evaluate your performancecompared to the thousands of other businesses that have taken the B Impact Assessment.

You'll see where your business is outperforming others, and where there's room for improvement.

02

B Impact Assessment (3)
B Impact Assessment (4)

03

Improve your impact

Use the B Impact Assessment platform to identify, track, and learn about improvement opportunities and best practices over time.

We provide free tools to help you along the way, including customized improvement reports, best practice guides, and case studies.

Click here to set up an account or log in.

For more information on completing the B Impact Assessment, go to ourKnowledge Base

You can also visit theB Corp Directoryto download B Impact Assessment reports from Certified B Corporations.

Business needs comprehensive, credible, comparable impact standards to support economic systems change.

Used by more than 150,000 businesses, the B Impact Assessment is a digital tool that can help measure, manage, and improve positive impact performance for environment, communities, customers, suppliers, employees, and shareholders; receiving a minimum verified score of 80 points on the assessment is also the first step towards B Corp Certification.

Here's how it works:

01

Assess your impact

Complete theB Impact Assessmentby answering a series of questions about your company's practices and outputs across five categories: governance, workers, community, the environment, and customers.

Sample questions:

Governance:What portion of your management is evaluated in writing on their performance with regard to corporate, social, and environmental targets?

Workers:What % of the company is owned by full-time workers (excluding founders/executives)?

Community:What % of management is from underrepresented populations? (This includes women, minority/previously excluded populations, people with disabilities, and/or people living in low-income communities.)

Environment:Does your company monitor and record its universal waste production?

Customers:How do you verify that your product improves the impact of your client organizations?

02

Compare your impact

Evaluate your performancecompared to the thousands of other businesses that have taken the B Impact Assessment.

You'll see where your business is outperforming others, and where there's room for improvement.

03

Improve your impact

Use the B Impact Assessment platform to identify, track, and learn about improvement opportunities and best practices over time.

We provide free tools to help you along the way, including customized improvement reports, best practice guides, and case studies.

Click here to set up an account or log in.

For more information on completing the B Impact Assessment, go to ourKnowledge Base

You can also visit theB Corp Directoryto download B Impact Assessment reports from Certified B Corporations.

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Sign up to our Insights newsletter, a monthly digest of the latest news on economic systems change from B Lab Global.

Thank you - you are now subscribed to the B Lab Global Insights newsletter.

Copyright © 2024 B Lab. All rights reserved.

B Impact Assessment (2024)

FAQs

What is the B Impact Assessment? ›

The B Impact Assessment evaluates how your company's operations and business model impact your workers, community, environment, and customers.

What does overall B impact score mean? ›

The B Impact Assessment is scored to measure a company's social and environmental performance, both overall and within key impact areas. Scoring within the B Impact Assessment is designed to allow comparability and to identify and track opportunities for improvement over time.

What is meant by impact assessment? ›

Impact Assessment is a means of measuring the effectiveness of organisational activities and judging the significance of changes brought about by those activities. It is neither Art or Science, but both. Impact assessment is intimately linked to Mission, and, in that sense, ripples through the organisation.

What is the average score on the B Impact Assessment? ›

Overall B Impact Score

The median score for ordinary businesses who complete the assessment is currently 50.9.

What is the B score? ›

Tailored Risk-Based Pricing: The B-Score helps lending institutions set appropriate interest rates and loan terms based on the risk profile of borrowers. Risk-based pricing ensures that borrowers with higher credit risk are charged higher interest rates, reflecting the increased likelihood of default.

How can I improve my B impact score? ›

Tips for improving your score

As you set out to improve your impact score, a great place to start is by formalising your company policies and tracking key metrics across the 5 Impact areas measured in the BIA. For example: Writing and circulating a Supplier Code of Conduct (Community)

What are the levels of impact assessment? ›

Key types of impact assessments include global assessments (global level), policy impact assessment (policy level), strategic environmental assessment (programme and plan level), and environmental impact assessment (project level).

What are the different types of impact assessments? ›

There are many different facets of impact assessment – including social, ecological, cumulative, cultural, landscape, health, economic, and strategic assessments.

How is impact assessment measured? ›

Impact measurement is the qualitative or quantitative assessment of impact based on measured observations (using survey data or other instruments) with a control group or theory-informed estimation.

What is the minimum score for the B Impact Assessment? ›

To certify as a B Corp, a business has to be awarded at least 80 points out of a possible 250+ under what we call the B Impact Assessment or 'BIA' – a free tool that thousands of businesses have already used worldwide to measure their social and environmental impact.

What are the five impact areas to assess overall B impact score? ›

The B Corp impact assessment measures how a company's operations and business model positively impact five key areas: governance, workers, community, environment and customers. Each impact area has a numerical score, with a total of 200 points up for grabs.

What are the 5 categories of B Corp? ›

The B Impact Assessment evaluates a company's practices and outputs across five categories: governance, workers, community, the environment, and customers.

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