Industries Flagged for Eligibility Review

As an increasing number of companies apply for B Corp Certification, B Lab and its Standards Advisory Council must develop models for how to effectively evaluate the impacts of many different industries, policies, and practices.

Determining Industry Eligibility for Certification

As an increasing number of companies apply for B Corp Certification, B Lab and its Standards Advisory Council must develop models for how to effectively evaluate the impacts of many different industries, policies, and practices. For high-impact, controversial industries, this is done through an Eligibility Review. This review is a formal analysis and stakeholder engagement process regarding a specific industry’s B Corp Certification eligibility by B Lab’s independent third party governing body, the Standards Advisory Council (SAC). The outcome of this process conveys an Eligibility determination, alongside any standards or remediation actions applicable to companies operating in this sector. Examples of eligibility review outcomes and standards can be accessed here.

Industry Review Calendar for 2023

As a body of independent members from third party organizations and expert stakeholders, the Standards Advisory Council (SAC) has a limited capacity to meet and review industries each calendar year, particularly in light of the significant amount of research, stakeholder engagement, and Board of Director oversight that goes into each review cycle.

Until an Eligibility Review for the flagged industry is conducted and the standards have been published by the SAC, companies that operate directly in the industry will need to await its outcome before proceeding with B Corp certification. B Lab Europe greatly appreciates the interest and commitment of companies from all industries to join the B Corp movement, and thanks all interested parties for their understanding as B Lab develops its standards with the time and rigour the process requires.

The review calendar for 2023 has been fully scheduled, and will include the ongoing development of the topics listed below:

*Please note that review dates may change at B Lab’s discretion*

Industry
Platform Economy
Companies operating in countries that are engaged in acts of war (expanding on the existing Russia Moratorium)

Moratoriums in place

An update on the moratorium in response to the invasion of Ukraine

August 29, 2022

B Lab to develop new standards and B Corp Certification requirements for the financial services industry

June 22, 2022

B Lab Suspends New B Corp Certifications for Entities Based in Russia & Belarus

March 24, 2022

Next Steps & Contact

In the meantime, we encourage you to contact your local B Lab office to explore how you can engage with the B Corp movement today, or get in touch with the B Lab Europe team for more information on the eligibility review process.






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