Large Companies

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With big business increasingly aiming to become B Corps, B Lab has created a Large Enterprise Approach to ensure the pathway for such companies is clear, credible and comprehensive.

A rigorous, holistic certification

B Corp Certification is a designation that a business is meeting high standards of verified performance, accountability, and transparency. 

  • Holistic evaluation

    B Corp Certification is holistic, not exclusively focused on a single social or environmental issue.

  • Different pathways to Certification

    The certification process varies and increases in rigour depending on a company’s size and complexity.

  • Risk Assessment

    At the beginning of the B Corp Certification process, companies must undergo an assessment of risk factors based on their industry and other practices.

  • Documentation Provided

    B Impact Assessment answers are validated through documentation of your company’s business model and information about your operations, structure, and various work processes

  • Reviews and Site Visits

    Taking company size and profile into account, verification may also involve a review of potential public complaints and possible site visits.

  • Recertification every three years

    B Corps are required to undergo the verification process every three years in order to recertify, ensuring standards continue to be met and promoting long-term resiliency.

Eligibility for B Corp Certification

  • Certification Eligibility

    The Large Enterprise certification pathway is intended for eligible private or public companies with $100M to $999M in annual revenue and with 10 or more subsidiaries operating in multiple countries, as well as companies with $1B or more in annual revenue (other criteria may also apply). All subsidiaries must also follow the Large Enterprise approach, regardless of size.

    Companies with more than $5B in annual revenue will also participate in our B Movement Builders program. 

  • Disqualifying Factors

    Industries and practices that may prohibit a company from participating in the program include material (>1% of revenues) involvement in the coal, pornography, casinos, firearms, weapons or munitions, and/or tobacco industries, without a formal commitment to exit those industries.

    Companies that are involved in the operation of private prisons are ineligible for the B Movement Builder program. Credible concerns of systematic complicity in fraud, human rights abuses, or violations of national or international laws, regulations, and conventions within the last five years might prohibit a company from B Corp Certification and engagement in the Large Enterprise & MNC Certification pathway.

Pathways for Certification for Large Enterprises

Whether a private or public company should embark on this specific certification pathway is dependent on its annual revenue as well as the complexity of its structure and operations.

There are two pathways to certification for Large Enterprise businesses:

  • Certifying the Parent Company as a B Corp

    The parent company may certify by fulfilling the performance and legal requirements and maintaining full transparency; in this case, the parent company must meet requirements for more than 95% of operations. Through this approach, the business can quickly identify gaps and risks, while publicly sharing their intent to certify. This approach is more resource-intensive for the company and requires less visibility from other parts of the organization; it also reflects higher upfront costs.

  • Certifying each subsidiary as a B Corp

    The second approach requires each subsidiary to meet the B Corp Certification requirements independently. This is relatively resource-light for the parent company, organically builds buy-in and momentum, and makes the process of meeting the legal requirement easier for the subsidiaries. However, this approach may be more expensive over time and may not be possible for centralized businesses.

Large Company steps towards certification

Fees apply for each step from Application onwards, these fees are based on the company’s revenue and are invoiced before each step begins.

Large B Corps in Europe

Pricing for Large Company Certification

Given their added complexity, Large Enterprises and Multinational businesses are required to pay an application and precertification costs on top of their annual fees.

Application Cost:

The application cost is a non-refundable fee. Review of the application will result in a report detailing your business’ eligibility to proceed, a customized engagement pathway, and associated costs and timeline.

 

Pre-certification costs:

Costs for mandatory and optional pre-certification services such as Scoping, Risk Screen, and the BIA Performance Consultation are determined according to your company’s revenue and complexity, and are confirmed in the application report.

Annual revenue
Application Form Cost
€ 100M - € 500M € 2,000
€ 500M - € 1B € 4,000
€ 1B+ € 8,000

Annual Certification Fees based on Company Revenues

Annual revenue
Annual Certification Fee
€ 100 - € 174,9 million € 30,000
€ 175 - € 249,9 million € 35,000
€ 250 - € 499,9 million € 40,000
€ 500- € 749,9 million € 45,000
€ 750 - € 999,9 million € 50,000
€ 1 - € 1,49 billion € 60,000
€ 1,5 - € 1.99 billion € 70,000
€ 2 - € 2,49 billion € 90,000
€ 2,5 - € 2.99 billion € 110,000
€ 3 - € 3,49 billion € 130,000
€ 3,5 - € 3,99 billion € 150,000
€ 4 - € 4,49 billion € 170,000
€ 4,5 - € 4,99 billion € 190,000
€ 5 - € 5,99 billion € 220,000
€ 6 - € 6,99 billion € 260,000
€ 7 - € 7,99 billion € 300,000
€ 8 - € 8,99 billion € 340,000
€ 9 - € 9,99 billion € 380,000
€ 10 - € 14,99 billion € 500,000
€ 15 - € 19,99 billion € 700,000
€ 20 - € 29,99 billion € 900,000
> € 30 billion € 1,000,000
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Eligibility Review Process

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Companies that undergo the Risk Screen process may be required to complete a comprehensive Pre-Certification Eligibility Review, should the company decide to continue pursuing B Corp Certification.
This Eligibility Review is a formal decision regarding B Corp Certification eligibility by B Lab’s independent third party governing body, the Standards Advisory Council (SAC), and will convey an Eligibility determination, alongside any standards or remediation actions applicable to the company.
In the case that the company is determined to be eligible for the certification following this review, the company may be required to include further public disclosures on its B Corp Profile specific to the nature of these issues and how the company has both managed and remediated them. Eligibility Reviews can take 3-4 months to complete.

Industries that have been flagged for 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. 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).

Need help?

If you work for a larger organisation that is beginning its journey, you may be looking for support in developing a comprehensive plan and timeframe across the whole organisation for securing B Corp certification. Through B Corp Way, you can find consultants to assist you with impact assessment and navigating throughout the journey towards B Corp Certification.

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