Who is eligible to be a B Corp?

Who is eligible to be a B Corp?

Most for-profit companies can apply for B Corp Certification, with a few important exceptions.

Who can apply for B Corp Certification?

Most for-profit companies are eligible to apply for B Corp Certification, regardless of their size, sector, or location.

Companies typically qualify to begin the certification process if they:

  • Operate as a for-profit business

  • Have been in operation for at least 12 months

  • Are willing to measure and improve their social and environmental impact

  • Do not operate in an excluded industry

Who is ineligible to become a B Corp?

We consider companies in certain industries to be “ineligible” for B Corp Certification because they sell products or services that undermine B Lab’s Theory of Change. This is determined within the Foundation Requirements section of the B Lab Standards.

To determine these industries, we engaged in research and expert input (such as incorporating the IFC Exclusion List and European Investment Bank [Exclusion] List), engaged wider stakeholders through public consultation, and submitted to our governance bodies for approval.

Industries and activities that are not eligible

Explore the lists below to see which industries and revenue activities make companies ineligible for B Corp Certification.

How to determine B Corp eligibility

Three steps to see if your business can pursue certification.

1. Meet eligibility requirements

A company must not be significantly involved in an ineligible industry, be legally incorporated, in operation for at least 12 months, and comply with local and national laws.

Learn more

2. Commit to stakeholder governance

Adopt the B Corp Legal Requirement, including embedding stakeholder governance principles into legal frameworks and signing the Declaration of Interdependence.

Find out more.

3. Conduct a risk assessment

Create a risk profile using our risk profiling tool to determine any additional due-diligence sub-requirements you must meet as part of the certification process.

Find out more.

Ready to check your eligibility?

Start your eligibility assessment to see if your company can pursue B Corp Certification.

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How risk management is embedded in the B Lab Standards

1. Foundation Requirements

The first stage of the B Lab Standards are Foundation Requirements, which ask companies to assess their negative impacts. B Lab’s approach carefully considers whether potential B Corps could—even inadvertently—cause or contribute to harming people or the planet. Companies associated with practices we consider risky but not ineligible may still be able to proceed with certification but they will have to complete extra due diligence to identify, prevent, and mitigate their negative impacts, captured in the risk profile

2. Impact Topics

In addition to these Foundation Requirements, ongoing work to identify and mitigate negative impacts on human rights and the environment is embedded within Impact Topics in the B Lab Standards. Throughout their five-year certification cycle, B Corps and third-party auditors will continue to assess these risks, and companies will need to continue undertaking due diligence to monitor their impact—strengthening our community by raising the standards for responsible business practices across industries.

Learn more about our standards  

3. Independent verification and auditing  

B Lab uses independent, third-party assurance providers to assess all companies undertaking B Corp Certification. From auditing throughout the five-year certification cycle, to reviewing actions addressing non-conformities, certification relies heavily on independent third-party reviews. This increases impartiality and ensures that we meet industry best practices, so our community can feel confident in the credibility of B Corp Certification. 

How previous B Lab Standards addressed risk

The previous version of the B Lab Standards, V1, had separate risk standards. You can read more about our previous approach to eligibility and risk under V1 here.

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