Welcome to the new B Lab Global website. Looking for B Lab U.S. and Canada? Visit usca.bcorporation.net us-canada-right-arrow

MULTINATIONALS & LARGE ENTERPRISE BUSINESSES

The B Corp Certification pathway for eligible multinationals and large enterprise businesses.

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). Companies with more than $5B in annual revenue will also participate in our B Movement Builders program. All subsidiaries must also follow the Large Enterprise approach, regardless of size.

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.

TWO CERTIFICATION APPROACHES

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.

The following steps will help you get started with either approach:  

  • Step Three: Begin the application

    • The Large Enterprise application is intended to collect key preliminary information about your company in order for B Lab to assess your eligibility for B Corp Certification. The application form can be accessed here; you should also reach out to your local B Lab or Sistema B organization for support and guidance. 

The application cost is a non-refundable fee, reflected below in three currencies but charged in the equivalent in your local currency. Additional costs associated with certification are customized and will be shared after your application is reviewed. 

Review of the application will result in a report detailing your business’ eligibility to proceed, a customized engagement pathway, and associated costs and timeline. 

To maintain certification, Certified B Corps must update their B Impact Assessment and verify their updated score every three years. B Lab will not conduct a bringdown certification review outside of the standard recertification schedule in the case of an initial public offering, or any other public offering, private placement of securities, or other transaction.


B Labs Logo - Home Link

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

We take the security of your data seriously, read our privacy policy for further information. For newsletter communications relating to your local region, please visit Global Partner sites to subscribe.

Copyright © 2022 B Lab. All rights reserved.