Frank Bold

Certified B Corporation
Headquarters

Brno-City District, Czech Republic

Certified Since

February 2016

Industry

Legal activities

Sector

Service with Minor Environmental Footprint

Operates In

Czech Republic,

Poland

Frank Bold is a CEE region purpose-driven law firm with offices in Brno, Prague, Ostrava, Krakow, and Brussels. It was founded in 1995, and its staff of 50 serves more than 200 clients a year. Frank Bold has the largest public law team in the Czech Republic. It operates in the fields of science, research, and innovation and specialises in energy law and promotes renewable sources of energy. It provides legal protection for companies and citizens from unauthorised interventions by the state. It helps companies meet and develop their values and visions. The firm engages in the creation and adoption of legislation in the CEE and EU countries. As a member of the Expert Committee of the European Commission, Frank Bold took part in drafting the EU directive for non-financial reporting. In the Czech Republic, the firm helps the state and municipalities implement the principles of good government and helps people know and use their civil rights. Frank Bold Advokáti, s.r.o. (Frank Bold Lawyers, Ltd.) combines business with socially valuable objectives and the firm is involved in solving current social challenges in areas such as the responsibility of companies (the Purpose of the Corporation Project), system corruption (the Reconstruction of the State), and climate change litigation.

Overall B Impact Score

Based on the B Impact assessment, Frank Bold earned an overall score of 84.3. The median score for ordinary businesses who complete the assessment is currently 50.9.
84.3
84.3 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 9.5

Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement0.8
Corporate Accountability2.1
Ethics2.4
Transparency1.7
+ Mission Locked2.5

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Workers 28.5

Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Compensation & Wages11.7
Benefits6.5
Training & Education2.2
Worker Ownership4.5
Management & Worker Communication2.4
Human Rights & Labor Policy1.0
Occupational Health & Safety0.0

Community 34.5

Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Job Creation6.5
Diversity & Inclusion2.3
Civic Engagement & Giving3.8
Local Involvement6.6
Suppliers, Distributors & Product0.0
+ Designed to Give14.2

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Environment 10.0

Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Land, Office, Plant2.1
Inputs4.4
Outputs2.5

Customers 1.6

Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.

+ Support for Underserved/Purpose Driven Enterprises1.6
+ Serving in Need Populations0

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.



Previous Overall B Impact Scores

2018 Overall B Impact Score84.3
2016 Overall B Impact Score96.4

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