What is Re-certification?
All B Corps commit to an ongoing journey of continual improvement. One way this is assessed is that all B Corps must re-certify their company every three years. Until a few years ago, it was every two years but that was extended due it feeling too short a cycle.
To re-certify as a B Corp, the company must achieve (again) over 80 points on the BIA and have met the legal requirement.
The process is similar to the original certification process; the level of rigour depends upon size, sector etc. However, it does introduce some efficiencies to reflect the company’s pre-certified status; i.e. any material errors or transparency requirements would likely have been discovered first time around.
Re-certification is done over the BIA platform and via email as much as possible. Unless there has been a material change, such as a shift to a different track, small companies are unlikely to require a call.
What happens if you “fail” recertification?
If a company does not meet the requirements, it will be given 90 days to make any necessary changes and improvements.
If that still isn’t possible, then the company will lose its B Corp status and must cease using any B Corp branding assets.
What are some key documents or issues to consider?
At the very least, B Lab will pay particular attention to:
- Your standard documentation
- Employee handbook
- P&L / Tax return
- Supplier Code of Conduct
- Worker breakdown
- Questions worth more than 1 point
- Any IBMs you were awarded last time
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