The purpose of the B Impact Assessment is to allow businesses to measure and manage the social and environmental performance of their whole business by providing an easy to use, insightful, and standardized framework for measuring the business’s impact on its stakeholders.
The assessment is intended to help businesses:
Assess – Assess your company’s current impact performance on stakeholders affected by your company, as measured through 50-250 educational questions examining your company’s policies, practices, outputs, business models, and positive outcomes .
Compare – Review and compare your company’s B Impact Report, which provides an objective rating of your company’s current performance. The B Impact Report also contains benchmarking information so that companies can compare their impact to that of thousands of other businesses using the BIA.
Improve – Access a customized improvement report, and best practice examples and resource guides, and set and track performance goals to prioritize and implement new ways to improve impact.
The B Impact Assessment is the exclusive assessment tool used to verify that a company meets the performance requirement to become a Certified B Corp . It also meets the necessary statutory qualifications for benefit corporations to meet reporting and transparency requirements. Many other companies use the B Impact Assessment at various stages of their sustainability journey to assess, compare, and improve their impact.