TABLE OF CONTENTS
What is Best For The World?
B Lab’s Best For The World™ (BFTW™) program recognizes the Certified B Corporations (B Corps) globally that have achieved the highest verified scores in the five impact areas evaluated on the B Impact Assessment (BIA)—community, customers, environment, governance, and workers.
BFTW provides an opportunity for the global B Corp community to exchange best practices, explore collaboration opportunities to continue progressing in their positive impact journeys as a collective, and work together towards the fulfillment of our movement’s vision.
BFTW identifies B Corps with BIA scores in the top 5% of each company size track across the five impact areas assessed by the BIA on 23:59 (GMT) April 30th 2022. The certified B Corporations that have achieved these verified scores will be featured on the Best For The World 2022 lists subject to compliance with the eligibility criteria detailed below.
The lists divided by impact area will be:
- Workers (with the exception of 0 worker companies)
To ensure fairness in the identification process, each list is further subdivided into group companies by size tracks, as each of these sizes has a particular route for scoring on the BIA. These size groupings are:
- 0 employees
- 1 to 9 employees
- 10 to 49 employees
- 50 to 249 employees
- 250 or more employees
In order to be eligible for consideration for inclusion in Best for the World 2022 lists, a company must:
- Be a Certified B Corporation by the 1st of May 2022
- Companies holding the status of Pending B Corporation on the 1st of May 2022 are not eligible
- Companies awaiting a certification process to be completed by the 1st of May 2022 are not eligible
- Be in good standing - Not having any outstanding legal or financial requirements.
- Be no more than 120 days overdue on recertification by the 1st of May 2022.
* If a B Corp is more than 120 days overdue on recertification by the 1st of May 2022 but has kept engaged and up to date with their recertification process in some way during that period, they would still be eligible.
|Fulfillment of eligibility requirements deadline:||30th April 2022|
|Publishing of BFTW 2022 lists:||13th July 2022|
What happens after the announcement on the 13th of July 2022?
B Lab will work with the B Corps recognized as BFTW identifying opportunities to share some of the best practices that helped them achieve high scores with the rest of the B Corp community and beyond. These opportunities could involve webinars, panel discussions, case studies, and other initiatives that will aim to widespread this knowledge for the benefit of the movement and raise awareness for the B Corp movement.
What happens if a company was able to certify or fulfill the requirements only after the 30th of April 2022?
In order to evaluate all eligible B Corps through a standardized and equitable approach, we saw the need to establish a specific immovable date to run the report that allowed us to identify the top 5% scores on each impact area assessed on the BIA. That means that only the B Corps that are certified and have fulfilled the eligibility criteria by that specific date can be considered for the Best For The World 2022 lists.
If my company has been included in the Best for the World lists in past years, can I still talk about it?
Yes. B Corps identified as BFTW in previous years are encouraged to continue to celebrate and showcase their distinction, citing the corresponding year and category.
Will there be a BFTW 2023? When would it happen? Will the same methodology be applied?
The BFTW program has been a shining light within and outside of this community since its launch in 2012. We know how well-loved and vital this program is to the B Corp community, the pride it instills, and the collaboration opportunities it fosters. We are therefore convinced of the importance of having a program of this nature that promotes the recognition and sharing of best practices for the community to fulfill our movement’s vision.
B Lab is also committed to evolving its products and programs in alignment with the needs of the B Corp community, in addition to continuously looking for the best ways to optimize the impact of the B Corp movement to achieve our vision of an inclusive, equitable, and regenerative economic system. For this reason, we see the need to remain adaptable and responsive, with the opportunity to define the optimal course of action year by year. Further details regarding BFTW 2023 will be available next year.
Are there any awards or material incentives of any nature related to the BFTW program?
No. No awards, prizes, or any other type of material incentives are granted as part of the BFTW program. There might be occasions in which the BFTW B Corps could receive a diploma or another symbolic form of recognition. This will depend entirely on the possibilities and discretion of each regional B Lab entity and will never account to any monetary value.