TABLE OF CONTENTS


Intro


This article is for people who work at Certified B Corporations. At B Lab Global a B Corporation’s annual certification fee is based on the company's annual revenue at the end of the prior fiscal year. In an effort to have up-to-date information, we are asking all B Corporations to update their billing contact information and annual revenue in each year between their certification years. Please refer back to the signed B Corp Agreement for more information. See below for more details on the specific fields on the Annual Revenue Form.


Billing Contact

 

A billing contact is someone at your company that manages and handles the finances and is responsible for reporting your finances to B Lab. If you are being sent the form, but you are not the billing contact please {link} so we can update our information.


Annual Revenue


As stated in the B Impact Assessment, revenue (or turnover) is defined as the gross inflow of monies received or receivable by the company, less any returns or discounts. If there were no discounts or returns, total revenue will correspond to the top line of your company’s Profit & Loss Statement. 

We also ask for this information within the B Impact Assessment during certification years. We will be pulling information from your most recent revenue statement as a reference point within the article, when we ask for your current annual revenue. 


Form structure 


This Account annual data form that B lab Global is sending you is broken up into 4 steps. 


  1. Email Confirmation 

    1. We use this step to validate the user’s email address as a security step

  2. Contact Validation 

    1. We use this step to display your Full name, Title, and phone number that we have in our system. You will have an opportunity to review and edit your information if needed. 

  3. Account Validation 

    1. We use this step to display the company information with the currency predefined on the Assessment. We will ask if you work at the company and then ask you once more if you are the billing contact.

  4. Revenue 

    • After you have confirmed your account information, we will show your last reported revenue and  fiscal year end date. We will then ask you to input your latest revenue and the corresponding fiscal year end date.