It's simple. You sign the B Corp Declaration of Interdependence and Term Sheet. We Ring the Bell, letting everyone know you're a leader, having met what Inc Magazine calls "the highest standard in socially responsible business."
Term Sheet Summary:
- Certification term is two years; after two year term, company recertifies
- Meet the performance requirement for B Corp certification
- Meet legal requirements appropriate for your particular corporate structure and country of incorporation
- Participate in an on-site review if randomly selected (10% of Certified B Corps randomly selected each year)
- Annual certification fees based on the tiered structure below
- B Corporations are invoiced annually on the anniversary of the date of certification
Annual Sales (AUD)
$0 - $149,999
$150,000 - $1,999,999
$2 MM - $4,999,999
$5 MM - $9,999,999
$10 MM - $19,999,999
$20 MM - $49,999,999
$50 MM - $74,999,999
$75 MM - $99,999,999
$100 MM - $249,999,999
$250 MM - $499,999,999
$500 MM - $749,999,999
$750 MM - $999,999,999
Annual Fee (AUD)
$50,000+ AUD, depending on the structure of the company. Please contact B Lab for more information.
If your company is a majority owned subsidiary or a publicly-owned company, click here.