Creating Benefit Reports Using the B Impact Assessment

Is this free?

Yes.  You can use the B Impact Assessment (BIA) to create a benefit report that helps meet the statutory reporting requirements.

Is it confidential?

All information is confidential until you decide to publicize your benefit report. Remember, in most states benefit reports are required to be transparent on your website. 

What should be in my benefit report? 

  1. Your Benefit Report Narrative: a set of narrative responses to questions required by your specific benefit corporation statute. Please check your particular state statute for information on specific questions. You can find links to statutes here.
  2. Your company’s B Impact Assessment: The PDF of your answers to each BIA question assessing your company’s positive impact on workers, community, customers, and the environment. Remember, you may redact sensitive information from your public report.

What should do I with this report? 

  1. Post this on your company’s public website (required in most states). 
  2. Send this to shareholders, including the specific information required for investors page (refer to your specific state statute for information on what's required).
  3. Submit this to your secretary of state (required in some states).
  4. Email a copy to holly@benefitcorp.net so that B Lab can post it on the benefitcorp.net website and highlight your company as a leader.
  5. Share this with your employees, customers, and other stakeholders. Transparency builds trust and trust builds value

Important Note: When posting on the company’s public website or distributing to shareholders, because it is not reviewed, the B Impact Score must not be referenced as a score achieved by your company in any context. Unless certified by B Lab, the company may not call itself a Certified B Corporation (or B Corp) or share externally its B Impact Score, B Impact Report, or completed B Impact Assessment.

Who can create a benefit report using the B Impact Assessment?

Any company can use B Lab’s free online tool, the B Impact Assessment (BIA), to measure, compare, and improve their social and environmental performance, but only legally-incorporated benefit corporations or Certified B Corporations are permitted to create a benefit report and share their B Impact Socre, B Impact Report or completed B Impact Assessment externally. 

Where can I see other companies’ reports?

To see how other benefit corporations are using their benefit reports as a powerful communications tool to share their mission, values, and performance with customers, clients, employees, investors, and the community, visit the reporting section of benefitcorp.net.