Making the mark: 5 ways to improve your impact using the B Impact Assessment - 夜色视频

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Making the mark: 5 ways to improve your impact using the B Impact Assessment

Read insights from B Corps who’ve been there.

Over 150,000 businesses are measuring impact through the B Impact Assessment (BIA). 200 questions cover 12 months of operations across 5 impact areas, allowing you to dive deep into every area of your business and discover opportunities for growth, whether you鈥檙e a B Corp or not. How can you set yourself up for success from the outset? We spoke to B Corps with a track record of improving environmental and social performance to uncover top tips for using this powerful tool. 

  • Sustainable investing firm increased their score by an impressive 54.2 points to achieve 151.1 points when they recertified in 2021. 
  • Organic groceries company recertified in 2021 with 103.5 points, an increase of 15.1 points. 
  • Giving platform recertified in 2021 with a score of 130.9. 

Tip 1: Bring everyone on the journey with you 

Ed Ayton, Sustainability & Farming Comms Manager, Abel & Cole: 鈥淚nvolve as many people as you can in the assessment. There are questions within the BIA that touch on many different themes - for example, questions on procurement would often need the input beyond just our colleagues in the buying team. We created 20 pairings of individuals to work on different questions to ensure we incorporated the relevant expertise鈥.&苍产蝉辫;

Louisiana Salge, Senior Sustainability Specialist, EQ Investors: 鈥淲e took a team approach to the BIA, with an overall project manager and a relevant 鈥楤usiness Owner鈥 for each section. Our employees were excited to see our improved score as most contributed to the changes that were recognised. We even saw more employees volunteer for internal working groups after the announcement!鈥 

EQ Investors hold a B Corp social

Tip 2: There鈥檚 no quick solution, so play the long game!

Alexander Michelsen, Head of People Development, EQ Investors: 鈥淭he first time we recertified there was so much we could do, just not enough time! Having a structure that is part owned by a charity was our founders鈥 original intention, but this is a complicated process. It took us a couple of years to fully work out the structure of two different share classes, and staff and foundation ownership, but this is now a core part of our Designed to Give 鈥.&苍产蝉辫;

Stefanie Sahmel, Abel & Cole: 鈥淭here was never a moment when the baton was dropped. Even with some quick improvements, the bulk of our progress was made continually over three years. This included sharing performance data with staff, developing an internal anti-racism charter, setting targets around donations, and calculating & reducing our carbon footprint. Our Responsible Supplier Programme was a long time in the making, but its now an incredibly valuable set of criteria that allows us to have focused, meaningful conversations with suppliers鈥.&苍产蝉辫;

Tip 3: Everyone loves a checklist, but try to avoid a 鈥榯ick box鈥 mindset 

Steve Butterworth, CEO, Neighbourly: 鈥淲e鈥檝e always had a commitment to being the best we could be, rather than scoring points. The BIA allows you to go granular, but sometimes it鈥檚 important to keep a broad perspective and hold on to what鈥檚 important to you as an organisation. We鈥檝e got a number of policies that aren鈥檛 given much weight in the BIA, such as unlimited volunteering for all our staff, but it鈥檚 an integral part of working at Neighbourly鈥.&苍产蝉辫;

Neighbourly employees volunteering at the Bearpit in Bristol, a growing space in the middle of a busy underpass and intersection in the city centre.

Louisiana, EQ Investors: 鈥It鈥檚 important to give new initiatives the time they need to flourish. This is how we approached our partnership with Resurgo, a charity that helps unemployed young people facing barriers to employment. Our first recruits joined 2 years in, and after maintaining the partnership for 6 years, 10% of our workforce are now recruited through the Resurgo Spear Programme. It provides excellent volunteering and mentoring opportunities for our employees鈥.&苍产蝉辫;

Tip 4: Embrace (and celebrate!) the challenge! 

Alexander, EQ Investors: 鈥淲e all need help to articulate our values, and challenge is crucial for this. When you have to evidence every claim, it鈥檚 hard! Going through the BIA helped us crystallise our thinking and avoid looking at activities through rose-tinted glasses. And it鈥檚 great to be able to show our long-standing clients that we鈥檝e raised the bar continually over the years鈥.&苍产蝉辫;

Stefanie, Abel & Cole: 鈥淭he response to our progress through this challenging process has been overwhelmingly positive. Our Instagram, LinkedIn and Facebook posts revealing our new score received the highest engagement of any posts that month, with visible engagement from staff, suppliers and followers alike鈥.&苍产蝉辫;

Tip 5: Make the most of all that the BIA has to offer 

Alexander, EQ Investors: 鈥淲e haven鈥檛 used the BIA to drive the industry-specific, technical aspects of our business, as by focusing on sustainable investing, this is naturally our strength, but we鈥檝e leaned on it in other areas. We don鈥檛 have a large HR department, so it鈥檚 been an invaluable tool to ensure we apply best practices to employees - and we were proud to gain an extra Impact Business Model in Workforce Development鈥.&苍产蝉辫;

Louisiana, EQ Investors: 鈥淭he BIA is designed to enable a collaborative team approach. We flagged outstanding questions and used the comments a lot to evidence every question. Our project manager found the Goals feature especially useful as a way to keep track of things that we wanted to improve but knew might take some time (e.g. six months, a year) to implement鈥.

Find out more about what the BIA measures and how the tool can be used to help drive improvement within your organisation. And for a more detailed look, download the full guide to certification