List of Standards

Benefit corporation legislation does not require a benefit corporation to use any particular third party standard to prepare its annual benefit report. Nor are they required to have that report certified or audited by a third party.

The below list is not intended to be exhaustive and B Lab does not take any position on whether any third party standard listed (or not listed) below should be deemed acceptable. It is up to the benefit corporation, its directors, and ultimately its shareholders, to determine whether any particular third party standard meets the statutory criteria.

In addition to those third party standards listed below, more than 100 'raters' of corporate sustainability practices are listed in the 'Rate the Raters' report published by the research and consulting firm SustainAbility. This list is available for free at http://www.sustainability.com/library/rate-the-raters-phase-two.

If you are aware of a third party standard that meets the statutory criteria that you think should be included on this list, please contact info@benefitcorp.net.