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Semelhante a B Leaders Module 2: Diving deep with the BIA
Semelhante a B Leaders Module 2: Diving deep with the BIA (20)
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B Leaders Module 2: Diving deep with the BIA
- 1. Agenda Where do you stand now? 12.45pm – 1.00pm Introduction to the B Corp movement 1.00pm – 1.30pm What’s involved in certification? 1.30pm – 1.55pm Panel: What does B Corp mean to you? 1.55pm – 2.40pm Understanding the BIA 3.00pm – 3.30pm Demo of the BIA 3.30pm – 3.50pm Time to have a go 3.50pm – 4.40pm Standards Review 4.40pm – 5.00pm
- 3. Positive and Comprehensive Standardised yet Adaptive Objective and Dynamic Focuses on pro-active management and positive impact Considers all stakeholders and all aspects of the company. Aspirational and Educational Key features of the BIA
- 4. Positive and Comprehensive Standardised yet Adaptive Objective and Dynamic 78 versions based on: o Sector o Size Impact Area, Topic, and Question Level Benchmarks Aspirational and Educational Key features of the BIA
- 5. Positive and Comprehensive Standardised yet Adaptive Objective and Dynamic Questions are o Verifiable o Stakeholder Driven o Independently governed Updated every two years V5 released in Feb 2016 Aspirational and Educational Key features of the BIA
- 6. Positive and Comprehensive Key features of the BIA Standardised yet Adaptive Objective and Dynamic Intentionally challenging and thought-provoking Improvement Tools and best practice guides Aspirational and Educational
- 7. Disclosure Questionnaire Operational Impact & Impact Business Models What does the B Impact Assessment Measure? Scored Unscored
- 8. Operational Impact Managing the day to day impact of running the business Covers facilities, purchases, employees, and governance Aligned with other best-in- class standards Applies to all companies independent of design or intent Impact Business Model The design of a company that creates a specific positive benefit/outcome for one or more of its stakeholders Based on a product, beneficiary, particular activity or structure Unique to the B Impact Assessment Extraordinary & contingent upon company
- 9. Organized across five stakeholder focused impact areas Governance WorkersCommunity Environment Customers
- 10. Divided into topics... Mission & Engagement Governance Land, Office, PlantJob CreationCompensation Ethics Transparency Benefits Training & Education Worker Owned Job Flexibility Diversity Civic Engagement Outputs Local Trans, Dist, & Suppliers Suppliers, Distributors & Product Input Health Serving those in need Education Arts, Media, & Culture Governance Workers Community Environment Customers Workforce Development Mission Locked Renewable Energy Land Conservation Supply Chain Poverty Alleviation Microenterprise Toxin Reduction Environmental Ed Basic Services Economic Empowerment
- 12. Governance of the BIA
- 13. BIA Development & Governance Dynamic: Revised Every Two Years Stakeholder/User Driven: 3000+ Pieces of Feedback in 2015 Transparent: Public Comment Period for Drafts Objective: Research Based; Expert Working Groups; Multi-Stakeholder Independently Governed: Global Standards Advisory Council
- 14. Governance Structure Standards Advisory Council (SAC) B Lab Board B Lab (US) BIA Users BIA Stakeholders Working Groups Advisory Groups
- 15. SAC Responsibilities Approve new versions of the assessment Approve working group decisions (⅔ vote to reject) Adjudicate disclosure issues regarding B Corps > Complaints, Disclosure Questionnaire, Background Checks Adjudicate challenges to assessment reviews Oversee onsite review process
- 16. New Versions Two year cycle with alternating scope; V6 launch in 2018 • Odd: Broken and Missing Indicators • Even: Methodology and Scoring B Lab will conduct feedback and research, as well as initial drafting of new versions to be presented to SAC Regional Working Groups: • Represent the voice of each region in the Standards Development Process (incorporate feedback from the market) Generally one in person meeting per year with quarterly check ins
- 17. What about negative impact? Outcomes from a Disclosure, to be decided by SAC: • Certification approved • Certification approved with incremental disclosure • Certification approved pending remediation • Certification denied/revoked B Lab in process of developing a “Materiality Matrix” to provide more clarity for decision making. Ad hoc calls on a bi-monthly basis to address issues.
- 18. Let’s take a look at the BIA
- 19. Now it’s your turn to have a go on the BIA! bimpactassessment.net
- 20. What happens after you click “Submit”? • Complete BIA • Click Submit • Compile list of supporting docs • Upload docs to BIA • Company: Disclosure Questionnaire • Standards: Background check • Sign Term Sheet – vary depending on legal change • Receive email notification • Schedule review call • 90 min review call with the Standards Team • Provide remaining docs • Secondary review by Standards Team • SAC review if needed • Pay certification fee, dependent on level of revenue SUBMIT SCHEDULE DOCS REVIEW CALL CHECKS 2ND REVIEW TERM SHEET FEE
- 21. How does this work for large companies? Parent companies and subsidiaries Multinationals and the MPMAC Verification fees
- 22. Learning outcomes At the end of this module you’ll be able to: Understand the key features and structure of the BIA Explain how standards within the BIA are developed Feel comfortable using the BIA Understand the detailed certification process from start to finish
- 23. Things to do before the next workshop Complete the feedback form Watch the Benchmarking webinar and Improving your Impact webinar – see email Bring any questions on the webinars to the next session Register on the B Leaders Slack channel – see email
Notas do Editor
- 3.00-3.10: Understanding the BIA - Key features and structure of BIA 3.10-3.25: Governance of the BIA - How Standards are developed 3.25-3.45: Live demo of the BIA 3.45-4.15: The certification process including Standards review, DQ and background checks
- 3.00 – 3.10
- 3.00 – 3.10
- 3.00 – 3.10
- 3.00 – 3.10
- 3.00 – 3.10
- 3.00 – 3.10 Ops vs. IBMs vs. Disclosure Questionnaire, additional distinctions within the structure of the BIA. Ops composes the primary portion of the assessment. Its focused on the impact of the company on a day to day basis. These questions are necessary to understand the impact of the company...the company has an impact in these dimensions and the evaluation is based on how the company makes those impacts good. (You have to have employees, do you treat them well.) You have to produce waste, do you minimize it, and do you recycle it, etc.)
- 3.00 – 3.10 In addition to the operational impacts of a company, the company also captures the business model impact of companies providing material, extraordinary, verifiable, durable, stakeholder and outcome focused impact business models.
- 3.00 – 3.10 ORGANIZED INTO GOALS (ASPIRATIONAL DIMENSIONS OF IMPACT FOR THE SPECIFIC STAKEHOLDER
- 3.00 – 3.10 Blue are Ops topics Red are IBM topics IBM: More IBM credit is given if you can show an outcome as well as an intended impact. For example, launch a product which is designed to improve educational attainment = receive points. Receive more points if you can show a % improvement in GCSE results as a result of your product. On average, 50:50 split between impact and outcome 50% of accounts don’t get IBM points other than making the legal amendment. Max points in IBM = 60 Legal scores: Signed term sheet = 2.5 / Made amendment = 7.5 / Benefit Corp = 12.5 ADDENDA: Additional addenda for certain sectors = sector specific questions For example: Capital Investors, Higher Education, Education services, Credit advisor, Fund manager, Green building
- 3.00 – 3.10 Questions include metrics, indicators, best practices, etc. Why policies? Objective, Institutionalized (impact of business vs. an individual, impact over time)
- 3.10 – 3.25
- 3.10 – 3.25
- 3.10 – 3.25
- 3.10 – 3.25
- 3.10 – 3.25
- 3.10 – 3.25
- 3.25 – 3.45 Charlotte and Amy B will demo the BIA – touring through the new functionality as well as the various tools
- 4.15 – 5.00
- 3.45 – 4.15 COMPLETING THE BIA – RECOMMENDED DOCS: Payroll register Employee handbook List of significant suppliers Breakdown of revenue between products and services P&L Resource-use tracking Sustainability / CSR reports DOCUMENTS: A random selection of documents are selected for example Employee Handbook, listing of revenue IBM documents are requested after the review call, once you’ve had a chance to discuss IBM with Standards team DISCLOSURE AND BACKGROUND CHECKS: Companies are requested to complete a Disclosure questionnaire. This does not affect their score If they answer affirmatively to any items in DQ and B Lab deems these issues material, the company must: Be transparent with DQ on their public profile Explain how the issue has been addressed Demonstrate management systems that have been put in place to prevent any further issues B Lab reserve the right to refuse certification BACKGROUND CHECKS: If a company’s revenue is >$5m, Standards Team do a background check – review claims, PR, fines etc If anything negative is found, it is reviewed by Senior Management Anything considered to be high priority is taken to the SAC
- 3.45 – 4.15 COMPLETING THE BIA – RECOMMENDED DOCS: Payroll register Employee handbook List of significant suppliers Breakdown of revenue between products and services P&L Resource-use tracking Sustainability / CSR reports DOCUMENTS: A random selection of documents are selected for example Employee Handbook, listing of revenue IBM documents are requested after the review call, once you’ve had a chance to discuss IBM with Standards team DISCLOSURE AND BACKGROUND CHECKS: Companies are requested to complete a Disclosure questionnaire. This does not affect their score If they answer affirmatively to any items in DQ and B Lab deems these issues material, the company must: Be transparent with DQ on their public profile Explain how the issue has been addressed Demonstrate management systems that have been put in place to prevent any further issues B Lab reserve the right to refuse certification BACKGROUND CHECKS: If a company’s revenue is >$5m, Standards Team do a background check – review claims, PR, fines etc If anything negative is found, it is reviewed by Senior Management Anything considered to be high priority is taken to the SAC
- 5.00 – 5.15 Time for a quiz!
- 5.15 – 5.30