B Lab Scoping
Introduction to the process
Why do the
Scoping Exercise?
What is B Lab’s Scoping Exercise?
Is scoping optional?
What are the benefits to the formal scoping process?
Scoping of one form or another is unavoidable.
All businesses must submit information at submission that are designed to discover any complexity or trigger additional requirements.
So, scoping of some kind will either happen to you at submission or you can use a formal stand alone process earlier on to de risk the journey. For some, the formal exercise is compulsory.
The formal scoping exercise was in response to the number of companies being discovered at submission that had an incorrect BIA or were unaware of their additional requirements.
So, the choice is when rather than if you do this.
What happens during scoping?
Why is it needed?
Who is it for?
Scoping undertakes a review of the structure and context of your company to provide assessment clarity for you and B Lab.
Scoping is specifically aimed at complex situations, as defined by B Lab as:
And potentially if the company:
To ensure complex businesses are correctly set up prior to certification.
B Lab saw too many at the point of submission that, after a lot of work, had adopted an incorrect/incomplete pathway.
How can Shoremount help?
What are the benefits to Shoremount helping?
We save you significant lost cost versus making a submission error.
1
We provide insight and templates to accelerate the exercise.
2
We know who to connect you with if deeper exploration is needed.
3
We can sync it in with your wider B Corp journey to maintain progress.
4
We can help you resource internal discussions and approvals.
5
We complete this quicker than dealing with B Lab directly.
6
PROVIDING
GATHERING
REVIEWING
SUBMITTING
CONFIRMING
Shoremount supplies folder that contains all the required documentation.
Client completes correct documents depending on company info and characteristics.
Client and Shoremount review documentation with any obvious follow ups required.
Shoremount submits the materials to the correct team and then liaises on the detail with B Lab.
B Lab sends confirmation memorandum on certification pathway and BIA details.
What is the workflow across the Scoping exercise?
Includes Templates To Complete: �Which depends on company characteristics
How Much Time Will It Require?
Your time investment typically ranges from 2 - 5 hours for the whole process, depending on complexity.
How Long Will It Take Overall?
Once submitted to B Lab it tends to take 3 - 6 weeks to conclude.
We typically undertake Scoping as part of the first step, alongside two other exercises to set up the entire journey for short to long term success. However, it can be done as a stand alone exercise.
STARTING
REVIEW
CONTEXT
SETTING
TEAMING & TRAINING
STRATEGY CREATION
Structured support across the five BIA areas to reach the certification standard.
Connect to 2023+ requirements.
GOVERNANCE
WORKERS
ENVIRONMENT
COMMUNITY
CUSTOMERS
IMPLEMENT
FINAL �REVIEW
SUBMIT
Step #1
#2
#3
#4
#10
#5
#6
#7
#8
#9
How does Scoping fit into a typical B Corp journey?
Whilst we typically undertake Scoping as part of a three part exercise, we can cost it separately.
As an indication, total cost for all three parts ranges £2,500 - £10,000 depending on context.
This is a significant value add vs the cost of an incorrect set up or misjudging the commitment.
What does it cost?
PART 1
Discovery Questions
PART 3
Contextual Awareness
What is it?
The Discovery section of the �B Impact Assessment
Why do it?
Highlights any material or controversial issues that might create additional requirements.
How much of your time is needed?
0.5 - 1.5hrs
What is it?
Spot check on context B Corp will live within, particularly amongst leaders.
Why do it?
Reality check of what is required to succeed and align with commitments and new performance requirements.
How much of your time is needed?
1 - 3hrs
PART 2
Scoping Exercise
What is it?
Formal B Lab review of the corporate structure and trading brands.
Why do it?
Create clarity about what the B Corp pathway will be and highlight any additional requirements.
How much of your time is needed?
2 - 5hrs
Contact Us
Shoremount�Founding UK B Corp
53 Davies Street, London
John Featherby
+44 (0)7968 532626
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