Impact Business Models evaluate the specific business models designed to create positive social and/or environmental impact beyond the basic operational impact of the business. Impact Business Models focus on the specific positive outcomes that are created for speicific stakeholders of the business, including employees, communities, customers, and the environment, and are marked by more intensive, generally intentional, systems of measurement and management. 15 distinct Impact Business Models are identified within in B Impact Assessment.
Model |
Model Description |
|
Mission Lock
|
Recognizes corporate forms and amendments that preserve mission and/or considers stakeholders regardless of company ownership |
|
Worker Owned
|
Recognizes distributive ownership models that empower employees, including cooperatives and ESOPs |
|
Consumer Benefiting Products & Services
|
Recognizes products and services of a company that are designed to provide significant social benefit to consumers (Provision of Basic Services, Health, Education, Economic Empowerment, Arts & Media, Flow of Capital to Purpose Driven Enterprises, Serving in Need Populations) |
| Workforce Development | Recognizes targeted hiring and training programs for chronically underemployed populations |
|
Supply Chain Poverty Alleviation
|
Recognizes supply chain strategies that reduce poverty through trade terms, positive labor conditions, and support for underserved suppliers |
| Local Economic Development (*Developed Market Only) |
Recognizes strategies to strengthen local economies through procurement, ownership, banking, customers and charitable giving |
| National Economic Development (*Emerging Market Only) | Recognizes strategies to strengthen national economic development via privatization or import substitution in underdeveloped markets |
| Producer Cooperative | Recognizes supplier owned structures that empower suppliers by organizing production, decision making, and profit distribution |
| Designed to Give | Recognizes charitable giving business models designed to designed to donate at least 20% of profits to charity |
|
Environmental Practices (Wholesale,
Agriculture, or Manufacturing)
|
Recognizes comprehensive environmental practices that significantly redesign agricultural, distribution or manufacturing processes to conserve natural resources
|
|
Designed to Conserve (Wholesale, Agriculture, or Manufacturing)
|
Recognizes comprehensive environmental practices that redesign traditional processes to conserve natural resources |
| Environment Benefiting Products & Services | Recognizes products and services of a company that are designed to restore or conserve the natural environment (Renewable energy, resource conservation, waste reduction, land or wildlife conservation, pollution prevention, environmental awareness education |
To learn more about the Standards of the B Impact Assessment, explore the B Impact Assessment Overview or check out our Standards Navigator.