Real Leaders

Frequently Asked Questions

General Information

Yes, click here to view all questions.

We understand how the pandemic has affected the global economy. To allow for more room to demonstrate your company’s growth, we have expanded the growth rate in our evaluation from a 2-year growth rate to a 5-year growth rate. We are proud to honor impact companies both big and small.

Companies will be ranked based on their “Force for Good” Score. The formula for Force is velocity x mass (we use your Growth rate x Revenue). If the applicant has not taken the B Impact Assessment, a default score will be applied derived from an average BIA score of the applicant pool. This provides the “Good” score. The Force for Good Score is the product of your 5-year sales growth % x 2020 revenues x the B Impact Assessment or default score. 
 
Example: A company had $1 mm in sales in 2015 (or your earliest full year of revenue) and $4 mm in sales in 2020 and had a score of 85 on the BIA. The Force for Good Score would be ($4-$1)/$1 * $4 * 85) = 1020.
  • It’s Easy. Applying takes only 2 minutes.
  • Recognition. Be globally recognized as one of the most dynamic, impactful companies in the country.
  • Attract and Retain Talent. The best talent is seeking jobs that have a positive impact where they can make a difference.
  • Attract Growth Capital.
  • Attract Loyal Customers.
  • Networking. Be part of a group of dynamic CEOs using business as a force for good.
  • Show the world how everyone can do well by doing good!

The Real Leaders Impact Awards utilizes the B Impact Assessment, the impact standard developed by the non-profit B Lab and used by more than 50,000 companies globally, as way to credibly assess the holistic impact of companies. Impact companies that have not yet taken the B Impact Assessment may still apply for the Real Leaders Impact Awards.

 

Applying

Fill out the two application forms. Then provide evidence of positive impact for committee approval.  

The Final Application fee is $595 when you apply by September 10th.

Yes, your revenue numbers are used for internal validation only. They will not be shared outside the validation committee and will not be published online or in print.

Eligibility

The only requirements are evidence of positive impact and revenues.

We define revenue as gross revenue, less returns and allowances, before any cost of goods sold are deducted. This is the same number that is called for in Box 1c of a corporate income tax return.

No, your company does not have to have positive net income or EBITDA to be eligible.

Yes, it’s eligible.

Impact and Revenue Validation

For the ranking to be credible, we carefully verify the top companies for their 2015 and 2020 revenue numbers that they provide. If your company was founded after 2015, we will take your first full year instead. All financial information will be kept confidential.

The Real Leaders Awards will utilize the B Impact Assessment.  If the applicant has not taken the B Impact Assessment, a default score will be applied derived from an average BIA score of the applicant pool.

WISDOM TO YOUR INBOX

 

x (x)
 
x (x)
 
x (x)
 
x (x)
 
x (x)
 
x (x)
 

 

x (x)
 
x (x)
 
x (x)
 
x (x)
 
x (x)
 
x (x)
 

You have successfully subscribed !

x (x)
 
x (x)
 
x (x)
 
x (x)
 
x (x)
 
x (x)
 
x (x)