B Impact Report

Logo for IBA Group (Ion Beam Applications Group)

IBA Group (Ion Beam Applications Group)

Proton therapy, Industrial Sterilization, Radiopharmaceuticals and Dosimetry
Certified Since: April, 2021
Location: Louvain-la-Neuve, Brabant-Wallon, Belgium
Sector: Manufacturing

Overall B Impact Scoreinfo_outline

90.4

The B Impact Scores are being compared against all businesses that have completed the B Impact Assessment

www.iba-worldwide.com

IBA (Ion Beam Applications S.A.) is the world leader in particle accelerator technology. The company is the leading supplier of equipment and services in the field of proton therapy, considered to be the most advanced form of radiation therapy available today. IBA is also a leading player in the fields of industrial sterilization, radiopharmaceuticals and dosimetry. The company, based in Louvain-la-Neuve, Belgium, employs approximately 1,500 people worldwide, in Belgium, USA, Germany, China and more than 20 other countries. IBA is listed on the pan-European stock exchange EURONEXT.
IBA is proud to join the B Corp community, which is the culmination of a long process that involved all aspects of the company. It is the starting point of a new approach which was already present since years in its culture but which now takes on a whole new dimension. The assessment that led to the B Corp certification helped identifying the points that IBA can work to improve upon. In accordance with B Lab requirements, IBA has also modified its legal status to formally integrate its commitment to consider the consequences of its activities and the interests of all its stakeholders, namely its shareholders, employees, its customers and their patients, its suppliers, the community, and the planet.

Additional Documentationinfo_outline

file_downloadIBA Group (2021) - Transparent Assessment

Impact Area Scoresinfo_outline

info_outlineOverall B Impact Score

To certify as a B Corp, a company must achieve a minimum verified score of 80 points on the B Impact Assessment. The B Impact Assessment asks questions about how the day-to-day operations of a company create positive impact for the company’s workers, community, and environment. Additionally, companies can earn further points if their overall business model can be shown to create positive social and environmental impact as well, qualifying the company for specific Impact Business Model points.

Scores for Certified B Corporations are verified by the non-profit B Lab.

info_outlineImpact Area Scores

The questions in the B Impact Assessment are organized into five Impact Areas: Governance, Workers, Community, Environment, and Customers. Click into a Impact Area to see topics covered in each. Topics in blue are Impact Business Models associated with that Impact Area where the company has earned additional credit. Due to rounding, displayed totals may not add up exactly.

The B Impact Assessment is customized to a company's size, sector, and geographic market.  However, within those parameters, there are still questions included in the B Impact Assessment that might not be relevant to a particular company. In cases where a question is not applicable, the potential points available for that question are instead earned based on the performance of the company on the other topics relevant to the stakeholder and summed up as "N/A points." Likewise, a score of N/A for Workers means that the company is a sole proprietor or partnership with no full-time staff, and a score of 0 or N/A for Customers means that the company does not have a specific Customer-focused Impact Business Model.

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info_outlineBest for the World Honoree

Each year, B Lab releases lists honoring the top-performing Certified B Corps in each Impact Area and overall, broken down by size, on the annual Best for the World lists.

info_outlineAdditional Documentation

B Lab may determine that a company should make additional material beyond their B Impact Report transparent in order for the public to be able to evaluate the company’s overall impact. This additional transparency may cover participation in a controversial industry, information shared on the company’s Disclosure Questionnaire, or simply a company’s relationship to a larger complex entity. Public companies and wholly-owned subsidiaries are required to make their full B Impact Assessments transparent to achieve B Corp Certification.