Triple bottom line


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Triple bottom line

Measuring the economic, social, and environmental performance of a project. This method of assessment aims for synergy among these three aspects rather than compromise or trade-offs among them.
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If the proposed organization is a triple bottom line, is the board supportive of the project?
Cannibals with Forks: The Triple Bottom Line of Twenty-First-Century Business.
The environmental aspects of the triple bottom line could be measured in relation to energy, water, emissions, and products and services (www.
Many organisations have attempted to implement triple bottom line reporting, producing corporate social responsibility or corporate sustainability reports.
For more information on the triple bottom line approach, read The Triple Bottom Line by Andrew Savitz.
At this point, triple bottom line (TBL), also called sustainable accounting, is a voluntary auditing process that measures a company's or development's progress toward certain expressed objectives in areas such as economic prosperity, environmental quality and social justice.
This report assesses the performance of 15 utilities to determine how they met their triple bottom line (TBL), or environmental, social, and economic performance and how well they reported on it.
This blog definitely has a big business focus, I think because this is where the biggest impact of the triple bottom line is seen.
Written to showcase "how today's best-run companies are achieving economic, social and environment success and how you can too," The Triple Bottom Line seems to successfully achieve its goal.
Through telework programs, employers are able to provide triple bottom line benefits -- environmentally through air emission reductions and improved airshed quality; economically through trading mobile emissions reduction credits for financial returns, enhanced employee productivity with less commuting time, and, in some cases, reduced insurance premiums; and socially through employee work-life flexibility," said CH2M.
His alternative economy, while still market-based, would provide incentives to operate in ways that support societal goals; introduce new measures of progress such as triple bottom line or Index of Sustainable Economic Welfare; employ community-based money supply systems; replace current beliefs that maximising material throughput equals maximised utility; and finally, the exquisitely appealing idea of taxing waste rather than taxing goods and services.
We will have to incorporate social and environmental performance into the measures of the success of manufacturing industry - the triple bottom line.