Explaining the notion of a 'triple bottom line' is often the biggest hurdle.───解释“三重底线”的概念往往是最大的障碍。 The triple bottom line (TBL) thus consists of three Ps: profit, people and planet.───因此,这三种底线(TBL)由三个P组成:利润、人力和地球。 Three of these align ...
Florida Ice &Farm, for example, links 60% of its boss's pay to the triple bottom line of "people, planet and profit" . 比如,FloridaIce&Farm把老板60%的薪水与“人、地球、利润”三条底线挂钩。 www.ecocn.org 9. Trend 1: The 3P's of Corporate Travel: Balancing the Triple Bottom Line ...
Synonyms People, Planet, Profit ; Three pillars, 3BL Definition Triple bottom line (TBL) accounting widens the conventional reporting structure to include ecological and social performance, in addition to economic performance. Spreckley ( 1981 ) first introduced the notion of TBL in a paper in ...
This is also called the planet bottom line or natural capital and is concerned with the size of a company’s ecological footprint and how to keep it as small as possible. This is done by controlling energy consumption, reducing manufacturing waste (especially the toxic kind) and dis...
What is the Triple Bottom Line Triple Bottom Line(TBL)is a framework for measuring and reporting corporate performance against Economic, Social, and Environmental parameters. It consists of three Ps:Profit, PeopleandPlanet. First is the traditional measure of corporate profit – the “bottom line”...
What Are the 3 Elements of the Triple Bottom Line (TBL)? The triple bottom line is an accounting framework that incorporates three dimensions of performance: social, environmental, and financial. These three facets can be summarized as "people, planet, and profit."2 ...
Planet(Natural Capital) refers to sustainable environmental practices. A TBL company endeavors to benefit the natural order as much as possible or at the least do no harm and curtail environmental impact. Profit(Financial Capital) is the bottom line shared by all commerce, conscientious or not. ...
The triple bottom line (TBL) is a sustainability framework that revolves around maximizing the three P's: people, planet and profit.
Planet –Next, the triple bottom line encourages businesses to think about their environmental footprint. Not only is “going green” the most ethical way to run a business, but it could also result in greater profits in the long run. After all, a sustainable corporate image is becoming incr...
Planet Importance of Triple Bottom Line Limitations of Triple Bottom Line Real-World Examples Measuring of Triple Bottom Line Economic Measures Environmental Measures Social Measures Final Words The famous British Management Guru Mr. John Elkington came up with this idea and coined the phrase and concep...