The Triple Bottom Line: the People, the Planet, and the Profits

Profit: Organizational Viability Considerations and Recommendations A business is formed primarily to profit its founders and employees. As part of the 3BL, profit is a co-equal consideration with business impacts on the planet and people. However, profit is the only of the three that is essential to the operation of the business; if the business is not making profit, then the next-best-case scenario is that the business is breaking even. That means that the business is stagnant and unable to invest

explains the history of the triple bottom line, and the different things they measure to ensure the bottom line is actuate. It also talks about what it means for a company to follow the bottom line. Also about PetSmart and how they follow the triple bottom line, what they do in order to make it work for them. PetSmart Triple Bottom Line This paper explains the triple bottom line which measures a company’s profits, planet and people goals. It also addresses the triple bottom line for a company? And How

Triple Bottom Line within The Coca-Cola Company Laquisha Highsmith Columbia Southern University   Triple Bottom Line within The Coca-Cola Company What is the definition of triple bottom line and does Coca-Cola have this triple bottom line? This is a question many would think relates to financial statistics and tremendously high revenue earnings. Not even close to the true meaning. Triple bottom line (TBL) has three distinctive frameworks or bottom lines consisting of the (1) profit bottom line

The Triple Bottom Line of Whole Foods Market 582083-3 Preparation Center For Language and Mathematics Mahidol University International College 2015 The triple bottom line or TBL is an accounting framework that was created by John Elkington for measuring the company’s sustainability in the mid-1900s (Slaper & Hall, n.d). The triple bottom line incorporates the three dimensions of company which are people, planet, and profit or they were called 3P (Investopedia, 2015). First, people is

2014). Multiple corporations grapple with how to meet the ethical standards of corporate social responsibility in today’s global economy. Becoming a triple bottom line company would help a business meet its ethical obligations and demonstrate its sustainability progress to stakeholders. Employing utilitarian theory of ethics to exam triple bottom

Triple bottom line approach is an addition of the standards to measure the achievement of the firm. Conventionally, a business is considered to successful if it has generated massive profit, but the triple bottom line approach takes into interpretation the three criteria for evaluating the success of the firm i.e. economic, communal and environmental. Triple Bottom Line (TBL) Approach is generally defined by the 3Ps: People. Planet and Profit. People – (The social bottom line) Planet – (The environmental

INTRODUCTION Triple bottom line The triple bottom line (abbreviated as "TBL" or "3BL", and also known as "people, planet, profit" or "the three pillars") captures an expanded spectrum of values and criteria for measuring organizational success. For example economic, ecological and social. In the private sector, a commitment to corporate social responsibility implies a commitment to some form of TBL reporting. This is distinct from the more limited changes required to deal only with ecological

corporate social responsibility in relation with the triple bottom line concept, guiding the airline industry into becoming a forward-thinking industry embedding sustainability into their core of business operations to create shared value for business and society. I will define corporate social responsibility and areas of social responsibility in the airline industry at the beginning of the paper and proceed with how it ties into the bottom line concept. Next, I will give brief examples of airlines

such as corporate social responsibility in relation with triple bottom line, to shift the airline industry into becoming a forward-thinking industry embedding sustainability into their core of business operations to create shared value for business and society. I will define corporate social responsibility and areas of social responsibility in the airline industry at the beginning of the paper and proceed with how it ties into the bottom line concept. Next, I will give brief examples of airlines

manufacturing the products. b) People: people refers to human resource. Sustainable business ensures that fair practices are practiced in the organization towards employees. This can be done by providing fair wages to employees, providing job security, providing safe environment to work etc. c) Profit: every business main motto is to make profit. Company also should make sure that profits are earned in compliance with people and planet. This would fetch more profit for the company in long run. Company