The triple bottom line is a business concept that states firms should commit to measuring their social and environmental impact—in addition to their financial performance—rather than solely focusing on generating profit, or the standard “bottom line”1. The triple bottom line can be broken down into “three P’s”: profit, people, and the planet2. Firms can use these categories to conceptualize their environmental responsibility and determine any negative social impacts to which they might be contributing1.
Triple bottom line
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Triple bottom line
Submit