1. Triple bottom line

2. Sustainable procurement - Exogenous considerations: the “triple bottom line”
Sustainable procurement broadens this framework to take account of third-party consequences of procurement decisions, forming a “Triple bottom line|triple baseline” of external concerns which the procuring organisation must fulfil.

3. Triple bottom line
The concept of a 'triple bottom line' (abbreviated as 'TBL' or '3BL') adds two more bottom lines; social and environmental concerns

4. Triple bottom line
An example of an organization seeking a triple bottom line would be a social enterprise run as a non-profit, but earning income by offering opportunities for handicapped people who have been labelled unemployable, to earn a living recycling

5. Triple bottom line - Definition
In 1981 Freer Spreckley first articulated the triple bottom line in a publication called 'Social Audit - A Management Tool for Co-operative Working'.Freer Spreckley 1981 [ Social Audit - A Management Tool for Co-operative Working] In this work, he argued that enterprises should measure and report on social, environmental and financial performance.

6. Triple bottom line - Definition
The phrase was coined by John Elkington in his 1997 book Cannibals with Forks: the Triple Bottom Line of 21st Century Business.Brown, D., J. Dillard and R.S. Marshall. (2006) [ Triple Bottom Line: A business metaphor for a social construct.] Portland State University, School of Business Administration. Retrieved on: Sustainable Development, was most famously defined by the Brundtland Commission of the United Nations in 1987.

7. Triple bottom line - Definition
1998 also marked the foundation of the Triple Bottom Line Investing group by Robert J. Rubinstein, a group advocating and publicizing these principles.

8. Triple bottom line - Definition
A growing number of financial institutions incorporate a triple bottom line approach in their work. It is at the core of the business of banks in the Global Alliance for Banking on Values, for example.

9. Triple bottom line - Bottom lines
The triple bottom line is made up of social equity, economic, and environmental factors.

10. Triple bottom line - Bottom lines
People, planet and profit succinctly describes the triple bottom lines and the goal of sustainability. The phrase, people, planet, profit, was coined by John Elkington in 1995 while at SustainAbility, and was later adopted as the title of the Anglo-Dutch oil company Shell's first sustainability report in As a result, one country in which the 3P concept took deep root was The Netherlands.

11. Triple bottom line - Bottom lines
A triple bottom line enterprise seeks to benefit many constituencies, not exploit or endanger any group of them

12. Triple bottom line - Bottom lines
A triple bottom line company does not produce harmful or destructive products such as weapons, toxic chemicals or batteries containing dangerous heavy metals, for example.

13. Triple bottom line - Supporting arguments
Advocacy for triple bottom line reforms is common in Green Parties. Some of the measures undertaken in the European Union towards the Euro currency integration standardize the reporting of ecological and social losses in such a way as to seem to endorse in principle the notion of unified accounts, or unit of account, for these deficits.

14. Triple bottom line - Criticism
While many people agree with the importance of good social conditions and preservation of the environment, there are also many who disagree with the triple bottom line as the way to enhance these conditions. The main arguments against it are summarised below.

15. Triple bottom line - Criticism
*Reductive method: In the triple bottom line, a corporate-oriented approach, the social—that is, the way in which humans live and relate to each other and the environment—is secondary

16. Triple bottom line - Criticism
Thus the triple bottom line is thought to be harmful by diverting business attention away from its core competency

17. Triple bottom line - Criticism
Support for the concept of the triple bottom line itself is said to be an example of the choices available to the citizens of a society made wealthy by businesses attending to business

18. Triple bottom line - Criticism
*Libertarianism|Libertarian: As it is possible for a socially responsible person to sincerely believe that the triple bottom line is harmful to society, the libertarian view is that it would be arrogant to force them to support a mechanism for the improvement of society that may, or may not, be the best available

19. Triple bottom line - Criticism
The concept of a triple bottom line, while initially attractive, seems to ignore the reality that if one is not adding value to society it is subtracting value. So creating a third bottom line for the environment often can lead organizations to fragment the societal (or Mega) bottom line. (Kaufman, 2011, Bernardez, 2005)

20. Triple bottom line - Legislation
Legislation permitting corporations to adopt a triple bottom line is under consideration in some jurisdictions, including Minnesota and Oregon.

21. Triple bottom line - Legislation
Some businesses have voluntarily adopted a triple bottom line as part of their articles of incorporation or bylaws, and some have advocated for state laws creating a Sustainable Corporation that would grant triple bottom line businesses benefits such as tax breaks.

22. Triple bottom line - Legislation
The triple bottom line was adopted as a part of the State Sustainability Strategy,[ Government of Western Australia

23. Corporate social responsibility - Triple bottom line
People planet profit, also known as the triple bottom line, are words that should be used and practiced in every move an organization makes.

24. Corporate social responsibility - Triple bottom line
Planet refers to sustainable environmental practices. A triple bottom line company does not produce harmful or destructive products such as weapons, toxic chemicals or batteries containing dangerous heavy metals for example.

25. Corporate social responsibility - Triple bottom line
Despite the fact that adopting this triple measure has helped some companies be more conscious of their socialhttp:// and moral responsibilities, the triple bottom line has its critics

26. Community supported fishery - Triple bottom line
Community-supported fishery programs operate on a triple bottom line, which incorporates environmental stewardship, economic stability, and social improvements as goals of their business. The success of each aspect is intricately tied to the success of other two, creating a balance that benefits the fishermen, the consumers, and the health of the environment.

27. Corporate responsibility - Triple bottom line
People, planet and profit, also known as the triple bottom line form one way to evaluate CSR.

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