Post by prantogomes141 on Feb 14, 2024 7:12:57 GMT
In the mid-1990s, serial entrepreneur and Volans co-founder John Elkington coined the phrase “triple bottom line” as he sought to measure the emerging concept of sustainability performance in corporate America. The triple bottom line expands the traditional accounting framework beyond measuring profits and shareholder value to include an organization’s environmental and social impact. By focusing on comprehensive investment results along the intertwined dimensions of profits, people and planet, the triple bottom line is a valuable marker of how well a business is meeting its sustainability goals.
While the triple bottom line is an accounting and reporting tool, according to Elkington, it is also a means of thinking about the future of capitalism Denmark Telemarketing Data and next-generation market solutions. According to Andrew Savitz, principal consultant at Sustainable Business Strategies, the triple bottom line “captures the essence of sustainability by both measuring the impact of an organization’s activities on the world … including both its shareholder values and its social, human and environmental capital.” “The core concept is sustainability here,” added Avinash Chandra, founder and CEO of BrandLoom. “
In other words, it can be defined as meeting the needs of the present without compromising the ability of future generations to meet their own needs.” In the mid-1990s, serial entrepreneur and Volans co-founder John Elkington coined the phrase “triple bottom line” as he sought to measure the emerging concept of sustainability performance in corporate America. The triple bottom line expands the traditional accounting framework beyond measuring profits and shareholder value to include an organization’s environmental and social impact. By focusing on comprehensive investment results along the intertwined dimensions of profits, people and planet, the triple bottom line.
While the triple bottom line is an accounting and reporting tool, according to Elkington, it is also a means of thinking about the future of capitalism Denmark Telemarketing Data and next-generation market solutions. According to Andrew Savitz, principal consultant at Sustainable Business Strategies, the triple bottom line “captures the essence of sustainability by both measuring the impact of an organization’s activities on the world … including both its shareholder values and its social, human and environmental capital.” “The core concept is sustainability here,” added Avinash Chandra, founder and CEO of BrandLoom. “
In other words, it can be defined as meeting the needs of the present without compromising the ability of future generations to meet their own needs.” In the mid-1990s, serial entrepreneur and Volans co-founder John Elkington coined the phrase “triple bottom line” as he sought to measure the emerging concept of sustainability performance in corporate America. The triple bottom line expands the traditional accounting framework beyond measuring profits and shareholder value to include an organization’s environmental and social impact. By focusing on comprehensive investment results along the intertwined dimensions of profits, people and planet, the triple bottom line.