Multiple bottom line
Triple bottom line is an accounting framework with three parts: social, environmental (or ecological) and financial. Some organizations have adopted the TBL.
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John Elkington strove to measure sustainability during the mids by encompassing a new framework to measure performance in corporate America. This accounting framework, called the triple bottom line (TBL), went beyond the traditional measures of profits, return on investment.
Mind Tools for Your Organization
Description:Sales dollars per kilowatt hours Greenhouse gas emissions Use of post-consumer and industrial recycled material Water consumption Amount of waste to landfill Nonprofits Many nonprofit organizations have adopted the TBL and some have partnered with private firms to address broad sustainability issues that affect mutual stakeholders. Companies recognize that aligning with nonprofit organizations makes good business sense, particularly those nonprofits with goals of economic prosperity, social well-being and environmental protection. Their approach includes the following: Food and Agriculture economic: