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Topic: Triple bottom line


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In the News (Thu 12 Nov 09)

  
  Triple bottom line - Wikipedia, the free encyclopedia
Advocacy for triple bottom line reforms is common in Green Parties.
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.
Businesses should be able to voluntarily adopt a 'Triple Bottom Line' as part of their articles of incorporation or bylaws[1].
en.wikipedia.org /wiki/Triple_bottom_line   (1240 words)

  
 Articles of Interest - Triple Bottom Line
An organisation seeking to improve its bottom line performance clearly needs to understand the social and environmental implications f its operations, as well as the performance expectations of its various stakeholders.
Triple bottom-line reporting is a path which points to practical benefits for companies themselves as well as their varied stakeholders.
To refuse the challenge implied by the triple bottom line is to risk extinction.
www.fsed.org /resources/articles_tbl.html   (614 words)

  
 McDonough.com | Design for the Triple Top Line
In practice, however, triple bottom line accounting tends to focus on economic concerns, with ecological or social benefits sometimes considered as an afterthought.
Typically, meeting the triple bottom line is seen as a balancing act, a series of compromises between competing interests played out in product and process design.
Triple top line thinkers, rather than trying to limit the influence of one or the other of these value systems, discover opportunities in honoring the needs of all three.
www.mcdonough.com /writings/design_for_triple.htm   (3776 words)

  
 Managing the triple bottom line: Part 4   (Site not responding. Last check: 2007-10-13)
Part I of this series introduced the concept of triple bottom line management - a way of evaluating corporate performance on social, environmental, and economic factors.
Triple bottom line reporting is one of the most challenging communications issues facing information professionals today, not only in corporations but also in nonprofits and government agencies.
Triple bottom line reporting is an opportunity to show how important they are, not just to the organization but also the environment in which it must operate.
www.montague.com /abstracts/TBL4.html   (254 words)

  
 McDonough.com | Beyond the Triple Bottom Line
And the triple bottom line is replacing purely economic metrics.
The triple bottom line has been, and remains, a useful tool for identifying problems and integrating sustainability into the corporate agenda.
In practice, however, measuring performance at the bottom line tends to be a balancing act between economic value and environmental liabilities.
www.mcdonough.com /writings/beyond_triple.htm   (1164 words)

  
 Redefining Business Success: The "Triple" Bottom Line
Attending to the triple bottom line means meeting the financial, ecological, and social needs of the present while maintaining the ability of future generations to meet their own needs.
Failure to consider this aspect of the triple bottom line may show up as increased health and unemployment costs in the larger society, as well as higher taxes for welfare, social services, and prisons.
Attending to the triple bottom line reveals that you value sustainability, and gives you an opportunity to shape a business that is more resilient to the ever-changing demands of the marketplace.
www.pegasuscom.com /levpoints/triplebottom.html   (911 words)

  
 Achieving the Triple-Bottom Line - An Address to the John Stuart Mill Society 13 June 2000
It's the traditional bottom line economic profit of a company, with the added dimensions of social and environmental accountability.
The challenge we face in developing the concept of triple bottom line accountability is to bring all three areas together.
The first step in embracing the concept of the triple bottom line must be the acknowledgment that sustainable development does not mean that companies should abandon the goal of profitability.
www.deh.gov.au /minister/env/2000/sp13jun00.html   (2671 words)

  
 Triple Bottom Line?   (Site not responding. Last check: 2007-10-13)
mething called the "triple bottom line." To the standard bottom line of profit-and-loss are added two more categories with balance sheets of their own: environmental quality, and social justice.
After such mandated expenditures, it is natural that companies would wish to devote their remaining working capital to developing assets that add to the bottom line in a more meaningful way than an incremental efficiency gain.
They are starting to play the stock market game by "warning" investors that companies that do not heed the call of the triple bottom line will see their market value decline.
www.cdfe.org /bottom_line.htm   (2237 words)

  
 Triple Bottom Line   (Site not responding. Last check: 2007-10-13)
TBL reporting to stakeholders focuses on the economic, social and environmental aspects of corporate activities.
The Commonwealth Department for Environment and Heritage document The State of Sustainability Reporting in Australia (2004) notes that among the drivers for the uptake of sustainability reporting are: personal and corporate liability, environmental regulatory compliance, demonstrated risk management and enhanced public profile.
However, while TBL reporting considers the economic (often financial), social and environmental impacts of an organisation separately, it is argued that sustainability reporting should adopt a more holistic and integrated way to consider economic, social and environmental factors.
www.environment.sa.gov.au /sustainability/triple_bottom_line.html   (730 words)

  
 SPIRITUALITY AS THE FOURTH BOTTOM LINE
The “bottom line” question asserts that argument, visions and language display are all interesting but ultimately unimportant.
In this sense, spirituality as fourth bottom line should not be seen as selling to global corporatopia but in fact ensuring that the pendulum does not take us back to medieval times but spirals forward.
However, the triple bottom line, and spirituality as the fourth, may be a way to start to change the system so that it is spiritual-friendly, instead of ridiculing and marginalizing it.
www.metafuture.org /Articles/spirituality_bottom_line.htm   (3501 words)

  
 The triple bottom line | Strategies & tools | BSDglobal
The 'triple bottom line' is rapidly gaining recognition as a framework for measuring business performance.
In its broadest sense, the triple bottom line captures the spectrum of values that organizations must embrace - economic, environmental and social.
In practical terms, triple bottom line accounting means expanding the traditional company reporting framework to take into account not just financial outcomes but also environmental and social performance.
www.bsdglobal.com /tools/principles_triple.asp   (112 words)

  
 Sustainable Development Online
In many ways Triple Bottom Line has become the latest series of buzz words to describe sustainability in business and local government.
While most organisations are familiar with the traditional ‘bottom line’, profit - they are now looking to report on their social and environmental performance indicators.
Implementing a TBL report or a Sustainability Report (as some refer it to) is now easier than ever before.
sd-online.ewindows.eu.org /Tools/URL_295   (123 words)

  
 CSR and The Triple Bottom Line   (Site not responding. Last check: 2007-10-13)
Lawsuits may arise from a triple bottom report or the adoption of a code of conduct or from allegations about environmentally, socially or financially harmful activities.
Below is a list of some of the countries with triple bottom line reporting laws, some of the lawsuits.
One ways to do this is by integrating the triple bottom line into current business activities in ways that meet the financial goals of a company by bettering the environment and society.
www.zipcon.net /~laura/laws.htm   (1396 words)

  
 Sustainable Business Network of Greater Philadelphia - 2005 Triple Bottom Line Awards
The goal of the Triple Bottom Line Awards is to recognize independent, locally owned businesses that are financially successful while demonstrating laudable social and environmental practices.
The Triple Bottom Line is a framework designed to measure a company’s performance in three areas: social impact, environmental impact and profitability.
The Triple Bottom Line Awards were made possible by lead sponsors RecycleBank, White Dog Cafe and the Women’s Opportunities Resource Center, as well as supporting sponsor Praxis Capital LP.
sbnphiladelphia.org /events/svi2005folder/triplebottomlineawards   (758 words)

  
 FROM PARTNERSHIPS TO TRIPLE BOTTOM-LINE   (Site not responding. Last check: 2007-10-13)
If companies are to make a contribution to the new social coalition, if they are to act in a way that is socially responsible, then they need to manage each of these interactions in ways that are consultative, inclusive, caring and transparent.
Companies committed to triple bottom line outcomes will be driven by a philosophy of proactive engagement.
They fail to see that values underlie everything and that you need to work from the top to the bottom (and from the bottom to the top) to ensure that your behaviour is aligned with your values.
www.uk.earthwatch.org /australia/pubsbottom.html   (2823 words)

  
 Triple Bottom Line Business Planning Strategies: inKNOWvate Consulting 831-706-4339 (via CobWeb/3.1 ...   (Site not responding. Last check: 2007-10-13)
Our primary focus is working with organizations that are making the shift toward sustainability, and need to effectively transition themselves into the triple bottom line profit marketplace.
We are a professional consulting firm that works with organizations who have identified both sustainability and innovation as core elements of their existing strategic plan.
CoLab elements address principles from triple bottom line management, organizational learning, values assessment and decision-making using inKNOWvate's six point architecture model.
www.inknowvate.com.cob-web.org:8888 /inknowvate/triple_bottom_line_concepts.htm   (325 words)

  
 Triple Bottom Line : Fisheries Research and Development Corporation FRDC
The FRDC has moved to an integrated triple bottom line reporting framework that will provide greater transparency on, and understanding of, how the FRDC operates.
As the first stage of this process FRDC engaged Sydney University to undertake an analysis of the FRDC Secretariat functions (the running of the FRDC, staff, building etc.) and develop a TBL account for the Corporation.
The results of this analysis show that measured per dollar of output, FRDC performs much better than the private sector organisations in the wider economy in terms of all environmental indicators, including far above average in land disturbance and water use, and above average in greenhouse gas emissions andprimary energy use.
www.frdc.com.au /triplebottomline   (217 words)

  
 Spinwatch - The triple bottom line lie
But an NBR investigation into his business affairs shows his company's commitment to the much-hailed triple bottom line movement is a sham.
This was done to "protect the increasing number of stakeholders' livelihoods," the triple bottom line report recorded.
At the beginning of 2001, the year of Hubbard Foods' only triple bottom line report, the experimental board of directors swelled from two to six, with new appointees including former Heinz New Zealand chief executive Mr Irving, Ms van de Coolwijk, self-described business consultant Paul Brosnahan and Hubbard operations manager John Ashman.
www.spinwatch.org /content/view/459/9   (1172 words)

  
 What's Wrong With the Triple Bottom Line   (Site not responding. Last check: 2007-10-13)
Advocates of the "triple bottom line" paradigm encourage managers to think in terms of not just the good old fashioned financial bottom line, but in terms of two additional "bottom lines," namely the so-called "social bottom line" and "environmental bottom line."
The authors argue that the triple bottom line ("3BL") paradigm is a rhetorical device with little substance.
Despite a lack of critical reflection, "Triple Bottom Line" rhetoric is spreading like wildfire.
www.businessethics.ca /3bl   (227 words)

  
 Achieving the Triple Bottom Line
The unfortunate truth is that few environmental organizations would pass any rigid triple bottom line audit today.
And companies funding such work without knowing what policies they are supporting would not be achieving that triple bottom line either.
I hope you will consider using it to assist you in truly attaining that vital triple bottom line.
www.holisticmanagement.org /new_site_05/Info/art_triple.html   (2132 words)

  
 bottomline3.com - triple bottom line
The result is a software package that produces a triple bottom line analysis with a high level of validity.
The software can be used "out-of-the-box" by an organisation to perform their own triple bottom line analysis.
The user is shielded from the complexity of the calculations and statistical data required by a simple to use interface than only requires allocation of profit and loss figures and input of direct environmental impacts.
www.bottomline3.com /default.aspx?page=products&lang=en   (546 words)

  
 Triple Bottom Line Micro Finance Banking
The purpose of this project is to help MFI’s implementing the concept of triple bottom line management and being transparent about this.
We think this Newsletter will give you a good impression of how the Project is developing by reading about the October Workshop and GRI event in Amsterdam, the TSF Project Webspace, Halifax discussions on social performance, and the way forward (including coming Worksheets).
This BLOG is dedicated to Social and Environmental Issues, such as: Impact Monitoring, Triple Bottom Line Management, and Reporting.
tblmicrofinance.blogspot.com   (1347 words)

  
 CSR and the Triple Bottom Line   (Site not responding. Last check: 2007-10-13)
Musikanski is now working on a paper that follows up on this paper called “Effective Indicators for the Triple Bottom Line.” This paper will provide a set of criteria for evaluating triple bottom line indicators and an analysis of the indicators that are currently available for CSR reporting.
In this paper the term CSR is used to encompass the theory and practices behind “triple bottom line,”sustainable business practices,” “stewardship of the earth and community” as well as socially, environmentally, and fiscally responsible business practices.
A code of conduct that enables a business to realize the triple bottom line will guide managers to make decisions that are profitable while meeting the goals of social and environmental stewardship.
csrandthetriplebottomline.blogspot.com   (15444 words)

  
 Dow's Commitment to the Triple Bottom Line
The Triple Bottom Line is the ultimate balance sheet, calling attention to the three fundamental areas – economics, environment, and society – where companies impact the quality of life.
The Triple Bottom Line provides a clear means to assess Dow progress against our goals for improvement.
This enables Dow to report its progress against the Triple Bottom Line in a highly accessible and transparent fashion to meet the needs of the majority of our stakeholders.
www.dow.com /publicreport/2003/intro/index.htm   (1365 words)

  
 BGI Community Blog » Triple Bottom Line   (Site not responding. Last check: 2007-10-13)
This article is based on a paper written for a required first year MBA class at Bainbridge Graduate Institute called Finance, Accounting, and the Triple Bottom Line.
Students were asked to read a series of articles about the takeover of Pacific Lumber Company by Maxxam in 1986 and to evaluate what impact the financial system under which Pacific Lumber was operating had on the decision making process.
It is clear that the operational dynamics of businesses and the social, environmental, and economic consequences of business operations are deeply intertwined with organizational dynamics and structure, with the nature of financing, and with the methods of inventorying and valuating various product lines.
www.bgiedu.org /blog/category/triple-bottom-line   (944 words)

  
 Word Spy - triple bottom line   (Site not responding. Last check: 2007-10-13)
A business principle that measures corporate performance along three lines: profits, environmental sustainability, and social responsibility.
The University of Bath, where students are being schooled in putting sustainable development at the centre of running a business.
The triple bottom line is people, planet and profit—the idea being that environmental quality and social equity are just as important as fl ink at the bottom of the ledger."
www.wordspy.com /words/triplebottomline.asp   (126 words)

  
 Triple Bottom Line Reporting   (Site not responding. Last check: 2007-10-13)
Research on Life Cycle Assessment (LCA) and Costing, ecological footprint and triple bottom line reporting.
The application of the guidelines to a higher education organisation has also tested the claim that the guidelines are "applicable to organisations of all sizes and types".
Currently, applied research is undertaken to how utilise input-output analysis for quantitative risk assessment and TBL reporting in close cooperation with Integrated Sustainability Analysis Group at Sydney University.
www.cwwt.unsw.edu.au /lca/triple-bottom-line.html   (209 words)

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