Triple Bottom Line
Content
Definition
The Triple Bottom Line is a sustainability framework that evaluates a company`s performance based on three Ps: profit, people, and the planet, increasingly important for startups seeking socially responsible investment.
Usage and Context
The triple bottom line measures a startup’s success based on profit, people, and the planet.
Frequently asked questions
- What is the triple bottom line sustainability theory? The triple bottom line theory assesses a company’s success based on profit, people, and the planet.
- What are the 3 P`s of the triple bottom line? The 3 P`s of the triple bottom line are Profit, People, and Planet, which evaluate a company`s social, environmental, and financial impact.
- What is the triple bottom line framework? The triple bottom line framework looks at a company`s success based on three factors: profit, people, and the planet, focusing on sustainability and social responsibility.
Benefits
The triple bottom line balances profit, social responsibility, and environmental impact.
Conclusion
The triple bottom line measures performance by balancing profit, social responsibility, and environmental impact.
