Corporate Sustainability: Triple Bottom Line and Six Forms of Capital

BUSINESS, SOCIETY &
THE PLANET

Contents
Introduction........................................................................................................... 2
Triple bottom line, sustainability, and business.....................................................2
Six forms of capital utilised by the organisation....................................................2
Six phases of corporate approaches to achieve sustainability..............................3
Conclusion............................................................................................................. 5
References............................................................................................................. 6

Introduction
The report brings out a critical and analytical reflection on corporate sustainability with the
help of some theories such as six forms of capital for sustainability and triple bottom line.
This analysis has some of the corporate business examples on those companies that either
have achieved or have not achieved the long-term sustainability.
Triple bottom line, sustainability, and business
This concept of triple bottom line considers many topics such as resources in business,
labour, finance and the impact of these factors on the business. John Elkington proposed and
elaborated the impact of various business functions while creating the value addition to the
business creates the philosophy. Planet, people, and profit are recognised under the triple
bottom line. After understanding the theorisation of this concept, I have developed the
parameters on which I can relate the current scenario of the organisation as high competition
helps and enforces the organisation to make maximum usage of resources which have
unintentionally lead to overexploitation of natural resources, planet and the people (Singh,
2018). Most challenges have derived hindrance for the corporate operation such as peak oil,
climate resources, poverty, climate resources, and the resource depletion, which have become
more difficult. Companies under huge pressure often have to disclose its sustainability reports
that have further lead to unplanned funding in order to channelize which were not previously
planned. These days, sustainability is an issue at the global level. Whereas, in order to
maintain according to environmental regulations, many countries have executed and astricted
certain rules so that companies follow the business environment (Camilleri, 2015).
Six forms of capital utilised by the organisation