Business Society and Planet: Sustainability, the Triple Bottom Line & Business

Business Society and Planet 0
Business Society and Planet
Sustainability, the Triple Bottom Line & business

Business Society and Planet 1
Contents
Introduction.................................................................................................................................................2
Concepts and Approaches of Sustainability, the Triple Bottom Line & Business.......................................2
Issues related to Sustainability, the Triple Bottom Line & business............................................................3
Challenges related to Sustainability, the Triple Bottom Line & business....................................................4
Recommendations.......................................................................................................................................4
Conclusion...................................................................................................................................................5
References...................................................................................................................................................6

Business Society and Planet 2
Introduction
The Triple Bottom Line is amongst the major systems which are being used by the businesses to
evaluate their profits they are making with the help of their corporate sustainability solutions.
The methodology of Triple Bottom Line helps us to see outside the traditional bottom line of
business so that the profits can be made in such a way that it helps the society to grow socially
and economically and its acts do not harm the environment as well. So, in this article, self-
reflection shall be done on the various aspects of Sustainability, the Triple Bottom Line &
business.
Concepts and Approaches of Sustainability, the Triple Bottom Line & Business
According to me, the three components of Triple Bottom Line are people and community i.e.
social accountability, planet i.e. the sustainability of the environment and profit i.e. bottom line.
Sustainability means the process of maintaining change in a balanced manner in which the
resources are exploited and the technological developments occur in a harmonized way with a