Impact of Triple Bottom Line and Sustainable Development in Organizations

Running head: SUSTAINABLE DEVELOPMENT
Sustainable development
Name of the student
Name of the university
Author note

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Table of contents
Introduction......................................................................................................................................2
Concept of triple bottom line and sustainable development............................................................2
Concept of sustainable construction:...............................................................................................3
Sustainability report.........................................................................................................................5
Introduction of the company............................................................................................................5
Strategies and analysis.....................................................................................................................6
Organizational profile......................................................................................................................7
Reporting parameters.......................................................................................................................8
Governance, commitments and engagements..................................................................................9
Management approach...................................................................................................................11
Challenges and issues in sustainability reporting:.........................................................................13
Conclusion.....................................................................................................................................15
Reference list and bibliography.....................................................................................................16

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Introduction
The aim of this report is to discuss the impact of triple bottom line in the sustainable
development of the organizations in this globe context. In the words of Ahi and Searcy (2015),
sustainability has become one of the most important factors in the global business scenario. The
dependability on the external situations have become so essential that the global as well as
national organizational are facing problems to cope up with the fluctuating nature of the
economic, human and environmental conditions. Therefore they are changing the internal
framework as well as the policies to match the changing demand of the business. This paper will
be discussing general concepts of triple bottom lines (TBL) and sustainable development (SD), a
sustainability report for a multinational construction company named Marcopolo. This report
will also discuss the challenges in the sustainability reporting based on the General challenges
for using TBL, challenges in Sustainable construction and challenges in GRI reporting.
Concept of triple bottom line and sustainable development
Since the last decades, the concept of sustainability has been one of the most essential
goals of the business organizations. Despite the fact that in any type of industry, sustainability
was essential since time immemorial but after globalization, this urge of developing sustainable
business has been enhanced. This is due to the fact that the competition among the firms have
gained pace in this period making the situation more problematic to survive. In this aspect the
theory of triple bottom line have come into force. As sustainability has become the often
mentioned goals in the business, governments and nonprofit organizations, the utility of another
framework apart from the traditional one was needed. This triple bottom line theory went beyond
the measures of return on investment, profits and the shareholders value for including the social

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and environmental dimensions. The triple bottom line is a framework which incorporates the
three dimensional performances linking social, economic and environmental.
This is therefore different from the traditional reporting from works because this includes
the environmental and social factors which are difficult to assign proper means of measuring.
The triple bottom line dimension also called three Ps defining profit, planet and people. In order
to be sustainable the business have realized that their focus must be on the three aspects of triple
bottom line. In addition to the prophets the brands need to ensure that their decisions or actions
can impact the society in a positive manner (Hussain, Rigoni and Orij 2018). This is the reason
why the corporate social responsibility initiatives are becoming so popular among the companies
in these days. The brands need to you properly give back to the society so that the consumers can
become environmentally ever then before. This means they incline towards the companies which
have committed to support the Green Revolution and following right measure to support these
three factors of sustainability. This trend of following the aspects of triple bottom line has been
growing as the technological advancement is making the business world more transparent day by
day.
Concept of sustainable construction:
In most of the companies the concept of sustainability embraces reservation of the
environment and Critical development connected issues like the efficient use of resources, stable
financial growth, continuous social progress and eliminating poverty. Buildings and construction
environment has the capacity to make contribution for the sustainable future in the planet in the
developed countries the construction industry account for nearly 40% of energy consumption
over to lifetime which include the raw material production, operation, construction, maintenance
and decommissioning (Hussain, Rigoni and Orij 2018). More than half of the world’s population

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now resides in the urban environment and it is important to note that the sustainable buildings
now I have become an important cornerstones to secure the long term social, environmental and
economic viability is the Urban population in the world is swelling by 1.5 million people every
week therefore there is an urgent requirement to implement effective ideas which will optimize
the sustainable performance of the buildings where the people can live and work (Alhaddi 2015).
Sustainable construction for the green construction at the sustainable building refer to the
structure for the construction process as well as the Occupancy processes which are ecological
irresponsible along with resource efficiency throughout the buildings lifecycle starting from my
location to the design, operation, construction, maintenance, renovation and demolition.
Sustainable construction develops the process which meets the requirement of the present time
without compromising the capacities of the future generations for meeting their own needs.
Sustainable construction in houses living, leisure and working environment for the communities
as well as the individuals (Hussain, Rigoni and Orij 2018). This type of construction consumes
minimum energy for the life cycle and generate minimum waste over the life cycle. It integrates
with the natural environment and uses renewable resources every possible way.
Sustainable architecture aims to minimizing the negative impact of buildings on the
environment through efficiency as well as moderation in the use of energy, materials and
development space allowed the ecosystem at large. This particular process uses conscious
approach for the ecological conservation and energy in the designing the built environment.
Different passive architectural strategies are developed over time which include the arrangement
of the rooms in the size as well as orientation of the windows in the building orientation of the
facets as well as streets and the ratio between the building Heights and Street width for the urban
planning. Along with these, cost effective and important elements of the sustainable construction

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include heating, ventilating and air conditioning (Ahi and Searcy 2015). The passive solar
building design also allow the buildings to reduce energy consumption without the usage of
active solar mechanism. However, solar water heating, heat pumps are of great use. Along with
these, usage of sustainable building materials like recycled materials, lower volatile organic
compound and material sustainability standards. The sustainable building materials and
incorporates the use of reclaimed lumber and recycled copper. This reduction in the use of new
materials can create corresponding Reduction for the embodied energy which is used in the
production of the materials.
The sustainable construction also include building placement and waste management.
Wastage the form of useless materials which are generated from the houses as well as businesses.
This waste can be e included in the construction or demolition processes, and manufacturing
industry also. Sustainable architecture focuses on the use of waste management and incorporates
the things like grey water systems for the usage on the garden bits as well as composting toilets
for reducing sewage. Sustainable architecture also follows the method of building placement
(Alhaddi 2015). Despite the fact that the ideal environmental home and office structure are often
envisioned as the isolated place. This kind of placement are detrimental to the environment.
These places often increase the energy consumption rate and increase risks of sustainability.
Therefore by using ecofriendly materials for building construction, solar and other non-
traditional energy and waste management, the construction industry can support sustainability in
the earth.