Sustainability in Organizations

Running head: SUSTAINABLITY IN ORGANIZATIONS
SUSTAINABLITY IN ORGANIZATIONS
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SUSTAINABLITY IN ORGANIZATIONS1
Introduction
Sustenance in organizations assist the same in developing the operations while adhering
to the sustenance and expansion related objectives. The key modifications that are planned by the
organizations are related to the different aspects of change in the organizational contexts. It has
been noted that the triple bottom line approach in the organizations focuses on three parts
relating to social, environmental and economic sustainability in the operations of the venture1.
The initiation of different sustenance related activities assists an organization in improving the
efficiency of the operations in adherence to the sustenance related demand of the same. The
adherence to the triple bottom line approach assists an organization in developing the business
value of the same while operating in different markets.
The sustenance related factors in an organization assists the same in improving the value
of the propositions and the net worth of the concerned organization in the different markets. In
this relation, I believe that the organizations must take steps to finalize an internal and external
audit of the operations in order to empower the activities of the same. I presume that the major
long term objective of an organization is reliant on the aspects of sustenance which would assist
the same in supporting the mass growth and expansion of the activities in the different markets
through creation of value. It has been researched that the culture and the values of an
organization influences the operations of the same while developing the processes based on the
considerations related to sustenance2. The different changes that are undertaken by the
1 Law, Derek G, "From Plimsoll Line To Triple Bottom Line: Adding Value Through Partnership" (2015)
28(1/2) The Bottom Line
2 Bohmholdt, Andrea, "Evaluating The Triple Bottom Line Using Sustainable Return On Investment"
(2014) 24(4) Remediation Journal

SUSTAINABLITY IN ORGANIZATIONS2
organization assist the same in developing the propositions while operating in different markets.
I believe that the culture, the values and the leadership approach affects the potentials of the
organization in improving the processes while developing the potentials of the same relating to
the triple bottom line approach. The triple bottom line approach provides the organization with a
framework for enhancing the rate of operations that are undertaken by the same for increasing
the value of the propositions.
Concept of triple bottom line
From analyzing the concept of Triple bottom line that is widely used in almost all
organizations, I have gathered that this is an accounting framework that has three parts including
social, financial and environmental aspects. From analyzing such concept I have also observed
that some companies have implemented the Triple Bottom Line framework so that it can
facilitate them in analyzing their performance in a wider perspective for generating increased
business value. Triple Bottom Line or TBL framework can therefore be understood as a theory
which recommends that organizations require increasing their focus on environmental as well as
social concerns just the manner in which they focus on attaining profits from businesses3. I have
evaluated such concept of TBL and recognized that TBL framework is employed in the
companies for measuring an organization’s commitment level towards corporate social
responsibility as well as the impact of its business on the environment with time. Through
observing the contribution of TBL concept in finance, I have attained an idea than TBL
framework implementation in the companies is intended to increase their profit margins.
3 Ahi, Payman and Cory Searcy, "Assessing Sustainability In The Supply Chain: A Triple
Bottom Line Approach" (2015) 39(10-11) Applied Mathematical Modelling

SUSTAINABLITY IN ORGANIZATIONS3
Moreover, I attained an understanding regarding the fact that TBL framework improves
attainment of the goal of sustainability within the business practices in which the organizations
look beyond profits in evaluating the environmental and social concerns that measures the
overall cost of conducting business4.
I also have a viewpoint that TBL concept analyses whether an organization focuses on
just finances and whether it interacts socially through its business activities. Focusing on such
aspect I can represent a point of view that as per the TBL theory the company’s focus on
working through abiding by the three bottom line including profit, people and environment. I
assume that profit acts as the most important traditional measure of business profit that can be
indicated in the profit and loss account. This concept also takes into consideration analyzing the
extent to which the businesses are socially responsible al through their business operations and
also evaluates the extent to which the company remains environmentally response. I also believe
that through taking into consideration the explained three interrelated aspects of TBL reporting,
the companies can implementing this as a relevant tool that cab facilitate them in attaining the
sustainability objectives. From analyzing the concept of TBL, I have attained an understanding
that there might be several repercussions of not following TBL structure in increasing profits and
instances of such cases might be rainforest destruction, labor exploitation and ozone layer
damage.
I can also explain triple bottom line as a concept that cab facilitate in supporting the
decision making process of the companies all over the world. Moreover, I have also realized that
4 Alhaddi, Hanan, "Triple Bottom Line And Sustainability: A Literature Review" (2015)
1(2) Business and Management Studies