Report on Sustainable Procurement: Triple Bottom Line (TBL) Analysis

This report explores the concept of sustainable procurement through the Triple Bottom Line (TBL), which broadens the focus beyond financial gains to include environmental and social responsibilities. It discusses the challenges associated with TBL, such as accurately measuring social impact and aggregating diverse elements. The report analyzes Galliford Try's Nightingale Park project as a case study, examining its environmental, social, and economic impacts. The company's efforts to enhance biodiversity, reduce carbon emissions, engage staff, and support local communities are highlighted. The report also addresses a conflict in the application of TBL, which is the complexity of measurement, particularly for intangible assets like reputation, and emphasizes the need for reliable and objective measurement methods. Desklib provides a platform for students to access this and other solved assignments.

Running head: SUSTAINABLE PROCUREMENT
Sustainable procurement
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Table of Contents
Triple bottom line (TBL)...........................................................................................................2
TBL with regard to particular project........................................................................................2
Challenge or conflict..................................................................................................................3
Reference....................................................................................................................................4

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Triple bottom line (TBL)
Triple bottom line or TBL is the concept that widens the focus on financial bottom
line through businesses for including the environmental and social responsibilities. It
measures the degree of economic value, social responsibility and environmental impact of the
company (Henriques and Richardson 2013). The major challenges and conflicts associated
with TBL is measurement that is exactness in measuring the social impact. Another challenge
associated with TBL is the aggregation that is the method of adding up various elements in
the bottom line. No common unit is there for measuring the environmental and social
reporting.
TBL with regard to particular project
Galliford Try that is taken into consideration for this particular report is the leading
re-generation, house building and construction group. The company operate its business
through Linden Homes, construction and investments and Galliford Try Partnerships.

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(Source: Molsonconstruction.org 2018)
The company recently built Nightingale Park on Coldeast Hospital site which is
considered as product for the purpose of analysis. This development offers the collection of
four, three and two bedroom homes as the part of brand new community (Gallifordtry.co.uk
2018). The company plans for the sustainable future of the business on the basis of TBL of
the sustainability and searching for the perfect balance among environmental, social and
economic aspects that will assist in achieving this.
Environmental aspect - In constructing the project the company considered the enhancement
and protection of biodiversity and natural habitants with regard to all schemes. The company
always restore the natural habitants for supporting the endangered and protected species
where the nature can thrive. With the consideration of nature and ecological surveys it is
focussed on the best environmental plan.

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Social impact - For reducing the impact of on their staffs for travelling to the work place the
company have Green Fleet policy that opt the vehicles with lower carbon emissions. Further
each staff member is provided with special training plan for assuring that can make most out
of their career in Gallifort Try. The staffs are provided with 360 degree approach for staff
engagement and supports. Further the company carries out annual survey on the staffs and the
result is disclosed to all. The company encourages voluntary activity and charity and gives
times to the staffs for volunteering in local community. Further, the company is the associate
member of UKCG and CCS groups that have positive impact on the communities with whom
they work (Nikolaou, Evangelinos and Allan 2013). Moreover, the company promotes the
apprenticeships, liaise and work experience with the colleges and schools along with
delivering the site visits, curriculum assistance and make them environmentally aware.
Economic impact – The application of TBL will also assist the company in enhancing the
profit with minimization of cost. This is achieved through procurement of local materials and
labours wherever possible and improves the local economy.
Challenge or conflict
One conflict related to the application of TBL for the particular project was that the
measurement of the TBL was complex which is considered as the major challenge in the
process of applying the TBL principle. The system used by the company for measurement of
intangible asset like reputation was hazy and it was challenging to link the changes under
these areas for separating the activities in the short-term period (Glac 2015). Apart from this,
the reliability and objectivity that was achieved through measurement was doubtful.
Therefore, more attention shall be paid not only on the method of measuring but also to the
reliability of the values obtained.

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Reference
Gallifordtry.co.uk,. 2018. Home – Galliford Try Plc. [online] Available at:
http://www.gallifordtry.co.uk/ [Accessed 16 Feb. 2018].
Glac, K., 2015. Triple Bottom Line. Wiley Encyclopedia of Management.
Henriques, A. and Richardson, J. eds., 2013. The triple bottom line: Does it all add up.
Routledge.
Molsonconstruction.org. (2018). Triple Bottom Line (3Ps of Sustainiability) - Molson
Construction. [online] Available at: http://www.molsonconstruction.org/home/triple-bottom-
line [Accessed 17 Feb. 2018].
Nikolaou, I.E., Evangelinos, K.I. and Allan, S., 2013. A reverse logistics social responsibility
evaluation framework based on the triple bottom line approach. Journal of Cleaner
Production, 56, pp.173-184.