Triple Bottom Line TBL Flashcards

1
Q

What is the Triple Bottom Line (TBL)?

A

A sustainability framework that measures a company’s performance in three areas : People, Planet and Profit
Purpose : Balance social, environmental and financial goals for long-term success

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2
Q

TBL Components

A

People : Social impact, employee well being and community development
Planet : Environmental stewardship, resource efficiency and emissions reduction
Profit : Financial performance and economic sustainability

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3
Q

Why is TBL important?

A
  1. Encourages responsible business practices
  2. Aligns company goals with stakeholder expectations
  3. Drives innovation and long-term resilience
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