Triple bottom line
The Triple Bottom Line is the transposition of the concept of Sustainable development in company, (Social responsibility of the companies) by the performance evaluation of the company under three angles:
- social : social consequences of the line of business for the whole of its recipients (or stakeholders in English)), ( People )
- environnemental' : compatibility enters the line of business and the maintenance of the ecosystem S ( Planet )
- economic ( Profit ).
Triple Bottom Line thus corresponds to triple P - People, Planet, Profit; or Triple Result. The term is an allusion to Bottom Line (or last line of the assessment), i.e. with the Bottom line.
The expression was created by John Elkington, cofounder of the first consultancy in durable development strategy British SustainAbility in 1994. it then was the subject of a book of the same author in 1998.
Bibliography and bonds
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John Elkington: " Cannibals with Forks: the Triple Bottom Line off 21st Century Business" New Society Publishers. 1998.
- Andrew Savitz: " The Triples Bottom Line: How Today' S Best-Run Companies are Achieving Economic, Social and Environmental Success and How You Edge Too" Jossey-Bass. 2006.
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