Triple Bottom Line As A Method To Increase Business Value And Foster Positive Social And Environmental Change
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| Author | : Jayleene West |
| Publisher | : |
| Total Pages | : |
| Release | : 2018 |
| Genre | : |
| ISBN | : |
The Triple Bottom Line (TBL) business model has transformed the business world by changing the way businesses operate. By focusing on the people and the environment, businesses have grown to see substantial profit and avoid risks along the way. Companies are using the TBL to build their brand and customer loyalty by enhancing the environment and society. This paper analyzes four companies that are leaders in their industry and are founded on the TBL; Seventh Generation, New Belgium Brewing, Patagonia, and Ben & Jerry's. Recommendations have been made by performing a literature review on the advantages and disadvantages of the TBL, and by studying the companies in a case study fashion. Both Seventh Generation and Patagonia are lacking strong social missions, while New Belgium Brewing and Ben & Jerry's both have strong environmental and social missions. Additionally, Patagonia must benchmark their emissions in order to successfully reduce their impact on the environment. All companies were able to increase investor attraction by reducing risk, create a sustainable product, provide fair working conditions, and provide their employees with a volunteer program. Altogether, the outcomes of each business have had a beneficial impact on the environment and society, while boosting sales and brand recognition.
| Author | : Andrew Savitz |
| Publisher | : John Wiley & Sons |
| Total Pages | : 358 |
| Release | : 2013-11-04 |
| Genre | : Business & Economics |
| ISBN | : 1118226224 |
The classic guide to sustainability strategy and implementation—updated for today's businesses To ensure business success, companies must embrace sustainable management. Firms need to find the overlap between business interests and the interests of society and the environment before they can secure a lasting competitive edge. By making the case for sustainability as a fundamental business practice, The Triple Bottom Line became an instant classic when first published in 2006, showing a generation of business leaders how to find their sustainability sweet spot—where profitability merges seamlessly with the common good. Now updated with ground-breaking stories of successes and failure, this revision of The Triple Bottom Line is a critical resource for all managers and leaders. Features in-depth success stories of sustainability practices at major firms such as Wal-Mart, GE, DuPont, American Electric Power, and PepsiCo—and shows why companies such as BP and Hershey continue to fail Draws on Andy Savitz's 25 years of pioneering consulting and research in the field Includes all-new reporting and analysis on the practice of sustainability and the triple bottom line in business today, providing new insights on where sustainability is headed The Triple Bottom Line is essential reading for any firm to meet the challenge of creating lasting value for both shareholders and society.
| Author | : Fouad Sabry |
| Publisher | : One Billion Knowledgeable |
| Total Pages | : 278 |
| Release | : 2024-02-05 |
| Genre | : Business & Economics |
| ISBN | : |
What is Triple Bottom Line The social, environmental, and economic aspects of an organization are the three components that make up the triple bottom line accounting system. There are certain firms that have chosen to implement the TBL framework in order to evaluate their performance from a more comprehensive standpoint in order to generate more business value. In 1994, John Elkington, a business writer, asserts that he was the one who first used the phrase. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Triple bottom line Chapter 2: Environmental full-cost accounting Chapter 3: Corporate social responsibility Chapter 4: Eco-efficiency Chapter 5: Double bottom line Chapter 6: Sustainable business Chapter 7: Sustainable procurement Chapter 8: Corporate sustainability Chapter 9: John Elkington (business author) Chapter 10: Sustainability metrics and indices Chapter 11: Sustainability accounting Chapter 12: Return on investment Chapter 13: Environmental, social, and corporate governance Chapter 14: Earth Economics Chapter 15: Environmental profit and loss account Chapter 16: Sustainable market orientation Chapter 17: Social accounting Chapter 18: Fourth Bottom Line Chapter 19: Ecopreneurship Chapter 20: Triple bottom line cost-benefit analysis Chapter 21: Context-Based Sustainability (II) Answering the public top questions about triple bottom line. (III) Real world examples for the usage of triple bottom line in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Triple Bottom Line.
| Author | : Adrian Henriques |
| Publisher | : Earthscan |
| Total Pages | : 207 |
| Release | : 2013 |
| Genre | : Business & Economics |
| ISBN | : 1849773343 |
The concept of the 'triple bottom line' (TBL) - the idea that business activity can simultaneously deliver financial, social and environmental benefits - was introduced in the early 1990s. A decade on, The Triple Bottom Line: Does it All Add Up? brings together the world's leading experts on corporate responsibility to assess the implications, benefits and limitations of the TBL. This collection provides a review of what has already been achieved in stimulating change in corporate culture and bringing businesses to an appreciation of the importance and benefits of corporate social responsibility (CSR) and good environmental performance. It further explores the conceptual and practical limits of the metaphor of the TBL and sets out what can be achieved through regulation and legislation, presenting detailed professional procedures for environmental accounting and management and social auditing. The contributors' wealth of experience and insight provides a vivid picture of how much attention is now being focused by businesses on delivering more than just financial targets, and they clearly outline the necessary steps for successfully continuing along this trajectory.
| Author | : Lydia Bals |
| Publisher | : Routledge |
| Total Pages | : 443 |
| Release | : 2017-09-08 |
| Genre | : Business & Economics |
| ISBN | : 1351285106 |
The global sustainability challenge is urgent, tremendous and increasing. From an ecological perspective, the current worldwide resource footprint requires approximately 1.5 planets to sustain existing life, and with current usage would require two planets by 2030. The social impact of ever-growing resource use disproportionately affects the world’s poor – the 3 billion people living on less than $2.50 a day, as they struggle to acquire what is needed to survive. The serious ecological and social challenges we face in trying to establish global sustainable supply chains must not be underestimated, yet so far research has largely ignored the social dimension in favour of the environmental and economic. So how can we develop business strategies that move away from a primary economic focus and give equal weight to people, planet and profit? How can we create sustainable supply chains that take a true triple-bottom-line approach?Implementing Triple Bottom Line Sustainability into Global Supply Chains features innovative research, highlighting new cases, approaches and concepts in how to successfully implement sustainability – covering economic, ecological and social dimensions – into global supply chains. The four parts cover the rationale for sustainable global supply chains, key enablers, case studies showing clear implementation steps, and directions for future research and development.This book is a must-read for any academic researching in sustainable supply chain management, procurement or business strategy, and for business leaders seeking cases that will inform a critical step forward for CSR programmes.
| Author | : Suhas Apte |
| Publisher | : University of Toronto Press |
| Total Pages | : 264 |
| Release | : 2017-01-06 |
| Genre | : Business & Economics |
| ISBN | : 1442624361 |
Business leaders need to embrace sustainability in order to ensure the lasting success of their organizations. Co-authors Suhas Apte and Jagdish Sheth bring their expertise from practice and from academia to illustrate how business leaders can embed sustainability in a truly holistic and transformative way. Through an examination of such companies as Walmart, AT&T, IKEA and the Tata Group, Apte and Sheth have developed a proven and actionable framework rooted in the real world success of these companies. The case studies reveal how business leaders proactively engage, energize and promote market sustainability to all of their stakeholders including customers, employees, suppliers, investors and the government. The Sustainability Edge enables companies to critically engage their stakeholders and influence them to accept sustainability as part of their core mission.
| Author | : Andrew Savitz |
| Publisher | : John Wiley & Sons |
| Total Pages | : 320 |
| Release | : 2012-06-29 |
| Genre | : Business & Economics |
| ISBN | : 0470534664 |
The Triple Bottom Line is the groundbreaking book that charts the rise of sustainability within the business world and shows how and why financial success increasingly goes hand in hand with social and environmental achievement. Andrew Savitz chronicles both the real problems that companies face and the innovative solutions that can come from sustainability. His is a hard-line approach to bottom-line fundamentals that is re-making companies around the globe.
| Author | : Marc J. Epstein |
| Publisher | : Routledge |
| Total Pages | : 346 |
| Release | : 2017-09-08 |
| Genre | : Business & Economics |
| ISBN | : 1351276425 |
The ultimate "how-to-do-it" guide for corporate leaders, strategists, academics, sustainability consultants, and anyone else with an interest in actually making sustainability work for organizations. An updated edition of a landmark book at a time when a growing number of corporate leaders are asking for urgent help in "getting this done".
| Author | : Bob Willard |
| Publisher | : New Society Publishers |
| Total Pages | : 225 |
| Release | : 2012-04-01 |
| Genre | : Business & Economics |
| ISBN | : 1550925075 |
The New Sustainability Advantage shows how the benefits of the "triple bottom line" can increase a typical company's profit by at least 51 to 81% within five years, depending on the company's size and industry sector, while avoiding risks that could jeopardize its financial wellbeing. Fully revised and updated, this 10th anniversary edition clearly demonstrates that, by focusing on seven powerful yet easy-to-grasp sustainability strategies, businesses can: Increase revenue Improve productivity Reduce expenses Decrease risks. Expressed in clear business language and presented in an appealing, graphically rich format, this practical guide and the accompanying online Sustainability Advantage Simulator Dashboard enables executives to enter their own data and quickly identify high-leverage benefit areas for their organization. More detailed downloadable Sustainability Advantage Simulator Worksheets help them drill down into specific areas of interest and fine-tune the assumptions to their specific situation. An indispensable tool for both sustainability champions and senior management, The New Sustainability Advantage proves that the quantified business case for sustainability is more compelling than ever before.
| Author | : S. Singh |
| Publisher | : PHI Learning Pvt. Ltd. |
| Total Pages | : 304 |
| Release | : 2007-08-01 |
| Genre | : Corporation reports |
| ISBN | : 9788120329966 |
