WHY TBL?

The triple bottom line (TBL) is a concept that revolves around the three Ps:  People, Planet, and Profit.

By maximizing all three bottom lines, organizations are more likely to have a positive impact on the world while improving financial performance.

The triple bottom line concept suggests that business results cannot be measured by financial profits alone. Instead, they must also consider the well-being of people and the planet. This means that organizations that adopt TBL frameworks are accountable to all stakeholders—not just shareholders.
Image

PEOPLE


This includes a company’s social impact on all stakeholders and how it creates value for them now and for future generations.

PLANET


This is a company’s impact on the natural environment and ecological systems with the goal of causing the least harm with the greatest benefit.

PROFIT


Also referred to as “prosperity,” this bottom line focuses on a company’s overall economic impact. Profit or prosperity reflects the economic benefit that society receives from an organization’s business strategy, such as responsible tax payments and job creation.