Triple bottom line reporting wikopedia

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The basic thrust of their case against the serious use of the TBL concept is that it is "inherently misleading -- the term itself promises or implies something it cannot deliver.It consists of three Ps: profit, people and planet.Sustainability is increasingly being integrated into high-level decision-making at corporations, public sector agencies, non-governmental organizations, and other groups.Jump to navigation.Fourth Bottom Line is a concept extended from the Triple bottom line ; instead of simply focusing on the 3 Ps: people, planet and profit, this concept involves extending to a fourth factor which not only has motivation for a business but also transcends to a humanistic value and beyond by factoring in terms such as "spirituality", [1] [2] "ethics", [3] "purpose", [3] "culture", "compassion".Today, we continue to outstrip our planetary boundaries with no sign of slowing down.

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The triple bottom line TBL is a framework or theory that recommends that companies commit to focus on social and environmental concerns just as they do on profits.The triple bottom line or otherwise noted as TBL or 3BL is an accounting framework with three parts: social, environmental or ecological and financial.TBL-CBA uses location-specific data to give asset owners and design professionals the flexibility and capability to provide a rigorous analysis of investment alternatives through all stages of planning and design.

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