Triple Bottom Line
Subject: Economics | Topics:

Triple Bottom Line is an accounting framework that incorporates three dimensions of performance: social, environmental and financial. It focus on the financial bottom line by businesses to include social and environmental responsibilities. It is a particular manifestation of the balanced scorecard. It differs from traditional reporting frameworks as it includes ecological or environmental and social measures that can be difficult to assign appropriate means of measurement. The elements of the triple bottom line are referred to as “people, profits and planet.”

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