TRIPLE BOTTOM LINE

CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives (“Triple-Bottom-Line- Approach”) while at the same time addressing the expectations of shareholders and stakeholders.

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The Triple-Bottom-Line Approach most commonly referred as to TBL is a framework that strives to measure sustainability evaluating the performance of profit and non-profit organizations.

Generally, the TBL is measured through an index that is very adaptable to different needs of entities. Additionally, the TBL could be project specific allowing for a broad scope and measuring the impact of the project at large or small boundaries.

The three types of variables could generally be viewed as follows:

Economic Measurements Environmental Measurements Social Measurements
Personal income Sulfur dioxide concentration Unemployment rate
Cost of underemployment Concentration of nitrogen oxide Female labor force participation rate
Establishment churn Selected priority pollutants Median household income
Job growth Excessive nutrients Relative property
Employment distribution by sector Electricity consumption Percentage of pollution with a post-secondary degree of certificate
Percentage of firms in each sector Fossil fuel consumption Average commute time
Revenue by sector contributing to gross state product Solid waste management Violent crimes per capita
Hazardous waste management Health-adjusted life expectancy

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 “A conscious effort to answer this challenge will change the world.” – B.GATES