Previously, oversight of risk and legal functions were kept separate. How do you define sustainability for your corporation? Your business needs a healthy workforce with diverse skills, different perspectives, and the workforce must be content enough to deliver growth. In the Triple Bottom Line approach, economic sustainability is not simply your traditional corporate capital. Savitz, offers the following insight about this aspect of the triple bottom line: "In today's interconnected world, thinking about profits as if they were unrelated to the economic and social impacts of what you do to get them is shortsighted and counterproductive. Related Posts
The Triple Bottom Line: What Is It and How Does It Work?
Write the first response. Permission to use the material is encouraged, but please email us at ibrc iu. Go the extra mile to identify individuals outside your company who may be impacted by your business, and work to develop creative solutions to ensure that this impact is positive. This bottom line is interested in the welfare of these stakeholders. Moving Forward Education. Measuring and reporting your environmental bottom line is certainly possible, though depending on the size of your business, it can be a time-consuming and difficult process.