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Triple Bottom Line
The triple bottom line (or otherwise noted as TBL or 3BL) is an accounting framework with three parts: social, environmental (or ecological) and economic. Some organizations have adopted the TBL framework to evaluate their performance in a broader perspective to create greater business value.Slaper, Timothy F. and Hall, Tanya J. (2011)"The Triple Bottom Line: What Is It and How Does It Work?"''Indiana Business Review''. Spring 2011, Volume 86, No. 1. Business writer John Elkington (business author), John Elkington claims to have coined the phrase in 1994. Background In traditional business accounting and common usage, the "bottom line" refers to either the "profit" or "loss", which is usually recorded at the very bottom line on a statement of revenue and expenses. Over the last 50 years, environmentalists and social justice advocates have struggled to bring a broader definition of bottom line into public consciousness by introducing full cost accounting. For example, if a corporati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Triple Bottom Line Graphic
Triple is used in several contexts to mean "threefold" or a "Treble (other), treble": Sports * Triple (baseball), a three-base hit * A basketball three-point field goal * A figure skating jump with three rotations * In bowling terms, three strikes in a row * In cycling, a crankset with three chainrings Places * Triple Islands, an uninhabited island group in Nunavut, Canada * Triple Island, British Columbia, Canada * Triple Falls (other), four waterfalls in the United States & Canada * Triple Glaciers, in Grand Teton National Park, Wyoming * Triple Crossing, Richmond, Virginia, believed to be the only place in North America where three Class I railroads cross * Triple Bridge, a stone arch bridge in Ljubljana, Slovenia Transportation * Kawasaki triple, a Japanese motorcycle produced between 1969 and 1980 * Triumph Triple, a motorcycle engine from Triumph Motorcycles Ltd * A straight-three engine * A semi-truck with three trailers Science and technology * Triple ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecological Footprint
The ecological footprint measures human demand on natural capital, i.e. the quantity of nature it takes to support people and their economies. It tracks human demand on nature through an ecological accounting system. The accounts contrast the biologically productive area people use to satisfy their consumption to the biologically productive area available within a region, nation, or the world (biocapacity). Biocapacity is the productive area that can regenerate what people demand from nature. Therefore, the metric is a measure of human impact on the environment. As Ecological Footprint accounts measure to what extent human activities operate within the means of our planet, they are a central metric for sustainability. The metric is promoted by the Global Footprint Network which has developed standards to make results comparable. FoDaFo, supported by Global Footprint Network and York University are now providing the national assessments of Footprints and biocapacity. Footprint and b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanisław Jerzy Lec
Stanisław Jerzy Lec (; 6 March 1909 – 7 May 1966), born Baron Stanisław Jerzy de Tusch-Letz, was a Polish aphorist and poet. Often mentioned among the greatest writers of post-war Poland, he was one of the most influential aphorists of the 20th century, known for lyric poetry and skeptical philosophical-moral aphorisms, often with a political subtext. Biography Son of the Baron Benon de Tusch-Letz and Adela Safrin, he was born on 6 March 1909 in Lemberg, Austro-Hungarian Empire (now Lviv) to a Jewish nobilitated family.Stanisław Jerzy Lec" (in English) on the Wirtualny Sztetl porta(read online). The family moved to Vienna at the onset of First World War, and Lec received his early education there. After the war the family returned to Lwów in the Second Polish Republic. Lec attended the Lemberg Evangelical School. In 1927 he matriculated and began studies at Lwów's Jan Kazimierz University in Polish language and law. He graduated in 1933. His literary debut was in 192 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Enterprise
A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners. Social enterprises have business, Natural environment, environmental and social goals. As a result, their social goals are embedded in their objective, which differentiates them from other Organization, organisations and Company, companies. A social enterprise's main purpose is to promote, encourage, and make social change.J., Lane, Marc (2011). ''Social enterprise : empowering mission-driven entrepreneurs'' (1st ed.). Chicago, Ill.: American Bar Association. . OCLC 886114442. Social enterprises are businesses created to further a social purpose in a financially sustainable way. Social enterprises can provide income generation opportunities that meet the basic needs of people who live in poverty. They are sustainable, and earned income from sales is reinvested ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brundtland Commission
The Brundtland Commission, formerly the World Commission on Environment and Development, was a sub-organization of the United Nations (UN) that aimed to unite countries in pursuit of sustainable development. It was founded in 1983 when Javier Pérez de Cuéllar, the Secretary-General of the United Nations, appointed Gro Harlem Brundtland, former Prime Minister of Norway, as chairperson of the commission. Brundtland was chosen due to her strong background in the sciences and public health. The Brundtland Commission officially dissolved in 1987 after releasing ''Our Common Future'', also known as the ''Brundtland Report''. The document popularized the term "sustainable development" and won the Grawemeyer Award in 1991. In 1988, the Center for Our Common Future replaced the commission. History Before Brundtland Ten years after the 1972 United Nations Conference on the Human Environment, a number of global environmental challenges had not been adequately addressed. During the 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainable Development
Sustainable development is an approach to growth and Human development (economics), human development that aims to meet the needs of the present without compromising the ability of future generations to meet their own needs.United Nations General Assembly (1987)''Report of the World Commission on Environment and Development: Our Common Future''. Transmitted to the General Assembly as an Annex to document A/42/427 – Development and International Co-operation: Environment. The aim is to have a society where living conditions and resources meet human needs without undermining planetary integrity. Sustainable development aims to balance the needs of the Economic development, economy, Environmental protection, environment, and society. The Brundtland Report in 1987 helped to make the concept of sustainable development better known. Sustainable development overlaps with the idea of sustainability which is a Normativity, normative concept. Text was copied from this source, which is av ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainability
Sustainability is a social goal for people to co-exist on Earth over a long period of time. Definitions of this term are disputed and have varied with literature, context, and time. Sustainability usually has three dimensions (or pillars): environmental, economic, and social. Many definitions emphasize the environmental dimension. This can include addressing key environmental problems, including climate change and biodiversity loss. The idea of sustainability can guide decisions at the global, national, organizational, and individual levels. A related concept is that of sustainable development, and the terms are often used to mean the same thing. UNESCO distinguishes the two like this: "''Sustainability'' is often thought of as a long-term goal (i.e. a more sustainable world), while ''sustainable development'' refers to the many processes and pathways to achieve it." Details around the economic dimension of sustainability are controversial. Scholars have discussed this under ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainable Development
Sustainable development is an approach to growth and Human development (economics), human development that aims to meet the needs of the present without compromising the ability of future generations to meet their own needs.United Nations General Assembly (1987)''Report of the World Commission on Environment and Development: Our Common Future''. Transmitted to the General Assembly as an Annex to document A/42/427 – Development and International Co-operation: Environment. The aim is to have a society where living conditions and resources meet human needs without undermining planetary integrity. Sustainable development aims to balance the needs of the Economic development, economy, Environmental protection, environment, and society. The Brundtland Report in 1987 helped to make the concept of sustainable development better known. Sustainable development overlaps with the idea of sustainability which is a Normativity, normative concept. Text was copied from this source, which is av ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intergenerational Equity
Intergenerational equity in economic, psychological, and sociological contexts, is the idea of Social justice, fairness or justice between generations. The concept can be applied to fairness in dynamics between children, youth, adults, and Old age, seniors. It can also be applied to equity (law), fairness between generations currently living and future generations. Conversations about intergenerational equity may include basic human needs, economic needs, environmental needs and subjective human well-being. It is often discussed in public economics, especially with regard to transition economics, social policy, and Government budget, government budget-making. Many cite the growing U.S. national debt as an example of intergenerational inequity, as future generations will shoulder the consequences. Intergenerational equity is also explored in Environmentalism, environmental concerns, including sustainable development, and climate change. The continued depletion of natural resource ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Impact On The Environment
Human impact on the environment (or anthropogenic environmental impact) refers to changes to biophysical environments and to ecosystems, biodiversity, and natural resources caused directly or indirectly by humans. Modifying the environment to fit the needs of society (as in the built environment) is causing severe effects including global warming, environmental degradation (such as ocean acidification), mass extinction and biodiversity loss, ecological crisis, and ecological collapse. Some human activities that cause damage (either directly or indirectly) to the environment on a global scale include population growth, neoliberal economic policies and rapid economic growth, overconsumption, overexploitation, pollution, and deforestation. Some of the problems, including global warming and biodiversity loss, have been proposed as representing catastrophic risks to the survival of the human species. The term ''anthropogenic'' designates an effect or object resulting from h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Social Responsibility
Corporate social responsibility (CSR) or corporate social impact is a form of international private business industry self-regulation, self-regulation which aims to contribute to societal goals of a philanthropy, philanthropic, activist, or charitable nature by engaging in, with, or supporting Professional services, professional service volunteering through pro bono programs, community development, administering Grant (money), monetary grants to Nonprofit organization, non-profit organizations for the Common good, public benefit, or to conduct Ethics, ethically oriented business and investment practices. While CSR could have previously been described as an internal organizational policy or a business ethics, corporate ethic strategy, similar to what is now known today as environmental, social, and governance (ESG), that time has passed as various companies have pledged to go beyond that or have been mandated or incentivized by governments to have a better impact on the surrounding ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Sector
The private sector is the part of the economy which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government. Employment The private sector employs most of the workforce in some countries. In private sector, activities are guided by the motive to earn money, i.e. operate by capitalist standards. A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector. Diversification In free enterprise countries, such as the United States, the private sector is wider, and the state places fewer constraints on firms. In countries with more government authority, such as China, the public sector makes up most of the economy. Regulation States legally regulate the private sector. Businesses operating within a country must comply with the laws in that country. In some cases, usually involving multinati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
