Definition
The Triple Bottom Line is a sustainability framework that evaluates a company`s performance based on three Ps: profit, people, and the planet, increasingly important for startups seeking socially responsible investment.
Frequently asked questions
What is the triple bottom line sustainability theory?
The triple bottom line theory assesses a company’s success based on profit, people, and the planet.
What are the 3 P`s of the triple bottom line?
The 3 P`s of the triple bottom line are Profit, People, and Planet, which evaluate a company`s social, environmental, and financial impact.
What is the triple bottom line framework?
The triple bottom line framework looks at a company`s success based on three factors: profit, people, and the planet, focusing on sustainability and social responsibility.
Conclusion
The triple bottom line measures performance by balancing profit, social responsibility, and environmental impact.