Triple Bottom Line Accounting, by MindEdge

In order to pursue the goal of sustainability, corporate and government leaders must manage companies and economies in terms of balancing and optimizing the triple bottom line of social, environmental, and economic impacts. The Triple Bottom Line concept, also known as the “3Ps” (“People, Planet, and Profit”), is both a metaphor for thinking about sustainability as well as the basis for a practical framework for accounting and reporting on organizations’ activities and impacts. The TBL concept borrows the well-known and widely accepted idea of financial accounting and its “bottom line” and expands it.

Click here to see more content on Nonprofit.Courses from MindEdge.

See the entire MindEdge catalog, brought to you by Nonprofit.Courses

All MindEdge courses, bundles and certificates on Nonprofit.Courses are affiliate courses. That means when you buy any of them, Nonprofit.Courses earns a commission, at no extra cost to you. It’s a win/win. You get great content, and we keep the lights on!

0 0 votes
Give it a rating!
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments