Economic Sustainability – The Triple Bottom Line
Profit should be not be the only way to measure economic performance. And equally, financial gains should not come at the cost of an unjust society and an obliterated environment.
Many sustainable businesses apply the Triple Bottom-Line Accounting Model – an accounting framework that evaluates social and environmental performance as well as financial successes – in order to manage their true validity and marketplace resilience.
In this course we are going to uncover what is required to improve a business in a sustainable way and the factors we should use to measure the success of a business using the Triple Bottom Line accounting model.
- The triple bottom line explained
- How to assess a business’s economic performance
- Ways to improve environmental and social performance
- The financial benefits of adopting the triple bottom line