What does “triple bottom line” mean?
It is a term coined by John Elkington in 1997 (Cannibals with Forks), which refers to the three prongs of financial, social, and environmental accountability. We champion partners, affiliates, companies, nonprofits, and other resource providers who are helping fight the hunger battle with profits, people, and the planet in mind. These are the triple bottom line concerns of for-profit and not-for-profit leaders. These organizations are concerned about not only producing a product or service that is of value to society, but doing it in such a way as to make a profit. They are also concerned about the process and outcomes of people inside the organization, the community and all stakeholders. Finally, they do it in a way that will make the environment better off, replenishing resources instead of depleting them. This is sometimes referred to as the profit, people, and planet model. More…
