What is a Triple Bottom?
A triple bottom line (TBL) reflects an organization’s social, environmental, and economic success. The term “triple bottom” was first coined in 1994 by John Elkington and is sometimes used synonymously with the phrase “People, Planet, Profit”. In the public sector, triple bottom is the main full-cost accounting approach. In the private sector, triple bottom is the yardstick by which a corporation’s social responsibility is measured. At the private sector level, a corporation’s stakeholders, meaning all people within the corporation’s spectrum of influence, are taken into consideration on the triple bottom line. In turn, the corporation’s value to society and the environment adds to its profit — the most important bottom line in technical analysis. This is also reflected in The Dow Jones Sustainable Index, which measures the three criteria of triple bottom, placing the most importance on the economic factor first, followed by environmental. Social (People). The first of the three bottom
