What is Triple Bottom Line Economics?
Triple Bottom Line Economics is a new way to measure corporate value. Traditionally, corporations focus on one type of bottom line that drives their business: financial. Now that consumers are starting to realize that their environment and neighbors are deeply affected by the globalization movement, corporations are beginning to be held accountable for the social and environmental repercussions of their business operations. Triple Bottom Line measures corporations for three different values: economic, environmental and social value. Broadly, the term triple bottom line is used to measure the whole set of values, issues and processes that companies must address to minimize negative impact and create economic, social and environmental sustainability.
