Tag Archives: triple bottom line

Recognizing Sustainability Leadership in Business

Accessing the triple bottom line

The horrendously irresponsible behavior of some corporations generates well-warranted public mistrust, however, tarring all companies with the same brush is a gross injustice to the sustainability leadership shown by many firms. For more than a decade, early adopters have been leading the charge to craft a more ecologically friendly world. Now those who led the way have helped that approach morph into a key …

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Financing Energy Efficiency Projects for Businesses

Energy efficiency and the triple bottom line for small businesses

Energy efficiency and other environmentally friendly initiatives are a no-brainer for forward-thinking small business owners. Sustainable businesses distinguish themselves from the competition while broadening their market appeal, saving money and fostering healthy communities. By prioritizing the triple bottom line of people, profits and planet, sustainable enterprises are “energy efficient” in the truest sense, streamlining processes and optimizing human and financial resources alongside the natural. …

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Best Practices in Sustainability: Employee Engagement and Reporting

Sustainable business best practices: the triple bottom line

It is widely understood that adopting best practices in sustainability can offer a significant competitive advantage. There is ample incentive to get on board. In 2012, sales of sustainable goods and services reached $1 trillion globally and in 2013, it may double to reach $2 trillion. As early as 2017, the sustainable economy could be worth $10 trillion in annual global revenue. Almost three …

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Green: The Color of Money, Trees and (Hopefully) Our Future

Green Island with Business City

Guest post by Lisa Humbert Sure, green might be an overused buzzword in our current economy, but some businesses genuinely operate under the premise of a double bottom line: profit AND doing good things for the earth. According to the EPA, there are over 971 known pollutants that ravage our air, and the majority of them are caused by industry and car exhaust. It’s …

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What Does Sustainability Mean in a Service Industry?

Defining sustainability for the service industry

Discussion of sustainability efforts in the marketplace often revolves around the manufacturing sector. However, goods-producing industries accounted for only about 12 percent of jobs in the United States in 2010, according to the Bureau of Labor Statistics. Service providers, meanwhile, made up about 78 percent of American jobs. Certainly, a fast food franchise, IT consulting firm or nursing home doesn’t have the environmental impact …

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Metrics for the Triple Bottom Line

Many are suggesting that our metrics need to assess the triple bottom line  (TBL). The health of the planet and measures of human happiness are not included in the leading economic indicators. The most commonly used measure of a nations health is gross domestic product (GDP) which refers to the market value of all final goods and services produced within a country in a given period. …

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