#2 TRIPLE BOTTOM LINE EXPLAINED

Business sustainability can be found at the intersection of economic, environmental and social impacts.

Image source: RPM Retail

PEOPLE:

The social dimension focuses on the impacts organizations have on the communities in which they operate, also known as Corporate Responsibility.  Corporations strive to be transparent about their supply chain dealings, employee engagement, human and labor rights, safety, product responsibility and community outreach.

PLANET:

The environmental dimension focuses on direct impact on ecosystems, land, air, and water based on operational inputs and outputs.

PROFIT:

The economic dimension focuses on financial impact on total Enterprise level, usually expressed in monetary terms such as the efficient use of resources, sales/ profit (ROI), cost savings, job creation and product advantages.

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