The triple bottom line abbreviated as "TBL" or "3BL", and also known as "people, planet, profit". Triple bottom line accounting means expanding the traditional reporting framework to take into account ecological and social performance in addition to financial performance. A commitment to corporate social responsibility implies a commitment to some form of TBL reporting.
“People” Component means fair and beneficial business practices toward labour ,community and region in which the organization conducts its business.
“Planet” this component implies that the organization is reducing its ecological footprint by carefully managing its consumption of energy, reducing manufacturing waste and emitting less toxic waste.
“People” Component means fair and beneficial business practices toward labour ,community and region in which the organization conducts its business.
“Planet” this component implies that the organization is reducing its ecological footprint by carefully managing its consumption of energy, reducing manufacturing waste and emitting less toxic waste.
“Profit" As we know and understand is the economic value created by the organization after deducting the cost of all inputs from its revenue
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