Elkington's Triple Bottom Line

Cards (9)

  • What is the Triple Bottom Line?
    A way of assessing business performance based on three important areas: Profit, People and Planet
  • What are the three areas in Elkington's Triple Bottom Line?
    • Profit
    • People
    • Planet
  • What did john Elkington suggest?
    A business' objectives and strategies should be more than just about the bottom line (profits)
  • What does the Elkington's Triple Bottom Line aim to measure?
    The financial, social and environmental performance of a business over time
  • Which in the Triple Bottom Line is the hardest to calculate and compare?
    People
  • What does people measure in Elkington's Triple Bottom Line?
    Extent to which business is socially responsible. Hard to calculate and report reliably and consistently
  • What does Planet measure in Elkington's Triple Bottom Line?
    Impact of business on environment such as emissions and carbon footprint
  • Elkington suggested that businesses should allows aim to be in the middle of the Triple Bottom Line sustainably
  • Elkington's Triple Bottom Line is a way to measure the overall business performance and its strengths