A keynote: triple bottom line investing
Author: Rubinstein, Robert
Source: International Journal of Business Performance Management, Volume 5, Numbers 2-3, 7 August 2003 , pp. 109-113(5)
Publisher: Inderscience Publishers
Abstract:Triple Bottom Line Investing (TBL) and Corporate Sustainability (CS) have become the buzzwords of discussion amongst the business community. The phase we are in today is still exploratory, research‐based with community acceptance of reputation and perhaps financial risk. A shift in corporate business activities towards full sustainability is not yet occurring but it will. Practising TBL is the most significant progression to impact upon contemporary business. What are the concepts of TBL or CS? There are countless definitions, but three popular ones, which meet both societal and business requirements, are: people plus planet plus profit (Social Equity) (Environmental Quality) (Economic Prosperity). CS adds both social and/or environmental value to external stakeholders, whilst increasing value to shareholders, and CS or TBL relates to the following question: While maintaining profitability, do your products or services worsen social and environmental balance, maintain social and environmental balance, or improve social and environmental balance?
Document Type: Research Article
Affiliations: Brooklyn Bridge - Connections to the Future, Watteaustraat 36-I, 1077 ZM Amsterdam, The Netherlands
Publication date: 7 August 2003
- The objectives of the International Journal of Business Performance Management are to develop, promote and coordinate the practice of business performance management. It aims to provide an interactive and global discussion forum for academics, professionals and practitioners working and interested in research and practice of performance measurement and management. The international dimension is emphasised in order to overcome cultural and national barriers and to meet the needs of accelerating technological change and changes in the global economy.
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