triple bottom line

(noun)

A means of measuring a company's success based on its economic returns, its effect on its environment, and its impact on the community.

Related Terms

Examples of triple bottom line in the following topics:

  • Types of Social Responsibility: Sustainability

    • The three pillars—also known as the "triple bottom line"—have served as a common ground for numerous sustainability standards and certification systems in recent years, though a universally accepted definition of sustainability remains elusive.

  • Arguments for and against Corporate Social Responsibility

    • Most arguments both for and against CSR are based on how a company's attempts to be socially responsible affect its bottom line.
    • CSR proponents may also argue for the recognition of a "triple bottom line" performance that includes not only financial returns for owners but also social and environmental benefits for the greater society.

  • Ethics: the authentic rim on the wheel

    • Adopt a triple bottom line philosophy.
    • "Triple bottom line" means your company cares equally not only about making a profit but also about taking care of the people associated with your company and conducting business in a way that is good for sustaining a healthy environment for the planet.
    • So to summarize, the triple bottom line philosophy means you care equally about people, planet and profits.
    • Blog back: Write a draft of your new venture's code of ethics and a description of your moral compasses' stances including what sustainable practices your venture will adopt to go green and have a triple bottom line focus.

  • Social Responsibility Audits

    • This type of accounting originated in the early 1990s and is known by various names, including social accounting, sustainability accounting, CSR reporting, environmental and social governance (ESG) reporting, and triple-bottom-line accounting (encompassing social and environmental as well as financial reporting).

  • Ethical Issues at an Individual Level

    • An employee who makes a mistake on the assembly line, and accidentally produces a batch of defective goods, could react in a number of ways.
    • Balancing ethics with proper business practices at the individual and organizational level can result in a triple bottom line: economic, social, and environmental value.

  • Protonotation

    • Following are blank protonotation grids for duple, triple, and quadruple meters.
    • In duple and triple meter, downbeats are represented by longer vertical lines, and weak beats are represented by shorter vertical lines.
    • Rests are represented by the lack of horizonal line in a given beat or part of a beat.
    • If no bottom number is provided, choose a convenient one (4 for simple meters and 8 for compound meters are the most typical).
    • Next, each of the long protonotation lines become barlines in staff notation.

  • Meter

    • Standard meters in Western music can be classified into simple meters and compound meters, as well as duple, triple, and quadruple meters.
    • Duple, triple, and quadruple classifications result from the relationship between the counting pulse and the pulses that are slower than the counting pulse.
    • If counting-pulse beats group into twos, we have duple meter; groups of three, triple meter; groups of four, quadruple meter.
    • In simple meters, the bottom number of the time signature corresponds to the type of note corresponding to a single beat.
    • If a simple meter is notated such that each half note corresponds to a beat, the bottom number of the time signature is 2.

  • Inconsistent and Dependent Systems in Three Variables

    • A solution of a system of equations in three variables is an ordered triple $(x, y, z)$, and describes a point where three planes intersect in space.
    • Solving the system by elimination results in a single ordered triple $(x, y, z)$.
    • Graphically, the ordered triple defines a point that is the intersection of three planes in space.
    • We can solve this by multiplying the top equation by 2, and adding it to the bottom equation:
    • An example of three different equations that intersect on a line.

  • Double and Triple Covalent Bonds

    • Double and triple covalent bonds occur when four or six electrons are shared between two atoms, and they are indicated in Lewis structures by drawing two or three lines connecting one atom to another.
    • A triple bond involves the sharing of six electrons, with a sigma bond and two $\pi$ bonds.
    • The simplest triple-bonded organic compound is acetylene, C2H2.
    • Similar to double bonds, no rotation around the triple bond axis is possible.
    • Describe the types of orbital overlap that occur in single, double, and triple bonds

  • Volumes

    • One-dimensional figures (such as lines) and two-dimensional shapes (such as squares) are assigned zero volume in three-dimensional space.
    • A volume integral is a triple integral of the constant function $1$, which gives the volume of the region $D$.
    • Using the triple integral given above, the volume is equal to:
    • Triple integral of a constant function $1$ over the shaded region gives the volume.
    • Calculate the volume of a shape by using the triple integral of the constant function 1