Shareholders are embracing the triple bottom line, ensuring that companies perform well in social, environmental and economic arenas.
This a major failing, because organizations are only able to perform well on the triple bottom line measures of profitability, sustainability, and social impact when they are designed with this objective in mind.
Thread LLC was founded in 2011, and is focused on the triple bottom line of people, planet, and profit to create opportunity for cleaner, safer, and healthier communities as a direct result of profitable business.
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Better known for his business ventures in heavy industry like oil and gas, Jafar refers to his social projects (which also include the Middle East Theater Company set up with the help of actor Kevin Spacey) as the "triple bottom line" -- profit, people and planet.
At least one analytics firm that specializes in the energy sector says that companies that focus on the so-called triple bottom line economics, environment and social are the ones that consistently do well by all standards.
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In the world of scoring for companies that focus on the so-called triple bottom line, meaning people, planet and profit, B Lab has one of the most rigorous rating systems.
He has made many tough decisions and kept the company profitable while integrated with triple bottom line principles.
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"The basic premise of the program has kind of a triple bottom line impact, " said Executive Director Chris Collins.
How do job seekers and business school graduates view the rising awareness of concepts like triple bottom line, corporate responsibility, and ethical management?
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Shareholders are paying attention, and such policies can make a big difference to the bottom line, single or triple.
And, as a triple-bottom-line company, DCG is also mindful of the environment, from LEED certified buildings to consideration of the carbon footprint in their own operations.
Achieving B Corp status would mean the company has a Good Housekeeping-like seal of approval testifying to its triple-bottom-line bona fides.
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