The triple bottom line (TBL)is important because it affects everyone.

It does not just focus

on business and corporate leaders, but also on social communities and the business's
impact on the planet. Identify and discuss why TBL is important.

Triple bottom line (TBL) is a technique to ensure an organization’s CSR commitment. It is an

accounting framework that has factors similarly to financial—social and environmental. In
easy terms, it is a manner to make sure that an organization adheres to staying dedicated to
sustainability aside from simply reaping profits.

With the sustainability movement gaining steam and momentum like in no way before, there
may be an urgent want for corporations to move past CSR sports and undertake social
obligation as a part of their schedule and commercial enterprise vision. TBL guarantees that
except that specialize in profits, a organization actively works withinside the course of
enhancing lives and paving the manner for a higher future.

Inclusion of social, human, and environmental capital to an organization's financial capital

permits getting a greater correct picture of an organization’s impact.