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  • OM - M2C - Triple Bottom Line

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    Greesu Greesu
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    The document discusses the triple bottom line of economic prosperity, social responsibility, and environmental concern. It states that economic prosperity involves compensating investors, business growth, long term profit, and benefiting society through well-paid employees. Social responsibility means beneficial practices for labor, community, and region like prohibiting child labor, exploitation, and ensuring safe working conditions, fair wages, and reasonable hours. Environmental concern focuses on efficient resource use, minimizing waste, and protecting the environment.

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    The document discusses the triple bottom line of economic prosperity, social responsibility, and environmental concern. It states that economic prosperity involves compensating investors, business growth, long term profit, and benefiting society through well-paid employees. Social responsibility means beneficial practices for labor, community, and region like prohibiting child labor, exploitation, and ensuring safe working conditions, fair wages, and reasonable hours. Environmental concern focuses on efficient resource use, minimizing waste, and protecting the environment.

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    14 views5 pages

    OM - M2C - Triple Bottom Line

    Uploaded by

    Greesu Greesu
    The document discusses the triple bottom line of economic prosperity, social responsibility, and environmental concern. It states that economic prosperity involves compensating investors, business growth, long term profit, and benefiting society through well-paid employees. Social responsibility means beneficial practices for labor, community, and region like prohibiting child labor, exploitation, and ensuring safe working conditions, fair wages, and reasonable hours. Environmental concern focuses on efficient resource use, minimizing waste, and protecting the environment.

    Copyright:

    © All Rights Reserved
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    The Triple bottom line

    The Triple Bottom Line

    Economic prosperity

    Environmental responsibility Social Responsibility


    1. Economic prosperity
    >> Compensate investors properly
    >> Promote growth of business
    >> Sustained long term profit
    >> Economic benefit to the society
    >> Pay the employees well
    2. Social Responsibility
    Beneficial business practices towards labor / community / region

    >> No child labor


    >> No exploitation
    >> Safe working conditions
    >> Fair wages
    >> Reasonable working hours
    3. Environmental concern
    >> Efficient use of natural resources
    >> Minimize waste
    >> Protecting the environment

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