Triple bottom line
Explanation of the Triple Bottom Line
Changing business landscape: Triple Bottom Line
As expectations for transparency and ethical leadership grow, companies are redefining what success means. The Triple Bottom Line approach expands the focus beyond profit to include social impact and environmental awareness – balancing people, planet and profit for lasting value.
Modern companies are shifting from a singular focus on profit (the traditional “bottom line”) to the Triple Bottom Line, which encompasses:
- Profit: Financial sustainability
- People: Social impact
- Profit: Environmental awareness
Triple bottom line
Knowledge for social entrepreneurs
Do you want to start or grow a business that tackles social or environmental issues – and isn't solely focused on profit? Are you driven by a purpose, but also think like an entrepreneur? Then you may already be involved in social entrepreneurship, or on your way there. At Startups for Society's partners, you will find everything from practical knowledge to support from business coaches.