article thumbnail

Building a Purposeful and Sustainable Workplace through HR Strategies

HR Digest

ESG and the Triple Bottom Line ESG strategy consulting is increasingly important in the business world as companies are expected to consider not just profits but also their impact on the environment and society. When companies prioritize ESG factors, they demonstrate a commitment to making a positive impact beyond just financial gain.

TBL 52
article thumbnail

25 Years Ago I Coined the Phrase ?Triple Bottom Line.? Here?s Why It?s Time to Rethink It.

Harvard Business Review

For those not familiar with it, the triple bottom line is a sustainability framework that examines a company’s social, environment, and economic impact. Only a company that produces a TBL is taking account of the full cost involved in doing business.” But the TBL wasn’t designed to be just an accounting tool.

TBL 11