article thumbnail

Building a Purposeful and Sustainable Workplace through HR Strategies

HR Digest

The triple bottom line (TBL) is a framework that evaluates a business’s performance based on three factors: social, environmental, and financial. The TBL approach recognizes that businesses have a responsibility to contribute to social and environmental sustainability , not just financial success.

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

To this end, if we reverse engineer today’s sustainability agenda, it is clear that a powerful element of its genetic code has been the Triple Bottom Line (variously rendered as TBL or 3PL). Only a company that produces a TBL is taking account of the full cost involved in doing business.”