Thursday, January 12, 2017

Triple Bottom Line



The Triple Bottom Line is a interesting concept to me which I have never heard of before. John Elkington had a desire in the 1900s to measure sustainability and his system was named the Triple Bottom Line. Since this system was created, organizations of all kinds have implemented the TBL. including but not limited to organizations in: arts, education, manufacturing, government, law firms, farming and agriculture. It is amazing to me how one system can be applied to so many different organizations to help improve sustainability.

When talking about how businesses use the TBL, a quote that really stood out to me was " reducing waste from packaging can also reduce costs" (Timothy F. Slaper, 2011). This quote stood out to me because it was a really good example of how businesses or large manufactures can actually benefit from caring about the environment.
Image result for packaging reduction
http://greendeal.ca/manufacturers-work-to-reduce-packaging-on-the-shelf-and-behind-the-scenes

To me eating healthy and organic is very important so the quote "raising public awareness of the value of organic and biodynamic farming" stood out for me. I also like that in this section it is showing examples of how TBL  can be applied to any organization even education and arts.
In the section that talks about governments and states using TBL I found a quote that says "Policy-makers use these sustainability assessment frameworks to decide which actions they should or should not take to make society more sustainable" (Timothy F. Slaper, 2011).  States like Maryland and Vermont are already implementing the use of TBL.  I think we can learn from these states and broaden the use across the United Sates.
Image result for organic food
http://www.trendbusinessideas.com/organic-food-trends/

Cleveland, Ohio has been taking the initiative to really use the TBL. The mayor that put the 10 year plan into effect focuses on four main areas to make sustainable. I feel like this is a great way to implement sustainability because it breaks it down rather than just looking at everything as a whole. The quote below is an example of what stood out to me from this section.


"The city uses four key areas for measuring sustainability: the personal and social environment, the natural environment, the built environment (e.g., infrastructure and urban growth patterns) and the business environment" (Timothy F. Slaper, 2011).

Image result for ohio
http://www.worldatlas.com/webimage/countrys/namerica/usstates/lgcolor/ohcolor.htm



Saper T. & Hall T. (2011). The Triple Bottom Line: What Is It and How Does It Work?  Indiana Business Review.

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