Triple Bottom Line

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Recommended: CSR and company performance

1. Introduction:
Recently, many organisations and countries are trying to prevent the pollution and its bad impacts to human. In order to make that project be more realistic and effective, the European Union has offered a prize called ‘European Green Capital Award’. The main purpose of this award is to find a true green economy model and encourage other cities to improve the quality better. Bristol has received this recognition for 2015 due to its project to protect the environment and investment suitably. The project is based on both people’ consideration and the successful implication of Triple bottom line. However, the small and medium enterprises in Bristol also play an important role in contributing to the prize of this city. Therefore, Bearpit Social - a small coffee shop, which has been applied the business concept to have a suitable development plan as well as help Bristol develop more comprehensively. This report was written to help organisations understand more clearly about the Triple bottom line and how to implicate to improve the business operation in the most effective way.

2. Triple bottom line and its impacts:
2.1: CSR, Triple bottom line and Sustainability:
Corporate Social Responsibility (CSR) is a management concept which includes the set of policies, practices and programs that refers to the business actions, decision-making processes in order to maximise the positive impacts of its operations on external factors. The core content of CSR is the responsibility of the organisations in their business activities to not only the owner but also a wide group of stakeholder (customers, employees, suppliers and government). It is also related to the management of corporate citizenship and social responsibility problem....

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...4(2), 243-262.
Pava, M. L. (2007) Response to Getting to the bottom of ‘Triple Bottom Line’, Business Ethics Quarterly, 17(1), 105-110.
Rebecca, C. (2013) Corporate social responsibility: Pursuing the triple bottom line, Chemical Week, 175(15), 21-23.
Scalet, S.; Kelly, T. F. (2010) CSR Rating Agencies: What is their global impact, Journal of Business Ethics, 94(1), 69-88
Slaper, T. F.; Hall T. J. (2011) The Triple Bottom Line: What is it and How does it work, Indiana Business Review, 86(1), 4-8.
Tullberg, J. (2012) Triple Bottom Line – a vaulting ambition, European Review, 21(3), 310-323.
Vanclay, F. (2004) The Triple Bottom Line and Impact Assessment: How do TBL, EIA, SIA, SEA, EMS related to each other? Journal of Environmental Assessment Policy and Management, 6(3), 265-288.
Web source:
What is CSR? http://www.unido.org/en/what-we-do/trade/csr/what-is-csr.html

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