Answer: Triple bottom line
Explanation: The triple bottom line is an accounting framework or theory composed of social, environmental and financial aspects that recommends that organizations, companies etc should be invested on social and environmental concerns with as much enthusiasm as they do profits. While organizations adopt the triple bottom line framework to evaluate their performance in a broader perspective to create greater business value most apply it in gauging their level of commitment to corporate social responsibility and its numerous impacts on the environment over time. As such, it is an assessment of the cost of a good or service that includes the environmental, social, and economic costs.
Answer:
The correct answer is: triple bottom line.
Explanation:
The term triple bottom line, coined by British serial entrepreneur John Elkington (1949) in 1994, aims to define company sustainability based on three components: environmental, social, and economic. A company that looks for integrating sustainability in its business strategy can perform different activities reporting results in each of the three variables.
