1. Introduction The notion of the triple bottom line has become fashionable to be applied to management‚ consultation and investment over the last few years. The trend towards greater transparency and accountability in public reporting is reflected in revealing a more comprehensive performance which includes not only financial factor but also social and environmental ones. Despite the trend‚ there are still some people in mainstream sectors are to make profit regardless of environmental and social
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Sustainability and the Triple Bottom Line Introduction Southwest Airlines is the largest successful low-fare airline carrier in the United States. “The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth‚ friendliness‚ individual pride‚ and Company Spirit.” (Southwest Airlines‚ 2012) Southwest operates the business based on its core values: culture‚ philosophy‚ and spirit. “People are important…each one makes a difference.”
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brands and product lines meeting the demands of the market. Throughout the years‚ they have strived and worked toward environmental sustainability. The ability to be financial stable gives PepsiCo the ability to give back and donate to those communities they are located in. PepsiCo’s mission to provide performance with purpose means delivering sustainable growth by investing in a healthier future for people and our planet. PepsiCo is continually increasing their triple bottom line. Environmental.
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This article aims to introduce the concept and significance of Triple Bottom Line (TBL) with relationship to Sustainable Development Principle (SD) and Sustainable Construction (SC). Construction industry is one of the biggest industries in the world which needs a lot of attention to monitor and achieve the goals for a sustainable environment. In this report a case study has also been included which will be examined based on Global Report Initiatives (GRI). Introduction Sustainability
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Book review In the book‚ Cannibals with forks‚ John Elkington who is the author likened companies to cannibals to express corporations to devour competing corporations or industries to crave up and digest others in the traditional capitalist market. Elkington brought up an idea that forks could be an implement for these companies to switch toward to sustainability direction. As the form of a fork with three prongs‚ it is defined that ¡¥triple bottom line¡¦ of sustainability are economic prosperity
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the neglect of historical cultural and environmental impacts. (Dodds‚ 2007) The rapid development of tourism in Malta combined with the high number of seasonal visitors has lead to number of impacts. These impacts can be accessed using the triple bottom line approach developed by John Elkington in reference to the economic‚ social and environmental impacts. (Elkington‚ 1997) 2. Issues When identifying the issues that Malta is facing‚ the principles of the Cape Town Declaration‚ Agenda 21 and
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The Triple Bottom Line Analysis/Evaluation of Fiji Water: Fiji Water and Economical Sustainability Market Trends: The bottled waters market has observed a major growth in the last decades thanks to changes in consumers’ minds. The water products are now preferred to the Sparkling (Sodas) substitutes because customers are being more health-conscious and socially aware. The major threat for Fiji Water came after their attempt to enter the UK’s market‚ when the Tap Water vs. Bottled Water emerged
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we know of today have shaped the very existence of mankind. They have built wonderful businesses and have left lasting legacies. But today‚ in the 21st century‚ a new business has emerged and is allowing people from all walks of life to enter the entrepreneurial world and become famous entrepreneurs as many have done before them. 21st Century Business Technology and the Internet have opened up a new world of opportunities to everyone around the world. Where before entrepreneurs could sale goods
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Australian beef a triple bottom line analysis on the beef industry of Australia economic- In 2012-13 Australia exported 67% of its total beef and veal production more than 100 countries. The value of total beef and veal exports in 2012-13 was $5.06 billion. The value of Australia’s live cattle exports in 2012-13 was $590 million. The beef industry contributes 13% to total Australian farm exports. Australia’s largest export market is Japan‚ followed by the US and South Korea Australia is
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the Triple Bottom Line approach in the events industry: A case study of ‘Dubai pet show’ Every business just focuses on how they could achieve their economical‚ social and environmental success in today’s scary era of environmental and social responsibility‚ before organizations just thought about profit‚ profit and more profit but now they have realized that they also need to focus on the social and environmental values‚ so every business is trying to go green‚ therefore they use the Triple bottom
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