Triple bottom line definition

Triple bottom line means the economic, environmental,
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Triple bottom line means an approach to sustainability whereby environmental health and integrity, social equity and cultural well-being, and economic prosperity and fiscal responsibility are integrated into decision making in a way that produces equitable solutions and mitigates undesirable trade-offs.
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Triple bottom line means the economic, environmental, and social benefits arising from a project, investment, or community and economic development activity.
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Examples of Triple bottom line in a sentence

  • Triple bottom line thinking: Generate a corporate strategy with positive impact in terms of profitability, the environment and the community4.

  • Triple bottom line refers to financial, social, and environmental outcomes.

  • Triple bottom line risk management: enhancing profit, environmental performance and community benefits.

  • Triple bottom line otherwise known as TBL or 3BL is an accounting framework with three parts: social, environmental (or ecological) and financial.

  • Triple bottom line (TBL) provides a methodology for councils to report across three dimensions of performance; environmental, social and economic, and has been quite widely explored by the Australian local government sector (e.g.: Jigsaw Services, 2004).

  • Triple bottom line (TBL) reporting, as championed by the King II Report and Global Reporting Initiative (GRI), has transformed the way non-financial information is being disclosed by both private and public sector enterprises.

  • Early applications of Satellite accounts include: - Indonesia (Repetto et al, 1989) - -Costa Rica (Solorano et al., 1991) 2.9.3 Triple bottom line reporting Triple Bottom Line (TBL) reporting is an approach for organisations to demonstrate they have strategies for sustainable growth.

  • This theory had facilitated a number of regulations involving been proven relevant in a number of cases disclosure of reporting in Triple bottom line where companies with a good financial namely profit, plant and people.

  • Triple bottom line reporting, if properly implemented, will provide information to enable others to assess the sustainability of an organization’s or community’s operations.

  • Triple bottom line evaluations were undertaken for those programs with a significant financial cost associated with them, or where the impacts of the program could have a noticeable environmental or social benefit.


More Definitions of Triple bottom line

Triple bottom line means that rather than having one bottom line (profit), the company should have three bottom lines (profit, people and planet).
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Triple bottom line. ’ accounting means expanding the traditional reporting framework to take into account environmental and social performance in addition to economic performance.
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Triple bottom line approach means that environmental and social factors must be considered, along with economic factors, throughout the decision- making process. This represents a major progression from earlier ad hoc approaches where environment and sustainability issues may have been considered to some degree but are outweighed, or disregarded, in the final decision processes by other imperatives. While all decision-making requires application of judgement and an exercise of discretion, a structured triple bottom line approach ensures that environmental, social and economic factors are all part of the process.
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Triple bottom line means including social, ecological and economic values and criteria when assessing alternative development paths.
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Triple bottom line means the accounting system which expands the traditional reporting framework to take into account social and environmental performance in addition to financial or economic performance.
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Related to Triple bottom line

  • Trunk Line means the coaxial/optic fiber cable network and other allied equipment such as receiver nodes, amplifiers, splitters etc. owned and installed by the multi-system operator or its associate companies for the purpose of transmitting Cable TV Signal to various LCOs till the receiving end of various LCOs, including the LCO, to enable them to re-transmit the Cable TV Signal to respective subscribers; All other words and expressions used in this interconnection agreement but not defined, and defined in the Act and rules and regulations made thereunder or the CTN Act and the rules and regulations made thereunder, shall have the meanings respectively assigned to them in those Acts or the rules or regulations, as the case may be.

  • Inner liner means a continuous layer of material placed inside a tank or container which protects the construction materials of the tank or container from the contained waste or reagents used to treat the waste.

  • overhead line means any electric supply-line, which is placed above ground and in the open air but excluding live rails of traction system;

  • Combined sewer overflow means the discharge of untreated or

  • Micro wireless facility means a small cell facility that is not larger in dimension than 24 inches in length, 15 inches in width, and 12 inches in height and that has an exterior antenna, if any, not longer than 11 inches.

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Total Facility has the meaning specified in Section 1.1.

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.

  • Water Line The water line is the single lateral water service line from the point of the water utility’s connection to the point of the water meter or main shut off line inside the home. The water line also includes well water lines, excluding those exceeding five feet under the surface level of the yard.

  • Secondary line means any single or multiphase electric power line operating at nominal voltage less than either 2,000 volts between ungrounded conductors or 1,155 volts between grounded and ungrounded conductors, regardless of the functional service provided by the line.

  • Original Project means the Project described in the Original Financing Agreement.

  • Rear lot line means the lot line that is opposite the front lot line in the case of a lot having four sides, and where the rear portion of a lot is bounded by intersecting side lot lines the point of intersection is deemed the rear lot line;

  • ionising radiation means the transfer of energy in the form of particles or electromagnetic waves of a wavelength of 100 nanometres or less or a frequency of 3 x 1015 hertz or more capable of producing ions directly or indirectly;

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.

  • Wireless facility means equipment at a fixed location that enables wireless communications

  • Side Lot Line means a lot line other than a front or rear lot line.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • IntraLATA LEC Toll means IntraLATA Toll traffic carried solely by a Local Exchange Carrier and not by an IXC. "IntraLATA Toll Traffic" describes IntraLATA Traffic outside the Local Calling Area.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • Capitol hill complex means the grounds and buildings within the area bounded by 300 North Street, Columbus Street, 500 North Street, and East Capitol Boulevard in Salt Lake City.

  • Front Lot Line means the front lot line as defined in the Town's Zoning By-law No. 1136 (1987), as amended, or any successor thereto.

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Combined Sewer means a sewer receiving both surface runoff and sewage.

  • Poverty line means the nonfarm federal poverty line for the continental United States, as defined by the federal department of labor under 42 USC 9902 (2).

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • building line means a rear space, side space or street front space;