August 2007 Archives

Triple bottom line - Wikipedia, the free encyclopedia

Lately their has been a good deal of discussion amongst my clients about a concept called the triple bottom line.  I had not heard the term used before, so I looked it up on Wikipedia and found an informative article.  The article states that... "triple bottom line accounting means expanding the traditional reporting framework to take into account environmental and social performance in addition to financial performance."  Some businesses and communities have started to use these measures, defining themselves as "sustainable corporations" and advocating for tax breaks because of their investments.